Element 25 confirms manganese continuity at Butcherbird

Proactive - Interviews for investors

Element 25 Ltd (ASX:E25, OTCQX:ELMTF) managing director Justin Brown joins Proactive’s Tylah Tully to discuss the completion of resource infill drilling at its 100%-owned Butcherbird Manganese Project in the Pilbara region of Western Australia. The campaign has successfully confirmed the continuity of mineralisation, boding well for future exploration and potential resource growth. E25 completed 216 percussion drill holes totalling 6,203 metres with 5,513 samples submitted for analysis. The results are consistent with the geological model and confirm mineralisation within existing Butcherbird resources, which are designated for the planned expansion of mining operations. The aim of this drilling program was to gather sufficient data to support a re-evaluation of mineral resources and reserves, which will underpin the expansion of Butcherbird’s manganese concentrate production to approximately 1.1 million tonnes per annum. The Butcherbird Project hosts a global mineral resource exceeding 260 million tonnes of manganese ore. An updated mineral resource and ore reserve estimate is expected by the end of September 2024. Element 25 has engaged IHC Robbins to undertake the resource upgrade, which is anticipated to improve the classification of resources from inferred to measured and indicated, thereby supporting the planned production increase. #Proactiveinvestors #Element25 #ASX #ButcherbirdProject, #ManganeseMining, #ResourceUpgrade, #MineralExploration, #PilbaraRegion, #MiningNews, #MineralResources, #MiningOperations, #ResourceEstimate, #InfillDrilling, #GeologicalSurvey, #MiningExpansion, #ManganeseOre, #NewEnergyMarkets, #MiningIndustry, #MetalsAndMining, #AustralianMining, #MineralDevelopment, #MiningInvestment #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews