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Manganese X Energy Corp V.MN

Alternate Symbol(s):  MNXXF

Manganese X Energy Corp. is a Canada-based mining company. The Company is engaged in acquiring and advancing mining prospects located in North America with a focus on supplying value-added materials to the lithium-ion battery and other alternative energy industries. Its segments include the acquisition and exploration of mineral property interests in Canada, and technology development through its subsidiary Disruptive Battery Corp. (DBC), which includes a heating, ventilation and air conditioning (HVAC) system to respond to air quality needs. The Company’s principal project is its Battery Hill manganese property located in the Canadian province of New Brunswick. The property consists of about 55 claims covering 1,228 hectares (ha) about five kilometers (km) northwest of the town of Woodstock in Carlton County, southwestern New Brunswick. Its Peter Lake Property consists of 44 mining titles totaling approximately 2568 hectares located in the Central Grenville Province, Quebec.


TSXV:MN - Post by User

Bullboard Posts
Post by waterboy100on Mar 01, 2011 9:51pm
317 Views
Post# 18216502

Found this while doing some DD

Found this while doing some DDlooking better and better the more I find. Looking forward to the results like christmas morning !!

Founded in 2009 by both Lorne Woods and Marc Blais, who together, have 35 years experience in managing and financing public mining companies. They have access to an international network of private investors, brokers, portfolio managers and institutional funds.
Sunset Cove has built a Canadian technical team comprised of an in-­house mining engineer and a mining geologist, with 70 years experience between them. Not many junior exploration companies can make that claim. In addition, they have access to an established network that has knowledge of poduction mining and exploration opportunities in Peru. Sunset Cove is headquartered in Canada with a local, dynamic and experienced team in Lima, Peru.

Creating Value in Partnerships:

In the 21st century Sunset Cove sees a new way to do business, i.e., as a partner! Using the approach of “Fare
Trade,” Sunset Cove wil work with its Peruvian partners to improve itself as well as its stakeholders. This also means following a well-established internal Corrporate Social Reasonability code on all work undertaken by the company and its partners.
Sunset Cove examines all types of mining projects and deals to increase the value of the assets of Sunset Cove and its partners. Management will apply its experience to build a Peruvian mining portfolio in precious metals and copper. Most importantly, we take a personal approach when dealing with all our stakeholders.

Why Peru:

An important geological potential (the 3rd ranked country worldwide for gold, silver, copper and zinc reserves);
One of the friendliest mining jurisdictions (Standard & Poor’s gave Peru the Investment Grade title in 2008);
One of the world economies with the fastest economic growth (GDP has grown by an average of 6% from 2002 to 2009);
An important producer (ranked first in silver, second in copper and the fifth in gold production worldwide);
Effective investor protection (32 international investment agreements signed with many countries including Canada);
Ranked 5th in terms of investment in mining exploration in 2008;
Home to most of the worrld’s major mining companies.


Contacts

Investors relations

Sylvain Laberge
Communications Financières S.D.N.L.Financial Communications
(514) 380-5610
slaberge@sdnlfinancial.com

Please send me Sunset Cove Mining News Alert.
Company's Focus

Current Portfolio:Carolay Polymetallic Property: Its main attraction is the Cesar Zone which looks like a dessiminated mineralized zone. Samples showed 0.7%; 0.8% and 0.9% CU. There is also the Carolay Vein where samples taken for the NI43-101 technical Report demonstrate an economical grade (269 g/t Ag) plus 0.82 %Pb, 0.87%Zn and 0.31%Cu. The Technical Report assigns an in situ value of USD$ 180 per tonne in the ground. An agreement to purchase 90% of the property for USD$800,000 over 4 years has been signed. Carolay is located 320 km East of Trujillo at an altitude of 3,200 MASL. The property includes 7 mining rights totaling 2,747 hectares. There is sufficient water supply within a few hundred meters; and it is close to electric power–less than 10 km from the national grid. Carolay Objectives: 2010–Surface exploration work 2011/2012–Drilling and underground exploration to confirm the potential of both targets. Azulcunca Property -an 800 Ha. copper&numéro 8208;gold porphyry adjacent to Hochschild Mining. An option agreement for the purchase of 100% of the property is in progress – estimated to be up to USD$ 2 million payable over five years. Turmalina Property -A past Peruvian copper mine that produced over 13.35M Kg of Cu (grading 2.41%) and 1.5M Kg of Mo. The ore body is open at depth. An option agreement to acquire 100% of the property is in progress – estimated to be up to USD$ 2.5 million over five years.


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