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Element 25 in 'enviable' position to fund development of Butcherbird Project

Element 25 (ASX: E25) executive director Justin Brown updates Proactive Investors on the company's 100% owned Butcherbird Project, which is largest onshore manganese resource.

The company is funding works partly through strategic divestments from its portfolio of gold assets.

Brown explains, "Right now we've got a resource upgrade happening... a lot happening on permitting... and the metallurgical test work is going very very well. We're on schedule to deliver the PFS in Q3 2019."

Quick facts: Element 25 Ltd

Price: 0.165 AUD

ASX:E25
Market: ASX
Market Cap: $15.19 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%...

1 week, 3 days ago

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