Announcement Date: 2022-05-10
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Canadian Manganese Company Inc.
Project name: Woodstock
Location: Canada
Commodities: Iron,Manganese
Highlight: Drilling results incl. 110.15m @ 9.15% Mn, 12.16% Fe from 8.85m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto, May 10, 2022 – Canadian Manganese Company Inc. (“CDMN” or the “Company”) (NEO: CDMN) is pleased to report the completion of the previously announced diamond drilling program (see December 7, 2021 news release) at its wholly owned Plymouth manganese-iron deposit (Plymouth Deposit) (the “Woodstock Project”) in New Brunswick. The primary purpose of this program was to expand the existing geological database in support of an updated mineral resource estimate with the objective to upgrade much of the current Inferred mineral resource estimate to the Measured and Indicated categories. The initially proposed program was significantly expanded owing to further define resource expansion opportunities identified in the initial phase of the 2022 program. In total, the program was comprised of 25 drill holes (7,098m) with 1,820 core samples were collected for analysis. ALS Global (“ALS”) provided sample preparation and analytical services for the program. To date, the Company has received results for drillholes PL-21-029, 030 and 031 (Figure 1). Highlights from these initial drill holes are summarized below
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