Battery Metals

Nevada Silver Provides Update on Drilling, Permitting and Battery Testwork at the High-Grade Emily Manganese Project, Minnesota, USA

Nevada Silver Provides Update on Drilling, Permitting and Battery Testwork at the High-Grade Emily Manganese Project, Minnesota, USA

  • Three diamond core drill holes have been completed and samples submitted for analyses as drilling progresses on schedule.
  • Drill holes have all intersected high-grade manganese mineralization close to anticipated depths.
  • Metallurgical and battery test work will resume when the majority of planned drill holes in the eastern portion of the deposit are completed.
  • Barr Engineering will undertake environmental studies on recently acquired land in preparation for additional drilling.

Nevada Silver Corporation ("NSC" or the "Company") (TSXV:NSC)(OTCQB:NVDSF) is pleased to provide an update on the inaugural drill program, and other technical and permitting activities at its high-grade Emily Manganese project in Minnesota, USA. The Emily Project ("Emily") is located in the Cuyuna Iron Range of central Minnesota, USA (Figure 1), an area with a rich mining history and support from established local infrastructure, a skilled mining workforce and abundant power and gas

Figure 1. The Emily Project is part of the Emily District of the Cuyuna Iron Range in Crow Wing County, Central Minnesota. The Emily District includes the highest-grade manganese resource in North America.

Nevada Silver Corporation, Wednesday, March 8, 2023, Press release picture

A total of 2,243.9 feet (684 metres) of diamond core drilling has been completed to date at the Emily Project. The initial three holes (Figure 2) have been completed to target depth and samples forwarded to the ALS laboratory facility in Reno, NV for analyses.

Figure 2. Location map showing land under NSC control, Emily Iron Formation bedrock which is the host strata to manganese mineralization and locations of the three completed NSC drill holes.

Nevada Silver Corporation, Wednesday, March 8, 2023, Press release picture

Visible manganese mineralization, including high-grade manganese oxide (manganite), was intersected in all the completed drill holes (Fgure 3).

Figure 3. High-grade manganese oxide mineralization identified as mostly manganite, in drill hole NSC-23001 (between 350-358 feet).

Nevada Silver Corporation, Wednesday, March 8, 2023, Press release picture

With occurrences of apparent high-grade and considerable thicknesses of mineralization in the completed holes, NSC is pleased to announce fast-tracking of metallurgical and battery test work now due to commence at the completion of the current phase of drilling in the eastern portion of the Emily deposit. This work will include flow sheet development as well as bench top and pilot studies to produce manganese chemicals including high purity manganese sulphate monohydrate (HPMSM) for future supply to a burgeoning manganese cathode market. These metallurgical tests will complement previous test work which has confirmed viable laboratory extraction of battery materials.

Initial bulk samples will be supplemented by additional material as drilling continues across the deposit, including recently acquired ground (refer NSC announcement of 23rd February 2023).

NSC has commissioned Barr Engineering of Minnesota, NSC's environmental consultant, to commence environmental studies for permitting of additional drill holes within the recent land acquisition in the central portion of the deposit. These studies will commence as snow cover recedes and will include water, biologic, cultural and archeological assessments.

NSC's CEO Gary Lewis commented, "in spite the high-level of planning and technical oversight undertaken last year in relation to the current drill program, there is always a degree of anticipation as the first drill core is extracted, however the team couldn't be more satisfied with what they're seeing. Not just in relation to the wide intercepts of visible manganese mineralization, including high-grade manganite, but also that the mineralization is being encountered at expected depths consistent with the geological model."

We're excited that samples from the first three holes are on their way to the lab and wait with expectation for the results to be returned in coming weeks".

"We're also pleased to be accelerating our test work and environmental studies with the ultimate aim of transitioning to the development of the Emily project, and we look forward to further updating shareholders further as these programs advance."

Qualified Person

The scientific and technical data contained in this news release was reviewed and approved by Ian James Pringle PhD, who is a Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects.

About Nevada Silver Corporation

Nevada Silver Corporation (TSXV: NSC) (OTCQB: NVDSF) is a U.S.-based mineral development company with manganese and silver projects geared to supporting the transition to clean energy. NSC's principal asset is the Emily Manganese Project in Minnesota, which has been the subject of considerable technical studies, with US$24 million invested to date. The Company's mission in Minnesota is to become a domestic U.S. producer of high-purity, high-value manganese metal and chemical products for supply to U.S. energy, technology and industrial markets. With manganese playing a critical and prominent role in lithium-ion battery formulations, and with no domestic supply or active mines in North America, this represents a significant opportunity for NSC shareholders. In addition, NSC owns and operates the Corcoran Silver-Gold Project in Nevada. Both Corcoran and Emily have been the subject of National Instrument 43-101 compliant mineral resource estimates.

NSC will seek shareholder approval to change its name to Electric Metals USA Limited at the Company's Annual General Meeting in May 2023.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further Information please contact:

Gary Lewis, Group CEO & Director: (647) 846 5299 - gl@nevadasilvercorp.com

Forward-Looking Statements: Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and Nevada Silver Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any securities that may be described herein and accordingly undue reliance should not be put on such.

SOURCE:Nevada Silver Corporation



View source version on accesswire.com:
https://www.accesswire.com/742612/Nevada-Silver-Provides-Update-on-Drilling-Permitting-and-Battery-Testwork-at-the-High-Grade-Emily-Manganese-Project-Minnesota-USA

News Provided by ACCESSWIRE via QuoteMedia

NSC:CA
The Conversation (0)
Nevada Silver

Nevada Silver


Keep reading...Show less
Nevada Silver Announces Major Land Acquisition in Minnesota to Significantly Expand the Emily Manganese Exploration Footprint

Nevada Silver Announces Major Land Acquisition in Minnesota to Significantly Expand the Emily Manganese Exploration Footprint

  • Signs lease and purchase option agreements covering two strategic blocks of land joining the Company's existing holdings.
  • First company to consolidate land into one contiguous block covering much of the manganese-iron deposition previously drilled by US Steel and Pickands Mather.
  • NSC to review drill program now underway to include additional holes to cover high-grade historical intercepts on this newly acquired ground.

Nevada Silver Corporation ("NSC" or the "Company") (TSXV:NSC)(OTCQB:NVDSF) a US-based mineral development company with manganese and silver projects geared to supporting the transition to clean energy, is pleased to announce that the Company's Minnesota subsidiary, North Star Manganese Inc ("NSM") has signed lease and purchase option agreements with two private landowners in Emily, Minnesota on two adjacent blocks of land covering approximately 77 acres of surface and mineral rights

The Emily Project is located in the Cuyuna Iron Range of central Minnesota, USA (Figure 1), an area with a rich mining history and supported by well-established local infrastructure, a skilled mining workforce and abundant power and gas.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Nevada Silver Corporation Commences Drilling at the Emily Manganese Project, Minnesota, USA

Nevada Silver Corporation Commences Drilling at the Emily Manganese Project, Minnesota, USA

Nevada Silver Corporation ("NSC" or the "Company") (TSXV:NSC)(OTCQB:NVDSF) a US-based mineral development company with manganese and silver projects geared to supporting the transition to clean energy, is pleased to announce that the Company's Minnesota subsidiary, North Star Manganese Inc ("NSM") has received all necessary approvals and has commenced drilling at its Emily Manganese Project ("Emily" or the "Project"), Minnesota, USA

The Emily Project is located in the Cuyuna Iron Range of central Minnesota, USA (Figure 1), an area with a rich mining history and supported by well-established local infrastructure, a skilled mining workforce and abundant power and gas.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Nevada Silver Corporation Appoints Oliver Lennox-King as Chairman and Announces Other Board and Management Changes

Nevada Silver Corporation Appoints Oliver Lennox-King as Chairman and Announces Other Board and Management Changes

Nevada Silver Corporation (TSXV: NSC) (OTCQB: NVDSF) ("NSC" or the "Company"), is pleased to announce that Mr. Oliver Lennox-King has been appointed to the NSC board as Non-Executive Chairman, with immediate effect, replacing Mr. John Kutkevicius who has held the position in an interim capacity since the summer of 2022.

Mr. Lennox-King has had a long and distinguished career in the mineral resource industry and has a wide range of experience in financing, research, and marketing. Since 1992 he has held senior executive and board positions with a number of junior exploration and mining companies. Most recently, Mr. Lennox-King was the Chairman of Roxgold Inc from 2012 until its acquisition by Fortuna Silver Mines Inc in July 2021. In addition to Roxgold, other notable Chairmanships included Pangea Goldfields, Aurora Uranium and Fronteer Gold, the latter until acquired by Newmont Mining Corp.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Nevada Silver Corporation Announces Closing of C$3.5 Million Private Placement Offering of Common Shares and Warrants

Nevada Silver Corporation Announces Closing of C$3.5 Million Private Placement Offering of Common Shares and Warrants

Nevada Silver Corporation (TSXV: NSC) (OTCQB: NVDSF) ("NSC", or the "Company") is pleased to announce the completion of its previously announced reasonable "best efforts" marketed private placement (the "Offering"). A total of 21,212,000 common shares (the "Common Shares") were sold at a price of $0.15 per Common Share and a total of 21,212,000 common share purchase warrants (the "Warrants") were sold at a price of $0.015 per Warrant for combined gross proceeds of approximately $3.5 million. Each Warrant is exercisable to acquire one common share of the Company at a price of $0.25 per share until January 5, 2025. The expiry date of the Warrants will accelerate in the event the volume weighted average trading price of the Common Shares on the TSX Venture Exchange is equal to or exceeds $0.30 per Common Share for a period of 20 consecutive trading days (an "Acceleration Event"). If an Acceleration Event occurs, the Warrants will expire 30 days after notice of such Acceleration Event.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
NEVADA SILVER CORPORATION ANNOUNCES BROKERED PRIVATE PLACEMENT OFFERING OF COMMON SHARES AND WARRANTS

NEVADA SILVER CORPORATION ANNOUNCES BROKERED PRIVATE PLACEMENT OFFERING OF COMMON SHARES AND WARRANTS

/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWS WIRES/

Nevada Silver Corporation (" NSC " or the " Company ") (TSXV: NSC) (OTCQB: NVDSF) is pleased to announce it has entered into an agreement with Cormark Securities Inc. (the " Agent "), acting as agent and sole bookrunner, in connection with a reasonable "best efforts" marketed offering of a minimum of 21,212,000 common shares (the " Common Shares ") in the capital of the Company and 21,212,000 warrants (the " Warrants ") and up to 30,303,000 Common Shares and 30,303,000 Warrants (the offer and sale of the Common Shares and Warrants collectively referred to as the " Offering "). Each Warrant will entitle the holder thereof to purchase one Common Share at a price of $0.25 per Common Share for a period of 24 months following the Closing Date (as herein defined). The expiry date of the Warrants will accelerate in the event the volume weighted average trading price of the Common Shares on the TSX Venture Exchange is equal to or exceeds $0.30 per Common Share for a period of 20 consecutive trading days (an " Acceleration Event "). If an Acceleration Event occurs, the Warrants will expire 30 days after notice of such Acceleration Event. The aggregate purchase price for one Common Share and one Warrant shall be $0.165 being $0.15 per Common Share (the " Common Share Offering Price ") and $0.015 per Warrant, to raise aggregate gross proceeds of a minimum of $3.5 million and up to $5.0 million .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
TinOne Resources: Advances Australian Tin Projects and Discovers New Lithium Occurrences, CEO Clips Video

TinOne Resources: Advances Australian Tin Projects and Discovers New Lithium Occurrences, CEO Clips Video

TinOne Resources Inc. (TSXV: TORC) (OTCQB: TORCF the Vancouver-based company with tin, tintungsten and lithium projects in the Tier 1 mining jurisdiction of Tasmania, Australia, has reported a successful season of drilling at their flagship project, Great Pyramid, with all assays confirming expansion on the historical resource. In addition, the company announced a new discovery of lithium at the Aberfoyle project, which has significant potential for future growth.

TinOne Resources Inc. (TSXV: TORC) (OTCQB: TORCF)

https://tinone.ca/

About CEO Clips:

CEO Clips - are short company video profiles broadcast to a large audience of investors on TV and 15+ financial sites including Reuters, Yahoo!Finance, and Wall Street Journal.

BTV - Business Television/CEO Clips

Discover Companies to Invest in

www.b-tv.com

Contact: Trina Schlingmann (604) 664-7401 x 5 trina@b-tv.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/160111

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Nevada Sunrise Receives Additional Lithium Analyses - GEM23-04 Mineralization Improves to 1,412 ppm Lithium in Sediments over 1,440 Feet and up to 490 mg/L Lithium in Groundwater at the Gemini Lithium Project, Nevada

Nevada Sunrise Receives Additional Lithium Analyses - GEM23-04 Mineralization Improves to 1,412 ppm Lithium in Sediments over 1,440 Feet and up to 490 mg/L Lithium in Groundwater at the Gemini Lithium Project, Nevada

Nevada Sunrise Metals Corp. ("Nevada Sunrise", or the "Company") (TSXV: NEV) (OTC: NVSGF) is pleased to announce that the Company has received final geochemical analyses for lithium mineralization in sediment and groundwater samples collected from borehole GEM23-04, drilled at its 100%-owned Gemini Lithium Project ("Gemini") located in the Lida Valley basin in Esmeralda County, Nevada . Drilling of borehole GEM23-04 was completed to a depth of 1,950 feet (594.51 metres), which represents the deepest hole drilled to date at Gemini.

Highlights of GEM23-04
  • Borehole GEM23-04 intersected 1,412.38 parts per million ("ppm") lithium-in-sediment over 1,440 feet (439.02 metres) from 510 feet (155.49 metres) to 1,950 feet (594.51 metres), including 3,556.82 ppm lithium over 110 feet (33.54 metres) and 4,329.60 ppm lithium over 30 feet (9.15 metres) (see Table 1 below);
  • Water sample analyses showed additional concentrations of lithium in groundwater flows, notably a 20 foot (6.1 metre) interval grading 490 milligrams/litre ("mg/L") lithium (see Table 2 below);

Table 1.  Final Results of Lithium-in-Sediment Samples for Borehole GEM23-04

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Bradda Head Lithium Ltd Announces San Domingo Pegmatite District Drilling Results

Bradda Head Lithium Ltd Announces San Domingo Pegmatite District Drilling Results

San Domingo Pegmatite District Drilling Results Continue to Demonstrate High Grade Intersections of Mineralised Lithium Pegmatites in Arizona

Bradda Head Lithium Ltd. (AIM:BHL)(TSXV:BHLI)(OTCQB:BHLIF) ("Bradda Head", "Bradda", "BHL" or the "Company"), the North America-focused lithium development company, is pleased to announce further significant intercepts of high grade lithium bearing minerals at multiple locations from the second set of assay results from its maiden diamond core drilling programme at the Company's 23km2 San Domingo pegmatite district in Arizona. This is a continuation of the first extensive drilling campaign undertaken at San Domingo since the 1950's and is the maiden programme under BHL. Lithium bearing minerals (spodumene and some lepidolite) have been identified in c.60% of the total holes completed and importantly the programme has only tested just over 1% of the 23km2 that Bradda holds in Arizona

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
CORRECTION FROM SOURCE: Strathmore Plus Uranium Engages Gold Standard Media Amended

CORRECTION FROM SOURCE: Strathmore Plus Uranium Engages Gold Standard Media Amended

Strathmore Plus Uranium Corporation (TSXV: SUU) (OTC Pink: SUUFF) ("Strathmore Plus" or "the Company") has engaged Gold Standard Media LLC and it's affiliates (Future Money Trends LLC, Wealth Research Group LLC & Portfolio Wealth Global LLC) to provide certain marketing services to the Company (the "Marketing Agreement"). The services include online marketing and advertising through Google Ads, social media, and emails. The Marketing Agreement has a four-month term, which commences on the later of March 24, 2023, and the approval of the TSXV, and an upfront payment of US$400,000 is payable to Gold Standard upon the approval of the TSXV.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Strathmore Plus Uranium Engages Gold Standard Media

Strathmore Plus Uranium Engages Gold Standard Media

Strathmore Plus Uranium Corporation (TSXV: SUU) (OTC Pink: SUUFF) ("Strathmore Plus" or "the Company") has engaged Gold Standard Media LLC and its affiliates (Future Money Trends LLC, Wealth Research Group LLC & Portfolio Wealth Global LLC) to provide certain marketing services to the Company (the "Marketing Agreement"). The services include online marketing and advertising through Google Ads, social media, and emails. The Marketing Agreement has a four-month term, which commences on the later of March 24, 2023, and the approval of the TSXV, and an upfront payment of US$400,000 is payable to Gold Standard upon the approval of the TSXV.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×