Manganese X Energy Corp. [MN-TSXV; SNCGF-OTC; 9SC2-FSE; SSM-Lima] reports that Mercator Geological Services Ltd. posted a mineral resource estimate (MRE) for the Battery Hill manganese project in New Brunswick on SEDAR. This detailed, 133-page Technical Report summarizes all exploration work on the property including historical and recent diamond drilling by Manganese X that forms the basis of the MRE and makes recommendations for further exploration and development work.
Manganese X retained Mercator to complete the MRE for the Project to document the resource in accordance with the CIM Definition Standards for Mineral Resources and Reserves and NI 43-101. The purpose of this Technical Report is to provide technical disclosure in support of the Company’s first MRE for the Battery Hill Project.
The Battery Hill Project includes Mineral Claim 5816, which consists of 55 mineral claim units (1,228 hectares) located near Woodstock and Mineral Claim 5745, consisting of 8 mineral claim units (179 hectares) located 10 km to the southwest. Both properties are 100%-owned by Manganese X.
Perry Mackinnon, VP of Exploration, said, “The completion of the Technical Report and Mineral Resource Estimate for our Battery Hill property confirming a significant Mineral Resource is a major step in the development of this deposit and is highly supportive of our confidence in this project. The MRE will serve well as a key component of our Preliminary Economic Assessment, and we look forward to...
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