Manganese X Energy Corp (MNXXF)

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The PEA is preliminary in nature, and a portion of the Mineral Resources in the mine plans, production schedules, and cashflows include Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and there is no certainty that the PEA will be.

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Due to the conceptual nature of the PEA, Mineral Resources cannot be converted to Mineral Reserves and therefore do not have demonstrated economic viability.

From the company link

https://www.manganesexenergycorp.com/wp-content/uploads/2022/06/final-pea-revised.pdf

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