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Element 25 Ltd.

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Summary

Project:

Butcherbird

Deposit:Butcherbird
Location:Australia
Commodities:Manganese
Date:5/19/2020
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:19-5-2020: Element 25 Ltd. announces a Resource Estimation report for its Butcherbird deposit at the Butcherbird project. Initial Reserve Estimate for Project. This maiden Ore Reserve statement relates to the Yanneri Ridge Manganese Deposit at Element 25
Resources:(Reserves, P+P): 50.6Mt @ 10.3% Mn (5.22Mt Mn)
CP/QP:[Reserve]: Ian Huitson (Mining Solutions Pty Ltd.)
ABSTRACT:This maiden Ore Reserve statement relates to the Yanneri Ridge Manganese Deposit at Element 25 Limited’s (ASX:E25) (E25 or Company) 100% owned Butcherbird Manganese Project (Project) located in Western Australia. The Project contains current JORC resources in excess of 260Mt of manganese ore1 . The Project comprises eight known manganese mineral resources located in an area of approximately 600km2 in the southern Pilbara region of Western Australia, approximately 1,050km North of Perth and 130km South of Newman. Access is directly via the Great Northern Highway which traverses the Project. The Company has held exploration tenure in the area since 2009 and has advanced the Project via a series of exploration programs from early stage rock-chip sampling and regional mapping through to multiple drilling programs and ultimately resource infill drilling. Several Mineral Resource estimates have been completed since work commenced. Refer to the Resource Estimate Section for details.

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