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Home / Manganese / ChemX releases additional manganese assays

ChemX Materials

  • ASX: CMX
    • Manganese

ChemX releases additional manganese assays

  • 27 April

ChemX Materials, an Australian-based high purity critical materials business, has released the second stage assay result from its Jamieson Tank Manganese drilling campaign on the Eyre Peninsula in South Australia, showing further significant manganese assays.

The Company’s 2023 manganese exploration campaign, designed to estimate a maiden Mineral Resource, has produced strong results from the first and second batch of assays.

The manganese grades achieved in the most recent assays (including 6m thickness) at 18.0%Mn from 15m are highly encouraging and based on previous metallurgical testwork (ASX 11 May 2022) indicate the ore is highly amenable to upgrade via beneficiation and conversion to a High Purity Manganese (HPM), battery grade product. The Company has received assays from 69 of the 94 holes completed.

These second round of assay results reveal significant manganese intercepts near surface and extending to depth.

CEO Mark Tory commented: “These second-round results complement the higher grades returned from our first results from the recently completed drilling campaign. 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. The final assay results from the remaining 25 holes are pending and will be released to the market once received by the Company.”

 

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Peter Kermode

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