ChemX continues to pile on the manganese hits ahead of a June maiden resource estimate for its Jamieson Tank project in South Australia.

Assays from a further 30 holes in the 94-hole program included top hits of 6m grading 18% manganese from a down-hole depth of just 15m (JTRC270), 6m at 18.3% manganese from 75m (JTRC256), and 4m at 20.2% manganese from 69m (JTRC265).

The latest results follow-on from the significant manganese hits such as 6m at 18.5% manganese from 9m and 18m at 10.1% manganese from 10m from the first batch of 39 holes.

ChemX Materials (ASX:CMX) noted that assays from the remaining 25 drill holes are pending.

“These second-round results complement the higher grades returned from our first results from the recently completed drilling campaign,” chief executive officer Mark Tory said.

“The results will integrate to the maiden Mineral Resource estimation, which will be used to support the potential to achieve a beneficiation plant feed of manganese, ultimately destined for the global battery grade manganese market.

“Noting these results include higher manganese grades commensurate to the first round of assay results and at depths extending beneath the previous drilling extent of mineralisation.”

Jamieson Tank project

Initial testwork completed on ore sourced from the Jamieson Tank project in South Australia’s Eyre Peninsula had indicated the ore is highly amenable to upgrading via beneficiation and conversion into high purity manganese – a battery grade product.

The project is surrounded by the necessary infrastructure, services and people necessary for a successful project. These include a number of renewable energy sources, rail lines, ports and roads.

ChemX also has the opportunity to uncover further resources as Jamieson Tank is just one of five prospects within the greater project area.

 

 

 

This article was developed in collaboration with ChemX Materials, a Stockhead advertiser at the time of publishing.

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

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