Junior miner reports robust manganese, iron intercepts
Manganese X Energy Corp (TSX: V.MN, OTCQB: SNCGF, Forum) today announced near-surface drill results from its 16-hole, 3,589 meter drill program on its Houlston Woodstock manganese property. The project is located in Carleton County, 5km northwest of Woodstock, New Brunswick. Core samples will also be used to conduct upcoming metallurgical testing.
Five of the holes were drilled in the Iron Ore Hill sector of the property and the remaining eleven holes were drilled in the Sharpe Farm – Moody Hill sector. Drilling was testing near-surface targets and did not go lower than approximately 200 meters below surface. Robust intercepts were recorded starting from a depth of only 4 meters below surface.
The drilling targeted a 1.8 km strike length of the manganese/iron mineralization trend. The Company will now refer to the Sharpe Farm – Moody Hill sector as the Battery Hill Deposit.
Highlights of the drilling include 78.90 meters of 11.48% Mn and 19.17% Fe2O3 including 40 meters of 13.90% Mn and 22.61% Fe2O3, 85.50 meters of 11.47% Mn and 19.31% Fe2O3, and 87 meters of 9.35% MnO and 16.54% Fe2O3. Mineralization remains open at depth and along strike. Further information can be found here.
The Company was recently in the news when it announced the completion of a diamond drill program at its Houlston Woodstock manganese property as well as the completion of its final cash payment to Globex Mining on its option agreement.
FULL DISCLOSURE: Manganese X Energy Corp. is a paid client of Stockhouse Publishing.
View original article here
About Manganese X Energy
Manganese’s X mission is to acquire and advance high potential manganese mining prospects located in North America with the intent of supplying value added materials to the lithium ion battery and other alternative energy industries. In addition our company is striving to achieve new methodologies emanating from environmentally and geographically ethical and friendly green/zero emissions technologies, 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
Martin Kepman
CEO and Director
martin@kepman.com
1-514-802-1814
Cautionary Note Regarding Forward-Looking Statements:
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.
This news release contains „forward-looking information“ including statements with respect to the future exploration performance of the Company. This forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements of the Company, expressed or implied by such forward-looking statements. These risks, as well as others, are disclosed within the Company’s filing on SEDAR, which investors are encouraged to review prior to any transaction involving the securities of the Company. Forward-looking information contained herein is provided as of the date of this news release and the Company disclaims any obligation, other than as required by law, to update any forward-looking information for any reason. There can be no assurance that forward-looking information will prove to be accurate and the reader is cautioned not to place undue reliance on such forward-looking information. We seek safe harbor.
powered by 