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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. It operates through two segments: 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. Its Battery Hill manganese property is 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 Mont-Laurier Terrane, in the Central Grenville Province, Quebec.


TSXV:MN - Post by User

Comment by watchmeplzon Nov 20, 2020 1:29pm
186 Views
Post# 31941789

RE:reply from VP Roger Dhan on drilling today

RE:reply from VP Roger Dhan on drilling todayAwesome, no drill results until the new year doing a "strategic" financing with a unnamed partner who comes from a hvac industry that in a magnese company no one should even care about. But you know, give away cheap shares, destroy your market cap by having this holy asset, what a stand out, super solid play, management. 


mingzhu wrote:

Our Oct 20th News Release mentioned that we’d be drilling at least 3,400 meters. Recently we made a decision to expand the drill program to increase the amount of mineralization to Indicated Resource status vs Inferred. We will likely end-up drilling closer to 4,500 meters. Drilling should be completed by 1st week of Dec. All is going well on site.

With respect to assay lab turn-a-round time, the labs are extremely busy due to the exploration activity in Canada this fall. A 3-4 week return as you mentioned would be nice but that is not the case. The COVID situation may also be playing into the delay in sample results I guess.

Hope this answers your concerns.

Regards,

Roger Dahn

VP-Exploration



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