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Manganese X Energy Corp. Announces Mineral Resource Estimate for Battery Hill Manganese Project
- 34.86 Million tonnes of Measured and Indicated Resources grading 6.42% Mn; plus - 25.91 ...
About this update from Manganese X Energy Corp.
[{"type":"text","content":"Manganese X Energy Corp. Announces Mineral Resource Estimate for Battery Hill Manganese Project- 34.86 Million tonnes of Measured and Indicated Resources grading 6.42% Mn; plus- 25.91 Million tonnes of Inferred Resources grading 6.66% MnHighlights: The mineral resource estimate utilizes a 2.5% Mn cut-off grade that reflects total operating costs having \"reasonable prospects for economic extraction.\"Operating costs applied in the pit optimization reflect an innovative processing flow sheet designed by Kemetco Research. Kemetco will be applying for a Provisional Patent on behalf of the Company to protect this process. The process focuses on production of 99.95 % High-Purity Manganese Sulphate Monohydrate (HPMSM) for the electric vehicle (EV) and back up energy storage sectors. The HPMSM will be devoid of selenium, the bane of some 98% of current producers. Based on the large inventory of Measured and Indicated mineral resources defined to date, MXE will move quickly to acquire all information required to bring the project to a Feasibility Study stage. Current focus is on the HPMSM market. The Company also anticipates potentially recovering lower grade Mn to produce additional products such as those used in the agricultural industry.Montreal, Quebec--(Newsfile Corp. - July 7, 2021) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (OTC: MNXXF) (\"Manganese\" or the \"Company\") is pleased to announce the first Mineral Resource Estimate for its Battery Hill Manganese Project of 34.86 million tonnes of Measured and Indicated mineral resources grading 6.42% Mn, plus an additional 25.91 million tonnes of Inferred mineral resources grading 6.66% Mn. The mineral resource estimate was prepared in accordance with the CIM Definition Standards for Mineral Resources and Mineral Reserves (2014) and is tabulated in Table 1. Table 1: Battery Hill Deposit Mineral Resource Estimate - Effective Date June 18th, 2021 Cut-off Grade (Mn %) Category  Rounded Tonnes Mn %  Fe % 2.5 Measured 11,260,000 6.75  10.96 Indicated 23,600,000 6.26  10.53 Measured Plus  Indicated 34,860,000 6.42 10.67  Inferred 25,910,000 6.66  10.92Mineral Resource Estimate Notes: 1) Mineral resources were prepared in accordance with the CIM Definition Standards for...