Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (OTC Pink: SNCGF) (the “Company”) is pleased to announce assay results from the recently completed diamond drill program at its Houlton Woodstock manganese property located in Carleton County, 5 km NW of Woodstock, New Brunswick. The drilling program consisted of 16 holes totalling 3,589 meters, and was designed as an initial evaluation of three historic manganese occurrences on the property (Iron Ore Hill, Sharpe Farm and Moody Hill). In addition, the drill program provides core samples for metallurgical testing, planned for 2017.
Five holes totalling 1,051 m were completed in the Iron Ore Hill sector of the property and eleven holes totalling 2,538 m in the Sharpe Farm – Moody Hill sector. Drilling was completed over a 1.8 km strike length of the prospective manganese occurrence trend. During the drill program, emphasis was placed on the Sharpe Farm – Moody Hill sector, henceforth called the Battery Hill Deposit by the Company.
Conclusion from the Battery Hill Deposit Drill Program:
The initial drill program, consisting of wide spaced drill holes, has confirmed significant widths of near surface manganese mineralization over a strike length of approximately 1.5 km.
Intersection widths of up to 87.7 m (287.7 ft) and MnO grades of up to 21.5% were encountered as shown on the table below.
Mineralization remains open to depth and along strike.
Based on the current drill results, the mineralization shows good continuity and has been intersected from surface to vertical depths of 115 meters. The Company is exploring the property with the objective of potential future development through low cost open pit mining.
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