Overview

Giyani Metals (TSXV:EMM) is focused on the development of its three manganese projects in the Kanye Basin of Botswana, Africa. The company’s flagship K.Hill project is a near-surface deposit currently going through a feasibility study to produce, on-site, both high-purity electrolytic manganese metal and manganese sulfate, key cathode ingredients for batteries in the expanding electric vehicle (EV) market.

CEO Robin Birchall said via telephone, “We’re going to be one of the lowest-cost, lowest-carbon footprint and lowest-CAPEX manganese producers supplying the rapidly expanding battery electric vehicle market.”

Company Highlights

• Manganese oxide deposit in a supportive mining investment jurisdiction
• Robust project economics: 82 percent IRR and C$389M NPV
• Low project CAPEX of C$155M
• Feasibility Study due H1 2021
• Resource upside potential at K.Hill, as well as at the two nearby projects, Otse & Lobatse
• Well-positioned to leverage the growth in the battery electric vehicle market
• Experienced management and board with a track record of successful project delivery
• Giyani Metals released an updated Mineral Resource Estimate for the K.Hill Project indicating a 31 percent increase in Indicated Resources to 2.1 million tonnes at an average grade of 19.3 percent manganese oxide.