Manganese X Energy Corp. Reports Final Battery Hill Deposit Drill Results In Advance of Pre-Feasibility Study
- SF24-96: 12.5m @ 13.62% MnO from 41.5m and 13.3m @ 14.9% MnO
- SF24-98: 72.6m @ 11.29% MnO from 11m, including 42.1m @ 13.3% MnO
- SF24-99: 32m @ 15.7% MnO from 5m
- SF24-101: 16m @ 13% MnO from 8m, and 51.5m @ 12.57% MnO from 136m
- SF24-102: 24.2m @ 9.3% MnO from 6.8m, 16.8m @ 10.89% MnO from 53.4m, and 35.6m @ 14.6% MnO from 87.2m
- SF24-103: 32m @ 11.6% MnO from 27m
- SF24-105: 20.2m @ 11.2% MnO from 81m
TABLE 1 | |
---|---|
Moody Northwest Zone | |
SF24–94 | 9.4 metres of 14.8% MnO starting at 94.8 metres. |
SF24–95 | No significant results. This cut off the new Moody Northwest mineralization to the south. |
SF24–96 | 12.5 metres of 12.62% MnO starting at 41.5 metres, plus 13.3 metres of 14.92% MnO starting at 78 metres, plus 19.7 metres of 10.6% MnO starting at 106.3 metres, including 11 metres of 13.48% MnO. |
SF24–97 | No significant results. This cut off the new Moody Northwest mineralization to the north. |
Sharpe Farm West Zone | |
SF24–98 | 72.6 metres of 11.29% MnO starting at 11 metres, including 41.2 metres of 13.3% |
SF24–99 | 32 metres of 15.72% MnO starting at 5 metres, 10.4 metres of 9.26% MnO starting at 40.6 metres, and 28.1 metres of 9.63% MnO starting at 69.9 metres |
SF24–100 | No significant intercepts. Positioned 25 m behind SF24–99 |
SF24–101 | 16 metres of 13% MnO starting at 8 metres, and 51.5 metres of 12.57% MnO starting at 136 metres. |
Sharpe Farm East Zone | |
SF24–102 | 24.2 metres of 9.3% MnO starting at 6.8 metres, and 29.2 metres of 8.61% MnO starting at 41 metres, including 16.8 metres of 10.89% MnO, plus 15.6 metres of 14.6% MnO starting at 87.2 |
SF24–103 | 32 metres of 11.6% MnO starting at 5.5 metres starting at 27 metres. |
SF24–104 | Lost hole. No sampling |
SF24–105 | 20.2 metres of 11.42% MnO starting at 81 metres |
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.