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Manganese X Pre-Feasibility Update: Geotechnical Drilling and Optimized Metallurgical Processing Initiatives

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Executive Summary

Manganese X Energy Corp. has commenced a targeted geotechnical drilling and testing program as part of advancing its Pre-Feasibility Study for the Battery Hill Project in New Brunswick. The program consists of three drill holes totaling approximately 550 metres, designed in collaboration with GEMTEC Consulting Engineers and Scientists Limited to obtain critical site-specific geotechnical data for infrastructure planning.

The geotechnical program has multiple strategic objectives including determining optimal pit slope angles for mine design, refining geotechnical parameters for enhanced pit wall stability, evaluating additional pit development requirements for processing infrastructure, and collecting hydrogeological data to better understand site conditions. These results are expected to improve mine design confidence, optimize material movement assumptions, and support the overall economic evaluation within the updated PFS framework.

Simultaneously, the company continues its collaboration with Kemetco Research Inc. on metallurgical activities focused on providing technical support to the engineering team and preparing representative product samples. ABH Engineering Inc., the lead consulting firm for the PFS, has initiated preliminary engineering activities including critical path establishment and organizational framework development.

The advancement of these technical studies positions Manganese X to potentially become the first publicly traded manganese mining company in Canada and the United States to commercialize EV-compliant high-purity manganese for the North American supply chain. The company's strategic focus on battery-grade manganese aligns with the growing demand from lithium-ion battery manufacturers and the broader alternative energy sector, while pursuing carbon-friendly and cost-competitive processing methodologies.
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