Giyani Metals Corp. [EMM-TSXV, A2DUU8], a company that aims to become a player in the battery metals sector, on Thursday released an updated mineral resource estimate for the K. Hill Project in Botswana. The new estimate is part of the feasibility study for the manganese project,
Giyani is currently focused on the development of its K. Hill, Lobatse & Otse manganese oxide projects in the Kanye Basin of Botswana. The flagship K. Hill project is a near-surface deposit currently winding its way through a feasibility study. The aim is to produce a high-purity electrolytic manganese metal and manganese sulphate, both key ingredients for batteries in the expanding electric vehicle market.
On Thursday, the company said infill drilling has resulted in the conversion of approximately 95% of the current inferred mineral resources for the K.Hill Project to the indicated resource category and a 25% increase in total contained manganese metal.
Indicated mineral resources in the project’s main mineralized zone now stand at 1.6 million tonnes at an average grade of 22% manganese (Mn0), or 400,000 tonnes of contained Mn metal.
Inferred resources, including the newly discovered mineralized horizon known as the B Horizon, are estimated at 1.4 million tonnes at an average grade of 13.9% MnO, or 200,000 tonnes of contained Mn metal.
Total contained Mn metal is estimated to be roughly 1.7 million tonnes of high purity manganese sulphate monohydrate.
Samples from the B Horizon are...
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