Manganese X Energy Corp. Provides Update on Resource Definition Drilling Program at its Battery Hill Manganese Deposit and Undertakes Additional Ore Sorting Testing
Manganese X Energy announces a new drilling program at its Battery Hill manganese deposit near Woodstock, New Brunswick. The program includes approximately 1250 metres of core drilling to upgrade specific areas from Inferred to Measured and Indicated Resource categories, important for the upcoming Pre-Feasibility Study (PFS). The company has also sent 100 core samples to TOMRA in Germany for ore sorting testing, with results expected by year-end. Additionally, Kemetco Research continues operating the pilot plant to produce high-purity manganese sulfate (HPMSM) samples for potential customers while detailing operating parameters for the PFS.
Manganese X Energy annuncia un nuovo programma di trivellazione presso il suo giacimento di manganese Battery Hill vicino a Woodstock, New Brunswick. Il programma prevede circa 1250 metri di perforazione di carote per aggiornare specifiche aree dalle categorie di risorse Inferred a Measured e Indicated, importanti per il prossimo studio di pre-fattibilità (PFS). L'azienda ha anche inviato 100 campioni di carota a TOMRA in Germania per test di selezione del minerale, con risultati attesi entro la fine dell'anno. Inoltre, Kemetco Research continua a gestire l'impianto pilota per produrre campioni di solfato di manganese ad alta purezza (HPMSM) per potenziali clienti, dettagliando nel contempo i parametri operativi per il PFS.
Manganese X Energy anuncia un nuevo programa de perforación en su depósito de manganeso Battery Hill cerca de Woodstock, New Brunswick. El programa incluye aproximadamente 1250 metros de perforación de testigos para actualizar áreas específicas de las categorías de Recursos Inferidos a Medidos e Indicados, lo cual es importante para el próximo Estudio de Pre-Factibilidad (PFS). La compañía también ha enviado 100 muestras de testigos a TOMRA en Alemania para pruebas de clasificación de mineral, con resultados esperados para finales de año. Además, Kemetco Research continúa operando la planta piloto para producir muestras de sulfato de manganeso de alta pureza (HPMSM) para posibles clientes, mientras detalla los parámetros operativos para el PFS.
Manganese X Energy는 뉴브런즈윅주 우드스톡 근처에 위치한 Battery Hill 망간 광맥에서 새로운 시추 프로그램을 발표했습니다. 이 프로그램은 추정 자원(Inferred)에서 측정 자원(Measured) 및 표시 자원(Indicated) 카테고리로 특정 지역을 업그레이드하기 위해 약 1250미터의 코어 시추를 포함합니다. 이는 다가오는 예비 타당성 조사(PFS)에 중요합니다. 또한, 이 회사는 독일의 TOMRA에 100개의 코어 샘플을 보내 광물 분류 테스트를 진행하고 있으며, 결과는 연말까지 예상됩니다. 게다가, Kemetco Research는 고순도 망간 황산염(HPMSM) 샘플을 잠재 고객을 위해 생산하기 위해 파일럿 플랜트를 계속 운영하며 PFS를 위한 운영 매개변수를 상세히 설명하고 있습니다.
Manganese X Energy annonce un nouveau programme de forage sur son gisement de manganèse Battery Hill, près de Woodstock, au Nouveau-Brunswick. Le programme comprend environ 1250 mètres de forage de carottes pour mettre à jour des zones spécifiques des catégories de ressources Inferred en Measured et Indicated, ce qui est important pour l'étude de pré-faisabilité (PFS) à venir. La société a également envoyé 100 échantillons de carottes à TOMRA en Allemagne pour des tests de tri de minerai, avec des résultats attendus d'ici la fin de l'année. De plus, Kemetco Research continue d'exploiter l'usine pilote pour produire des échantillons de sulfate de manganèse de haute pureté (HPMSM) pour des clients potentiels, tout en détaillant les paramètres opérationnels pour le PFS.
Manganese X Energy kündigt ein neues Bohrprogramm in seinem Manganvorkommen Battery Hill in der Nähe von Woodstock, New Brunswick, an. Das Programm umfasst etwa 1250 Meter Kernbohrungen, um bestimmte Bereiche von der Kategorie Inferred auf Measured und Indicated-Ressourcen hochzustufen, was für die bevorstehende Machbarkeitsstudie (PFS) wichtig ist. Das Unternehmen hat auch 100 Kernproben an TOMRA in Deutschland gesendet, um Tests zur Erzsortierung durchzuführen, deren Ergebnisse bis Ende des Jahres erwartet werden. Zusätzlich betreibt Kemetco Research weiterhin die Pilotanlage zur Produktion von hochreinem Mangan-Sulfat (HPMSM) für potenzielle Kunden und erläutert zugleich die Betriebsparameter für die PFS.
- Resource upgrade drilling program targeting higher grade, near-surface mineralization
- Ongoing pilot plant operation producing HPMSM samples for potential customers
- Advanced ore sorting testing could improve mining efficiency and reduce environmental impact
- None.
Montreal, Quebec--(Newsfile Corp. - November 6, 2024) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (TRADEGATE: 9SC) (OTCQB: MNXXF) (the "Company" or "Manganese X") is pleased to announce that starting later this week, it will drill several portions of the Battery Hill deposit near Woodstock, New Brunswick, to upgrade specific areas of Inferred Mineral Resources to the Measured and Indicated Mineral Resource categories.
This resource upgrading drill program is important so these areas of higher grade, near surface mineralization which would be mined in the early years of production can be included and optimized in the upcoming Pre-Feasibility Study ("PFS"). Depending on results, 4 holes will test the recently discovered Moody Hill Northwest mineralization, two holes will test the Sharpe Farm Northwest portion of the deposit, and 4 holes are planned to test the Sharpe Farm Northeast mineralization.
The drill program which will provide approximately 1250 metres of core for analysis, is designed to finalize grade and tonnage information for a new NI 43-101 compliant Mineral Resource estimate that will be part of the upcoming PFS. .
Ore Sorting
The Company has selected 100 representative pieces of core from its Battery Hill deposit and shipped them to the TOMRA Ore Sorting Solutions laboratory in Germany. This testing is a variation of testing undertaken by the Company in 2017 as reported in the 2022 Battery Hill Preliminary Economic Assessment and, if successful, would positively impact the mining, processing and environmental footprint of the project. Samples were received in Germany in early October and preliminary results are expected by year end.
Metallurgical and High Purity Test Samples
Kemetco Research Inc. (Kemetco) located in Richmond, B.C., continues to operate the Manganese X Energy Pilot Plant to provide samples of its battery-grade compliant high purity manganese sulfate product ("HPMSM") to potential customers. Kemetco is also continuing to detail all operating parameters of the Battery Hill Project's metallurgical and purification flow sheet required for the Company's upcoming Battery Hill PFS. Testing also includes investigating additional possible products from the same ore feedstock.
Martin Kepman, CEO of Manganese X, states, "We are pleased that these programs will be completed in the near future since they are critical for the economic optimization of the project during the upcoming pre-feasibility study and the forward planning of the mine permitting process. We remain totally committed to be at the forefront of a domestic supply of EV compliant high-purity manganese for the North American battery manufacturers. The Company anticipates releasing further updates from US Battery Technology Leader C4V and Kemetco Research Inc. within the next two weeks."
C4V is a global leader in renewable battery technology, as well as involved in some of the world's largest Gigafactory developments.
About Manganese X Energy Corp.
Manganese X's mission is to advance its Battery Hill project into production, thereby becoming the first public actively traded manganese mining company in Canada and US to commercialize EV compliant high purity manganese, potentially supplying the North American supply chain. The Company intends on supplying value-added materials to the lithium-ion battery and other alternative energy industries, as well as striving to achieve new carbon-friendly more efficient methodologies, while processing manganese at a lower competitive cost.
For more information visit the website at www.manganesexenergycorp.com.
On behalf of the Board of Directors of
MANGANESE X ENERGY CORP.
Martin Kepman
CEO and Director
Email: martin@kepman.com
Tel: 1-514-802-1814
Neither 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.
Cautionary Note Regarding Forward-Looking Statements:
This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operations and activities of Manganese X, are forward-looking statements. Forward-looking statements in this news release relate to the Company's goals and plans for 2024, including, among other items, its pilot plant project and PFS. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Manganese X, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. These risks, as well as others, are disclosed within the Company's filings on SEDAR+, which investors are encouraged to review prior to any transaction involving the securities of the Company. Readers should not place undue reliance on the forward-looking statements. Manganese X does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.
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FAQ
What is the purpose of Manganese X Energy's (MNXXF) new drilling program at Battery Hill?
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What is the status of Manganese X Energy's (MNXXF) ore sorting testing program?
