Announcement Date: 2022-06-27
Announcement Type: PEA
Announcement Code: NI43-101
Company name: Manganese X Energy Corp.
Project name: Battery Hill
Location: Canada
Commodities: Iron,Manganese
Highlight: PEA results incl. post-tax NPV (10%) of US$486M & IRR of 25%
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Montréal, Québec, Canada, May 12, 2022, Manganese X Energy Corp. (TSXV: MN) (FSE:9SC) (OTC: MNXXF) (“Manganese X”, “MN”, or the “Company”) is very pleased to announce positive results from the independent Preliminary Economic Assessment (“PEA”) for its wholly owned Battery Hill project (the “Project”) located near Woodstock, New Brunswick. The PEA was prepared by Wood Canada Ltd. (“Wood”), an independent engineering services group with extensive experience in mining and mineral processing. All dollar values are in US dollars unless otherwise stated. Martin Kepman continues, “The Company has been working diligently on corporate development beyond the PEA and is currently in discussion with a number of interested parties. This is a very exciting time in history for manganese as it
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