ChemX starts manganese resource definition drilling at Jamieson Tank
ChemX has kicked off reverse circulation drill program to define a maiden resource for its Jamieson Tank manganese project in South Australia.
The materials technology company says the +5,000m drill program will infill the drill spacing over the northernmost 2km strike of Jamieson Tank and expects to take eight weeks to complete the work
ChemX Materials’ (ASX:CMX) is also continuing advanced metallurgical test work to produce battery grade manganese sulphate, while actively engaging with potential customers with a view to meeting battery grade product specifications and securing early project participation from suitable downstream high-purity partners.
“The company is rapidly moving forward with its plans to become a key producer of battery grade manganese to take advantage of the opportunities created by the global energy transition,” managing director Stephen Strubel said.
“A successful exploration program would help underpin a potential future HPMSM production plant in South Australia given the prospectivity of the Eyre Peninsula for manganese and its importance to the global energy transition.”
The company is prioritising manganese exploration over kaolin to become a supplier of battery grade manganese to the North American and European Electric Vehicle markets due to the US Inflation Reduction act.
Its drill program will infill the drill spacing at the northernmost 2km strike of Jamieson Tank to about 100m by 50m while downhole geophysics will be employed to derive an in-situ density and support the mineral resource estimate.
Geophysics will also be used to complement the geological interpretation of the project and improve the geological continuity which was identified as a risk in the Exploration Target of between 21Mt and 35Mt at grades of 7.5% to 10.1% manganese.
Additionally, ChemX has identified further manganese prospects at Bunora West, Hodgins, Windyzell, Francis and Polinga.
These have not been adequately explored and offer future discovery potential and feed options for the proposed future High Purity Manganese Sulphate Production (HPMSM) plant.
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.