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[Ferro-Alloys.com] Manganese X Energy Corp. Reports Final Battery Hill Deposit Drill Results In Advance of Pre-Feasibility Study

Manganese X Energy Corp. is pleased to announce the final results of its recently completed Battery Hill pre-feasibility manganese diamond drilling program, marking a key milestone before commencing its Pre-Feasibility Study ("PFS").

Manganese X CEO Martin Kepman said, "The Pre-Feasibility Study is a strategic step in advancing mine permitting, de-risking the project, and guiding forward planning. Our latest drill program, along with upcoming community engagement and environmental and geotechnical studies, plays a key role in this process."

He added, "Given Canada's recent focus on sourcing its own critical minerals, such as manganese, the Battery Hill project is on track to accomplish this and, therefore, is positioned to play a crucial role in the North American supply chain."

Assays from 12 drill holes totaling 1,393 metres have been received, bringing total drilling at the Company's 100%-owned Battery Hill project near Woodstock, New Brunswick, to 104 drill holes totaling approximately 17,000 metres since 2016.

The program focused on infill and expansion drilling to upgrade inferred resources to measured and indicated categories, supporting the upcoming PFS. Significant resource increases are anticipated, driven by the newly discovered Moody Northwest Zone and the extended Sharpe Farm Zone, which returned mineralization up to 72.6 metres (238 ft) in core thickness.

A new National Instrument ("NI 43-101") compliant mineral resource estimate by Mercator Geosciences is underway. Figure 1 presents a drill plan map illustrating the 12 Fall 2024 drill sites at the Moody Hill and Sharpe Farm sectors, along with the previous 92 test holes.

The Company's Vice President of Exploration, Perry MacKinnon, stated, "Drilling has now defined the Battery Hill orebody with high confidence, with most resources classified as measured and indicated - an essential step for future conversion to proven and probable reserves during economic evaluation."

Drilling Results

Assays have been received from all 12 drill holes spanning 1,393 metres in the Moody Hill and Sharpe Farm sectors. The results confirm strong mineralization in key areas:

Key Highlights (See Full Results in Table 1)

• SF24-96: 12.5m @ 13.62% MnO from 41.5m and 13.3m @ 14.9% MnO
• SF24-98: 72.6m @ 11.29% MnO from 11m, including 42.1m @ 13.3% MnO
• SF24-99: 32m @ 15.7% MnO from 5m
• SF24-101: 16m @ 13% MnO from 8m, and 51.5m @ 12.57% MnO from 136m
• SF24-102: 24.2m @ 9.3% MnO from 6.8m, 16.8m @ 10.89% MnO from 53.4m, and 35.6m @ 14.6% MnO from 87.2m
• SF24-103: 32m @ 11.6% MnO from 27m
• SF24-105: 20.2m @ 11.2% MnO from 81m

Manganese X remains committed to becoming the first publicly traded mining company in Canada and the U.S. to commercialize high-purity, EV-compliant manganese.

 All drill holes were inclined at -45 degrees, with true thickness estimated at 65-80% of the reported core length.

Core logging and sampling followed industry-standard protocols, including a QA/QC program with Certified Standards, blanks, and duplicates, comprising 5% of total samples. Sample intervals averaged 2 metres.

Initial half-core samples were collected by Company personnel and sent to the Actlabs prep lab in Fredericton, New Brunswick, before being forwarded to Actlabs in Ancaster, Ontario, for XRF-Fusion Whole Rock Analysis (Code 4C). Actlabs is an accredited laboratory.

This news release has been reviewed and approved by Perry MacKinnon, P. Geo., Vice President of Exploration for Manganese X and a Qualified Person under NI 43-101 guidelines for mineral project disclosure.

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 US to commercialize EV 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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• [Editor:tianyawei]