Element 25 Limited (AU:E25) has released an update.
Element 25 Limited has completed infill drilling at the Butcherbird Manganese Project, targeting an increase in the project’s manganese concentrate production to 1.1 million tonnes annually. The drilling is aimed at upgrading inferred resources within their mining lease to indicated or measured categories, enhancing the project’s reserves and aiding in securing financing for the expansion. Results from the drilling are forthcoming, which are anticipated to boost confidence in the resource estimates and support the project’s development.
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