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Corporate and Project Update on the Emily Manganese Project - Digital Journal

Last updated Tuesday, December 21, 2021 11:13 ET , Source: NewsService

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

TORONTO, ON / ACCESSWIRE / December 21, 2021 / Nevada Silver Corporation (“NSC” or the “Company”) (TSXV:NSC) is pleased to provide an update on its 100% owned subsidiary North State Manganese Inc (“North Star”) and the Emily Manganese Project (“Emily”). Emily is in the Cuyuna Iron Range, Crow Wing County, Minnesota and was the subject of a June 2020 NI 43-101 mineral resource estimate by Barr Engineering Company (Table 1)1.

TABLE 1: NI 43-101 COMPLIANT INDICATED AND INFERRED MINERAL RESOURCE ESTIMATE

Review of NI 43-101 resource drill data highlights high-grade intersections

North Star recently commissioned a review of drilling and other technical data contained within the Barr Engineering mineral resource estimate. A number of high-grade drill intersections were identified within thicker zones of mineralization2, including:

  • Drill hole VC-01-11: 33.68 meters from 70.56 meters @ 16.93% Mn
    • Including 8.99 meters @ 34.58% Mn; and
    • Including 1.07 meters @ 50.10% Mn
  • Drill hole AC-01-11: 36.88 meters from 135.02 meters @ 9.98% Mn
    • Including 7.47 meters @ 29.48% Mn; and
    • Including 1.52 meters @ 43.00% Mn
  • Drill hole AC-02-11: 19.5 meters from 70.1 meters @ 18.5% Mn
    • Including 8.84 meters @ 32.94% Mn; and
    • Including 6.10 meters @ 39.33% Mn; and
    • Including 3.05 meters @ 45.74% Mn
  • Drill hole AC-04-12: 9.0 meters from 137.2 meters @ 17.6% Mn
    • Including 4.47 meters @ 24.47% Mn (Figure 1)

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