RETRANSMISSION: Manganese X Energy Corp. Receives Positive Ore Sorting Study Results in Preparation for Pre-Feasibility Study
Manganese X Energy Corp. (MNXXF) has announced positive results from their preliminary phase 1 ore sorting study at the Battery Hill manganese deposit near Woodstock, New Brunswick. The study, conducted by ABH Engineering Inc., showed over 95% effectiveness in separating valuable rocks from waste.
The test program, using a sample grading 7.7% Mn, achieved product grades of 12.9% Mn and 12% Mn with reject grades of 1.4% Mn and 1.2% respectively through two different sorting technologies. This preconcentration process, which removes waste material before processing, could potentially deliver multiple benefits including:
- Improved project NPV and IRR
- Reduced energy and water consumption
- Expanded resource through cut-off grade reduction
- Increased mine life and total metal production
- Reduced capital expenditures
- Decreased tailings storage and associated risk
Following these promising results, a more extensive Phase 2 Study is currently underway in preparation for the Pre-Feasibility Study (PFS) scheduled to begin in Q2 2025.
Manganese X Energy Corp. (MNXXF) ha annunciato risultati positivi dallo studio preliminare di fase 1 sulla separazione dei minerali presso il deposito di manganese Battery Hill vicino a Woodstock, New Brunswick. Lo studio, condotto da ABH Engineering Inc., ha mostrato oltre 95% di efficacia nella separazione delle rocce preziose dai rifiuti.
Il programma di test, utilizzando un campione con un grado di 7,7% di Mn, ha raggiunto gradi di prodotto di 12,9% di Mn e 12% di Mn con gradi di scarto di 1,4% di Mn e 1,2% rispettivamente attraverso due diverse tecnologie di separazione. Questo processo di preconcentrazione, che rimuove il materiale di scarto prima della lavorazione, potrebbe potenzialmente offrire molteplici vantaggi tra cui:
- Miglioramento del NPV e dell'IRR del progetto
- Riduzione del consumo di energia e acqua
- Espansione delle risorse grazie alla riduzione della soglia di grado
- Aumento della vita mineraria e della produzione totale di metallo
- Riduzione delle spese in conto capitale
- Diminuzione dello stoccaggio dei residui e dei rischi associati
In seguito a questi risultati promettenti, è attualmente in corso uno studio di Fase 2 più ampio in preparazione per lo Studio di Pre-Fattibilità (PFS) previsto per iniziare nel secondo trimestre del 2025.
Manganese X Energy Corp. (MNXXF) ha anunciado resultados positivos de su estudio preliminar de fase 1 sobre la separación de minerales en el depósito de manganeso Battery Hill cerca de Woodstock, New Brunswick. El estudio, realizado por ABH Engineering Inc., mostró más de 95% de efectividad en la separación de rocas valiosas de los desechos.
El programa de pruebas, utilizando una muestra con un grado de 7.7% de Mn, logró grados de producto de 12.9% de Mn y 12% de Mn con grados de rechazo de 1.4% de Mn y 1.2% respectivamente a través de dos tecnologías de separación diferentes. Este proceso de preconcentración, que elimina el material de desecho antes del procesamiento, podría ofrecer múltiples beneficios, incluyendo:
- Mejoras en el NPV y el IRR del proyecto
- Reducción del consumo de energía y agua
- Expansión de recursos mediante la reducción del grado de corte
- Aumento de la vida útil de la mina y de la producción total de metales
- Reducción de gastos de capital
- Disminución del almacenamiento de relaves y del riesgo asociado
Tras estos resultados prometedores, actualmente se está llevando a cabo un estudio de fase 2 más extenso en preparación para el Estudio de Pre-Factibilidad (PFS) programado para comenzar en el segundo trimestre de 2025.
Manganese X Energy Corp. (MNXXF)는 뉴브런즈윅주 우드스톡 근처의 배터리 힐 망간 광산에서 1단계 광석 선별 연구의 긍정적인 결과를 발표했습니다. ABH Engineering Inc.에서 수행한 이 연구는 귀중한 광석과 폐기물을 분리하는 데 95% 이상의 효율성을 보여주었습니다.
7.7% Mn 등급의 샘플을 사용한 테스트 프로그램은 각각 12.9% Mn 및 12% Mn의 제품 등급을 달성했으며, 두 가지 다른 선별 기술을 통해 각각 1.4% Mn 및 1.2% Mn의 폐기물 등급을 기록했습니다. 이 전처리 과정은 가공 전에 폐기물 물질을 제거하여 여러 가지 이점을 제공할 수 있습니다:
- 프로젝트 NPV 및 IRR 개선
- 에너지 및 물 소비 감소
- 컷오프 등급 감소를 통한 자원 확장
- 광산 수명 및 총 금속 생산 증가
- 자본 지출 감소
- 폐기물 저장소 및 관련 위험 감소
이러한 유망한 결과에 이어, 2025년 2분기에 시작될 예정인 사전 타당성 조사(PFS)를 준비하기 위해 현재 더 광범위한 2단계 연구가 진행 중입니다.
Manganese X Energy Corp. (MNXXF) a annoncé des résultats positifs de son étude préliminaire de phase 1 sur le tri des minerais au gisement de manganèse de Battery Hill près de Woodstock, au Nouveau-Brunswick. L'étude, réalisée par ABH Engineering Inc., a montré une efficacité de plus de 95% dans la séparation des roches précieuses des déchets.
Le programme de test, utilisant un échantillon avec un grade de 7,7% de Mn, a atteint des grades de produit de 12,9% de Mn et 12% de Mn avec des grades de rejet de 1,4% de Mn et 1,2% respectivement grâce à deux technologies de tri différentes. Ce processus de préconcentration, qui élimine le matériau de déchets avant le traitement, pourrait potentiellement offrir plusieurs avantages, notamment :
- Amélioration du NPV et de l'IRR du projet
- Réduction de la consommation d'énergie et d'eau
- Expansion des ressources grâce à la réduction de la teneur de coupure
- Augmentation de la durée de vie de la mine et de la production totale de métaux
- Réduction des dépenses en capital
- Diminution du stockage des résidus et des risques associés
À la suite de ces résultats prometteurs, une étude de phase 2 plus approfondie est actuellement en cours en préparation de l'étude de faisabilité préliminaire (PFS) prévue pour commencer au deuxième trimestre de 2025.
Manganese X Energy Corp. (MNXXF) hat positive Ergebnisse aus ihrer vorläufigen Phase-1-Erzsortierungsstudie im Manganvorkommen Battery Hill nahe Woodstock, New Brunswick, bekannt gegeben. Die Studie, die von ABH Engineering Inc. durchgeführt wurde, zeigte eine Effektivität von über 95% bei der Trennung wertvoller Gesteine von Abfall.
Das Testprogramm, das eine Probe mit einem Gehalt von 7,7% Mn verwendete, erzielte Produktgehalte von 12,9% Mn und 12% Mn mit Abfallgehalten von 1,4% Mn und 1,2% jeweils durch zwei verschiedene Sortiertechnologien. Dieser Voraufbereitungsprozess, der Abfallmaterial vor der Verarbeitung entfernt, könnte potenziell mehrere Vorteile bieten, darunter:
- Verbesserung des NPV und IRR des Projekts
- Reduzierung des Energie- und Wasserverbrauchs
- Erweiterung der Ressourcen durch Senkung der Cut-off-Grade
- Erhöhung der Lebensdauer der Mine und der Gesamtmetallproduktion
- Reduzierung der Investitionsausgaben
- Verringerung der Lagerung von Abraum und des damit verbundenen Risikos
Nach diesen vielversprechenden Ergebnissen läuft derzeit eine umfassendere Phase-2-Studie zur Vorbereitung der im 2. Quartal 2025 geplanten Machbarkeitsstudie (PFS).
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Montreal, Quebec--(Newsfile Corp. - March 12, 2025) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (TRADEGATE: 9SC) (OTCQB: MNXXF) (the "Company" or "Manganese X") is pleased to announce positive results from ABH Engineering Inc.'s preliminary phase 1 ore sorting study conducted on sample material extracted from the Company's Battery Hill manganese deposit near Woodstock, New Brunswick, Canada.
The study was conducted in preparation for the Company's Pre-Feasibility Study (PFS) destined to start in the second quarter of 2025. Based on the favourable preliminary results from Phase 1, a more extensive Phase 2 Study is currently underway in concert with the Company's Battery Hill PFS.
CEO Martin Kepman said, "We believe that these results are very promising and as a result, we are undertaking more intensive tests in Phase 2 so as to prove the economic potential of the sorting technology being used."
Kepman further explained, "Through the sorting process, the ore is preconcentrated by rejecting waste material from the economically valuable ore prior to further processing. The benefits of effective ore sorting technology can be numerous."
The potential benefits include improved project NPV and IRR, reduced energy and water consumption, expansion of resource by cut-off grade reduction, a potential increase in mine life, an increase in total metal production, a reduction in capital expenditures and, decreased tailings storage and associated risk.
Brent Hilcher, VP of Mineral Processing at ABH Engineering, stated, "The Manganese X results are extremely promising. Two different technologies have been shown to be able to very effectively sort high grade rocks from waste rocks. In the detailed testing, the work showed the sensor and predictive algorithms make very few mistakes, indicating this will be a sorting application with well above average efficiency."
The initial ore sorting study results demonstrated over 95 per cent effectiveness in sorting valuable rocks from waste. The test program used a sample set grading
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 2025, including, among other items, its Phase 2 study 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243833
FAQ
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