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Manganese X Energy Corp.
Summary
| Project: | Battery Hill | |
|---|---|---|
| Deposit: | Sharpe Farm, Moody Hill | |
| Location: | Canada | |
| Commodities: | Manganese-Iron | |
| Date: | 2/14/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-2-2017: Manganese X Energy Corp. announces an Exploration/Drilling Update report for its Sharpe Farm, Moody Hill deposit at the Battery Hill project. Drilling results incl. 85.50m @ 11.47% MnO, 19.31% Fe2O3 from 74.50m. MONTREAL, QC: Manganese X Energy | |
| Resources: | (historical estimates only) | |
| CP/QP: | [Overall Report]: Roger Dahn (Internal) | |
| ABSTRACT: | MONTREAL, QC: Manganese X Energy Corp. (TSX‐V: MN) (FSE: 9SC2) (OTC PINK: SNCGF) (the "Company") is pleased to announce assay results from the recently completed diamond drill program at its Houlton Woodstock manganese property located in Carleton County, 5 km NW of Woodstock, New Brunswick. The drilling program consisted of 16 holes totaling 3,589 meters, and was designed as an initial evaluation of three historic manganese occurrences on the property (Iron Ore Hill, Sharpe Farm and Moody Hill). In addition, the drill program provides core samples for metallurgical testing, planned for 2017. Five holes totaling 1,051 m were completed in the Iron Ore Hill sector of the property and eleven holes totalling 2,538 m in the Sharpe Farm – Moody Hill sector. Drilling was completed over a 1.8 km strike length of the prospective manganese occurrence trend. During the drill program, emphasis was placed on the Sharpe Farm – Moody Hill sector, henceforth called the Battery Hill Deposit by the Company. Based on the current drill results, the mineralization shows good continuity and has been intersected from surface to vertical depths of 115 meters. The Company is exploring the property with the objective of potential future development through low cost open pit mining. Martin Kepman, CEO and Director of Manganese X Energy stated, “We are very encouraged by the results of our initial drill program on the property, which confirmed significant thicknesses of manganese mineralization. The continuity, grade and near surface nature of the mineralization are all very positive, We are currently planning another diamond drilling program to better define the Battery Hill deposit and preliminary metallurgical testwork to assess processing options”. | |
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