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Manganese X Updates Woodstock NI 43-101 Technical Report: Progressing Towards a Preliminary Economic Assessment
Montreal, Quebec--(Newsfile Corp. - July 16, 2020) -   Manganese X Energy Corp. (TSXV: MN...
About this update from Manganese X Energy Corp.
[{"type":"text","content":"Manganese X Updates Woodstock NI 43-101 Technical Report: Progressing Towards a Preliminary Economic AssessmentMontreal, Quebec--(Newsfile Corp. - July 16, 2020) -  Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (TRADEGATE: 9SC2) (OTC Pink: SNCGF) (\"Manganese X\" or the \"Company\") Montréal, Québec, Canada, is pleased to announce that it has completed an updated National Instrument (\"NI\") 43-101 Technical Report for its 100% owned Woodstock Battery Hill Manganese Property located in New Brunswick. The updated Technical Report, dated June 30, 2020, includes exploration work carried out since 2016. A copy of the Report is available on the Company's website and on SEDAR (link to the report: https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00026880)The Technical Report states that Battery Hill is a property of merit and notes the following significant advancements:Metallurgical and Purification testing on the Battery Hill mineralization has successfully demonstrated techniques capable of producing high purity MnSO4 to 99.95%, with low contaminants, a level potentially sufficient for the use as a component in the production of EV and storage battery manufacturing.Diamond drilling has been completed over a 1.8 kilometer strike length of the prospective manganese occurrence trend. Most holes intercepted significant grades and widths of manganese mineralization such as 10.75% Mn over 52.6 meters (core length) in SF-16-05, 12.96% Mn over 32.85 meters (core length) in SF-16-08 and 9.39% Mn over 74.0 meters in SF-17-18.The Technical Report recommends continued metallurgical testing to focus on flowsheet development to combine the steps identified thus far into a complete process that is efficient and cost effective. Additional diamond drilling is recommended to better delineate the mineralization and to bring it to an inferred resource category. The drilling should be focused primarily on the Moody Hill sector which has the highest grades and thicknesses of near surface Mn mineralization; as well as the largest amount of metallurgically preferred types of mineralization. The Company intends to commence a diamond drill program, focusing on the Moody Hill sector as recommended this fall; as well as an environmental baseline study as the project advances during 2020 - 2021. As announced on June 23, 202...