Battery Hill Manganese Deposit Advancing Towards Pre-Feasibility Stage with Completion of Drill Program
Battery Hill Manganese Deposit Advancing Towards Pre-Feasibility
Stage with Completion of Drill Program
Montreal, Quebec, Canada, March 29, 2023 - Manganese X Energy Corp. (TSXV:MN) (FSE:
9SC2) (OTC: MNXXF) (“Manganese X” or the “Company ”) is pleased to announce initial
results from its recently completed pre-feasibility diamond drilling program at the Company’s
100% owned Battery Hill project located near Woodstock, New Brunswick, Canada. The program
consisted of infill and expansion drill ing designed to upgrade existing inferred resources to the
measured and indicated categories in support of the project’s upcoming Pre-Feasibility Study
(PFS).
Assays have been received from 10 holes of the 35 hole program, drilled on the Moody Hill and
Sharpe Farm sectors of the Battery Hill deposit. See Figure 1 for a plan map with all drilling on
the Moody Hill and Sharpe Farm sectors of the Battery Hill claims. Once all results have been
received, an updated National Instrument 43-101 compliant mineral resource estimate will be
completed.
Key Highlights (See Full Results in Table 1)
• 84 m of 12.8% MnO starting at surface, including 78 m of 13% MnO, in SF22-66
• 75.4 m of 11.2% MnO starting at 8 m, including 71.4 m of 11.4% MnO, in SF22-65
• 57.8 m of 14.6% MnO starting from 4.2 m, including 31.8 m of 19% MnO, in SF22-63
• 56.5 m of 12.28% MnO starting at 5.5 m, including 40.8 m of 15.7% MnO, in SF22-64
• 26 m of 13.3%MnO starting at 69 m in hole SF22-59
• 20 m of 14.7% MnO starting at 92 m in hole SF22-60
Manganese X CEO Martin Kepman commented, “We are very pleased with the progress made
on our Battery Hill prefeasibility drilling program, having just completed 35 infill drill holes
measuring 4,690 meters, especially given the harsh winter conditions. Today we are reporting on
our first 10 drill holes and are very satisfied with the strong results. The remainder of the infill drill
holes are currently at the laboratory for analysis.”
He continued, “It’s important to note that t he PFS is key to the decision making and forward
planning of the mine permitting process, as well as the de-risking and advancement of our Battery
Hill project. A major part of preparing for the PFS is our current drill progra m, as well as the
environmental, community and geotechnical studies, which will commence in the spring.”
Pilot Plant Project Update
Manganese X CEO Martin Kepman also stated, “In addition, our pilot plant project at Kemetco
Research Inc. located in Richmond, BC, is proceeding well. We anticipate that we will be able to
send out high purity EV compliant manganese sulfate monohydrate products to interested parties
from the EV battery sector in the coming weeks to initiate the validation process. More information
to follow.”
The Company is methodically fulfilling its mission to become the first publicly traded mining
company in Canada and the United States to commercialize high-purity electric-vehicle compliant
manganese.
Table 1: Full Results
Battery Hill 2022-23 Selected Drill Hole Intercepts
Moody West Zone
SF22-58 29 metres of 8.16% MnO starting at 64 metres
SF22-68 24 metres of 10.9% MnO starting at 71 metres
Moody Central Zone
SF22-59 26 metres of 13.3% MnO starting at 65 metres
SF22-60 20 metres of 14.7% MnO starting at 93 metres
SF22-60 14 metres of 11.9% MnO starting at 127 metres
SF22-61 28 metres of 8.9% MnO starting at 44.5 metres
SF22-63 57.8 metres of 14.6% MnO starting at 4.2 metres
SF22-64 56.5 metres of 12.3% MnO starting at 5.5 metres
SF22-65 75.4 metres of 11.2% MnO, including 45.4 metres of 13.2% MnO, starting at 8 metres
SF22-66 84 metres of 12.8% MnO, including 78 metres of 13% MnO, starting at surface
Moody East Zone
SF22-62 22 metres of 8.8% MnO starting at 6.5 metres
SF22-67 69 metres of 9.3% MnO starting at 29 metres including 18 metres of 10.4% MnO
Holes SF22-63 to 65 were vertical holes, drilled at a low angle to the strata, and provided material
for testing in the ongoing Pilot Plant testing at Kemetco Research, in Richmond, BC. Holes SF22-
59 to 62, and SF22 -67, were drilled at 45 degrees and have an estimated true thickness of 80-
85% of reported values.
Standard protocols and industry standard practices were employed in logging and sampling the
core. QA/QC practices included insertion of Certified Standards, blanks and duplicates, each
consisting of 5% of the total samples. Check assays of 5% of the sampl es are being sent to a
second laboratory. Samples averaged 2 metres in width. All initial half-core samples were taken
by Company personnel to the Actlabs prep lab in Fredericton, New Brunswick , where they were
prepped and the pulps forwarded to Actlabs in Ancaster, Ontario, where XRF-Fusion Whole Rock
Analysis (Code 4C) was performed. Actlabs is an accredited analysis laboratory.
This news release has been reviewed and approved by Perry MacKinnon, P. Geo., Vice President
of Exploration of Manganese X and a “Qualified Person” under National Instrument 43 -101
guidelines with regard to Standards for Disclosure for Mineral Projects.
Figure 1: Battery Hill Drill Plan Map
About Manganese X Energy Corp.
Manganese X's mission is to advance its Battery Hill project into production, with the intent of
supplying value-added materials to the lithium-ion battery and other alternative energy industries.
The Company is also striving to achieve new carbon-friendly more efficient methodologies, while
processing manganese at a lower competitive cost. The Company is the only public actively
traded manganese company in Canada and the US striving forward toward commercialization of
a manganese deposit, as well as potentially becoming a North American supply chain supplier.
Subsidiary Disruptive Battery Corp.'s mission is to develop an HVAC (heating, ventilation and air
conditioning) air purification delivery system for cleaner and healthier air, aiming to mitigate
COVID-19 and other contaminants on surfaces and in the air. 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: [email protected]
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 Information:
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, among other
things, the Company’s exploration plans, assay analysis and results therefrom, and the upcoming
Pre-Feasibility Study. Forward -looking statements ar e frequently, but not always, identified by
words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”,
and similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, or
“should” occur or be achieved. 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,
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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
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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.