05:05:52 EST Sun 08 Feb 2026
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or Name
USA
CA



Manganese X Energy Corp
Symbol MN
Shares Issued 154,593,865
Close 2025-03-11 C$ 0.08
Market Cap C$ 12,367,509
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Manganese X continues with phase 2 ore sorting study

2025-03-12 04:30 ET - News Release

Mr. Martin Kepman reports

MANGANESE X ENERGY CORP. RECEIVES POSITIVE ORE SORTING STUDY RESULTS IN PREPARATION FOR PRE-FEASIBILITY STUDY

Manganese X Energy Corp. has released positive results from ABH Engineering Inc.'s preliminary phase 1 ore sorting study conducted on sample material extracted from the company's Battery Hill manganese deposit near Woodstock, N.B., Canada.

The study was conducted in preparation for the company's prefeasibility study destined to start in the second quarter of 2025. Based on the favourable preliminary results from phase 1, a more extensive phase 2 study is currently under way in concert with the company's Battery Hill PFS.

Chief executive officer Martin Kepman said, "We believe that these results are very promising, and, as a result, we are undertaking more intensive tests in phase 2 so as to prove the economic potential of the sorting technology being used."

Mr. Kepman further explained: "Through the sorting process, the ore is preconcentrated by rejecting waste material from the economically valuable ore prior to further processing. The benefits of effective ore sorting technology can be numerous."

The potential benefits include improved project net present value and internal rate of return, reduced energy and water consumption, expansion of resource by cut-off grade reduction, a potential increase in mine life, an increase in total metal production, a reduction in capital expenditures, and decreased tailings storage and associated risk.

Brent Hilcher, vice-president of mineral processing at ABH Engineering, stated: "The Manganese X results are extremely promising. Two different technologies have been shown to be able to very effectively sort high-grade rocks from waste rocks. In the detailed testing, the work showed the sensor and predictive algorithms make very few mistakes, indicating this will be a sorting application with well above average efficiency."

The initial ore sorting study results demonstrated over 95-per-cent effectiveness in sorting valuable rocks from waste. The test program used a sample set grading 7.7 per cent manganese. The two sorting technologies evaluated produced product grades of 12.9 per cent Mn and 12 per cent Mn with reject grades of 1.4 per cent Mn and 1.2 per cent Mn, respectively.

About Manganese X Energy Corp.

Manganese X's mission is to advance its Battery Hill project into production, thereby becoming the first public actively traded manganese mining company in Canada and the United States to commercialize electric-vehicle-compliant high-purity manganese, potentially supplying the North American supply chain. The company intends on supplying value-added materials to the lithium-ion-battery and other alternative energy industries, as well as striving to achieve new carbon-friendly more efficient methodologies, while processing manganese at a lower competitive cost.

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