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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
Comment by ardtoleon Apr 11, 2017 2:00am
187 Views
Post# 26104837

RE:Dumb question

RE:Dumb question
There are very high capex costs associated with woodstock, to date they have carried out a PEA on the project but they would need some backing to finance a feasability study. A chinese company carried out a due diligence report within the last two years but didnt proceed due to a crash in the chinese economy at that time. I think it was a blessing in disguise to be honest. It has a projected lifespan of 40 years and Im not 100% sure if that includes the hartford north and hartford south deposits, from memory I think only the plymouth deposit was explored but I am open to correction on that.
Bullboard Posts