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    GreenLight Acquires Manganese Property

    Investing News Network
    Sep. 29, 2011 09:18AM PST
    Company News

    GreenLight Resources (CVE:GR) announced that it has acquired by staking, the Tomahawk Manganese property located 22 kilometres west of the village of Sunny Corners, New Brunswick.

    GreenLight Resources (TSXV:GR) announced that it has acquired by staking, the Tomahawk Manganese property located 22 kilometres west of the village of Sunny Corners, New Brunswick.

    The press release is quoted as saying:

    The manganese (Mn) prospect at Tomahawk Ridge was discovered by Bev Stewart in 1976. He subsequently staked claims to cover the showing and optioned the ground to Heath Steele Mines. They carried out a program of surface channel sampling and mineral separation work in order to determine the manganese potential of property. The property was subsequently acquired by Noranda in 1979 for its base metal potential but no further exploration was conducted on the property.

    Manganese is essential to iron and steel production by virtue of its sulfur-fixing, deoxidizing, and alloying properties. Steelmaking, including its iron-making component, accounts for most domestic manganese demand, presently in the range of 85% to 90% of the total. Manganese ferroalloys, consisting of various grades of ferromanganese and silicomanganese, are used to provide most of this key ingredient to steelmaking. Products for construction, machinery, and transportation are leading end uses of manganese. Manganese also is a key component of certain widely used aluminum alloys and, in oxide form, dry cell batteries.

    Click here to access the entire news release. 

    Click here to access GreenLight’s company profile.(TSXV:GR) 

    manganese demanduses of manganesetsxv:grnew brunswick
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