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Buchans Files Technical Report for Plymouth Manganese Project
May. 23, 2013 10:45AM PST
Battery MetalsBuchans Minerals Corporation (TSXV:BMC) has filed its Mineral Resource Estimate Technical Report for the Plymouth manganese-iron deposit in New Brunswick on SEDAR.
Buchans Minerals Corporation (TSXV:BMC) has filed its Mineral Resource Estimate Technical Report for the Plymouth manganese-iron deposit in New Brunswick on SEDAR.
According to the press release:
Minco has the right to earn up to 50% interest in CMC, a wholly-owned subsidiary of Buchans Minerals that owns 100% of the Woodstock manganese property. Minco has committed to earning a 10% interest in CMC by making phase one expenditures of $1.250 million to fund drilling and resource estimation of an Inferred resource at the Plymouth deposit as well as complete additional hydrometallurgical test work on the deposit to optimize the flowsheet to produce high-grade electrolytic manganese metal (“EMM”).
Click here to view the full press release.
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