Manganese X Energy Corp. (TSXV:MN) has received preliminary results from SGS-Lakefield of chemical analyses, mineralogical characterizations and assessments of the company’s Sharpe Farm and Moody Hill occurrences at its manganese property near Houlton-Woodstock, N.B. Based on the initial drill assay results, chemical analyses showed manganese contents of 9.42 and 10.45% Mn in the Red and Grey composites respectively. From the X-ray diffraction and Qemscan (Quantitative Evaluation of Materials by Scanning Electron Microscopy) studies it was determined that the manganese occurs in several mineralogical forms including carbonates and silicates where the concentration across the various manganese-bearing species averaged 23% Mn (grey) and 27% Mn (red) with individual values of up to 45% Mn. In addition to the determination of the mineralogical composition of the samples submitted, PMA or particle map analysis was also carried out which permits measurement of individual mineral grain sizes and liberation characteristics. This information will prove invaluable as the Company moves towards assessing proposals from various research establishments with the goal of upgrading the ore to produce a marketable manganese concentrate.
In addition to a series of outreach proposals to commercial laboratories, the Company has also commenced discussions for a potential collaboration with NRC, the National Research Council Canada, which has expertise in mineral processing within the Energy, Mining and Environment sector and could offer assistance to the Company as it positions itself to be a significant supplier to the North American Li-ion market.
Qualified Persons and QA/QC
Roger Dahn, B.Sc., P.Geo (New Brunswick), Manganese X Energy’s Vice President of Exploration, is designated as the Qualified Person in compliance with National Instrument 43-101 with respect to this release and has reviewed the contents for accuracy.
About Manganese X Energy
Manganese X Energy’s mission is to acquire and advance high potential manganese prospects primarily located in North America as well as potential global acquisitions with the intent of supplying value added materials to the lithium ion battery and other alternative energy industries as well as the steel industry. In addition, our company is striving to achieve new methodologies emanating with environmentally friendly green/zero emissions and producing manganese at a lower competitive cost.
Cautionary Note Regarding Forward-Looking Statements:
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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.