viewElement 25 Ltd

Element 25 promotes experienced geologist Justin Brown to managing director

The company is focused on developing its Butcherbird Manganese Project in Western Australia.

two hands shaking
The PFS is progressing on budget and currently planned for delivery in 2019

Element 25 Ltd (ASX:E25) has appointed director Justin Brown to the role of managing director of the company.

Element 25’s chairman Seamus Cornelius said: “We are delighted that Justin has assumed the role of managing director again.

“His commitment and passion for the Butcherbird High Purity Manganese Deposit is greatly valued as we continue to progress through this exciting project.”

READ: Element calls in adviser for development funding at Butcherbird

Element 25 recently appointed finance advisory group BurnVoir Corporate Finance to commence the process of arranging financing for the development of the Butcherbird Project in Western Australia.

BurnVoir has assisted in arranging development finance for a number of projects in the Pilbara region including for Pilbara Minerals Ltd’s (ASX:PLS) Pilgangoora Lithium Project and Kalium Lakes Ltd’s (ASX:KLL) Beyondie Potash Project.

A pre-feasibility study (PFS) is underway for the high-purity manganese project and BurnVoir will initially assist in its completion.

READ: Element 25 progressing PFS on budget and on time, drilling underway

Element 25 also recently commenced an exploration aircore drilling program as part of the ongoing PFS at Butcherbird.

The target area has been defined based on the results of a detailed, ground based gravity survey conducted in 2018.

Quick facts: Element 25 Ltd

Price: 0.17 AUD

Market: ASX
Market Cap: $15.65 m

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Element 25 'well funded' as it progresses PFS on Butcherbird manganese project

Element 25 Ltd's (ASX:E25) Justin Brown sits down with Proactive's Andrew Scott while at Mines and Money in London 2019. The company's flagship asset is the Butcherbird manganese deposit, which has been described as Australia’s largest onshore manganese resource. ''The PFS is around 90%...

on 27/11/19

2 min read