Manganese X Expedites Drill Program with Additional Drill and Commences Environmental Baseline Study
Manganese X Expedites Drill Program with
Additional Drill and Commences
Environmental Baseline Study
Montreal, Quebec--(Newsfile Corp. - October 20, 2020) -
Manganese X Energy Corp. (TSXV: MN)
(FSE: 9SC2) (OTC Pink: MNXXF ) ("Manganese"
or the
"Company")
is pleased to announce that
an additional drill rig is now on site and fully operational. This will expedite our drilling program and
shorten the timeline for final assay results.
Martin Kepman, CEO of Manganese X Energy stated, "We are happy to be working with GHD on
initiating our phase 1 environmental work program at Battery Hill. We continue to be forward-looking with
respect to the advancement and de-risking of the Battery Hill project as we progress towards a
Preliminary Economic Assessment (PEA). We are accelerating our drilling agenda to take advantage of
the higher profile on manganese for EV battery usage. At Tesla's Battery Day in September, Musk said
Tesla's next generation EV batteries will contain 1/3 manganese. Being close to the US border gives our
manganese property a strategic advantage as Tesla has stated unequivocally their intent to source
energy metals from the North American chain."
The company is drilling approximated 25 holes totaling at least 3,400 meters. The intent of the drill
program is to significantly expand and upgrade our current classification of mineralization to inferred or
higher resource status. The program is focusing on near surface, higher grade areas of the deposit such
as the Moody Hill zones. To date, 6 holes have been completed with 2 holes in progress with
approximately 1000 metres drilled.
The Company is also pleased to announce that GHD has been engaged to conduct environmental
baseline work beginning by early November 2020. Focus will be on compiling an environmental baseline
database for the Property including assembly of relevant legislation and environmental data from public
and private databases. This initial environmental baseline work will assist in identifying the possible
presence of any sensitive flora and fauna, as well as establishing any pre-existing conditions against
which changes can be monitored. The environmental baseline will consist of: (i) documentation of
existing environmental conditions on the Property, (ii) collection of surface water and watercourse
sediments samples on or in close proximity to the Property, as well as (iii) GHD will issue database
search requests to the Atlantic Canada Conservation Data Centre for sighting records of rare and
endangered flora and fauna within 5 kilometres of the Property and environmentally applicable
Geographic Information System (GIS) mapping layers of the Property area from the New Brunswick
Department of Natural Resources. Further environmental, archaeological, social and community related
work will continue under phase 2 programs as the Battery Hill project advances.
About GHD
GHD is one of the world's leading professional services companies operating in the global markets of
water, energy and resources, environment, property and buildings, and transportation. GHD provides
engineering, architecture, environmental and construction services to private and public sector clients.
GHD's Fredericton, New Brunswick based office is conveniently located within 120 kilometers of the
Battery Hill project area.
For more information, please visit:
www.ghd.com
.
About Manganese X Energy Corp.
Manganese's X mission is to acquire and advance high potential manganese mining prospects
located in North America with the intent of supplying value added materials to the lithium ion battery
and other alternative energy industries. In addition, our company is striving to achieve new
methodologies emanating from environmentally
and
geographically ethical and friendly green/zero
emissions technologies, while processing manganese at a lower competitive cost. 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:
Tel: 1-514-802-1814
Cautionary Note Regarding Forward-Looking Statements:
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.
This news release contains "forward-looking information" including statements with respect to the
future exploration performance of the Company. This forward-looking information involves known and
unknown risks, uncertainties and other factors which may cause the actual results, performance or
achievements of the Company to be materially different from any future results, performance or
achievements of the Company, expressed or implied by such forward-looking statements. These
risks, as well as others, are disclosed within the Company's filing on SEDAR, which investors are
encouraged to review prior to any transaction involving the securities of the Company. Forward-
looking information contained herein is provided as of the date of this news release and the Company
disclaims any obligation, other than as required by law, to update any forward-looking information for
any reason. There can be no assurance that forward-looking information will prove to be accurate and
the reader is cautioned not to place undue reliance on such forward-looking information.
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