
April 26, 2023
ChemX Materials Ltd (ASX: CMX) (ChemX or Company), an Australian-based high purity critical materials business, is pleased to announce the second stage assay result from the 2023 Jamieson Tank Manganese drilling campaign on the Eyre Peninsula in South Australia.
- Additional drill hole results from 30 holes, for a total of 69 of 94 holes received on Jamieson Tank drill campaign of 6,164 metres completed
- Significant manganese intercepts near surface and at depth
- Maiden Mineral Resource estimate planned by June 2023
Figure 1: RCP drill rig on location at Jamieson Tank in South Australia
The 2023 manganese exploration campaign designed to estimate a maiden Mineral Resource provides further significant assay results from the second batch of assays received by the Company.
The manganese grades achieved (including 6m thickness) at 18.0%Mn from 15m are highly encouraging and based on previous metallurgical testwork (ASX 11 May 2022) indicate the ore is highly amenable to upgrade via beneficiation and conversion to a High Purity Manganese (HPM), battery grade product.
These second round of assay results reveal significant manganese intercepts near surface and extending to depth, as displayed in table A and illustrated in Figure 2. Full drill hole assays displayed in Appendix 3.
Click here for the full ASX Release
This article includes content from ChemX Materials, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
CMX:AU
The Conversation (0)
28 November 2024
Agreement with Vytas Ltd for High Purity Assay Services
Latest News
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00