Materials technology company ChemX has completed its reverse circulation percussion (RCP) drill program over the northern extent of its Jamieson Tank manganese project in South Australia.

The program comprised 94 RCP drill holes for a total of 6,164 metres, with samples collected predominantly on 1m intervals and submitted to an external laboratory for preparation and analysis.

ChemX Materials (ASX:CMX) CEO Mark Tory said it’s an important milestone for the company, whose aim is to develop an attractive business case for the development of a battery grade manganese project.

“We are looking forward to announcing our maiden mineral resource before the end of the June quarter 2023,” he said.

“The company is also continuing to progress its High Purity Alumina (HPA) test work with recent visits from state and federal politicians and potential investors demonstrating the high level of interest in the HPA product.”

MRE by June Quarter

The purpose of the drill program was to test the exploration target – which ranged from 21 to 35M tonnes grading 7.5 to 10.1% Mn – and establish a robust geological control of the manganese mineralisation.

Following an initial scope of work, CSA Global will complete the maiden JORC Resource for the Jamieson Tank Project by the end of the June quarter 2023.

Analysis is currently being undertaken of downhole geophysics from more than half of the drill holes – which is expected to support geological interpretation and resource modelling to underpin the reporting of a maiden mineral resource estimate.

The remaining holes will have the downhole geophysics completed in the next couple of weeks for analysis.

Manganese Opportunities

Manganese rich batteries are increasingly becoming a critical part of the future of battery chemistries. Leading cathode producers are seeing the benefits of Manganese-rich batteries, such as lithium iron phosphate (LFP). These chemistries are able to offer longer driving ranges, equivalent safety, more reliable charging and better recyclability.

ChemX Materials, in house chemical engineering and metallurgical team is well placed to take advantage of the opportunities presented by the move to high Manganese content battery chemistries.

 

 

 

This article was developed in collaboration with ChemX Materials Limited, 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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