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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: 0.21 AUD

ASX:E25
Market: ASX
Market Cap: $19.3 m
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Full interview: Element 25 in due diligence phase for Northern Australia...

Element 25 Ltd (ASX:E25) executive director Justin Brown updates Proactive on progress with an application for Northern Australia Infrastructure Facility (NAIF) support for the Butcherbird Manganese Project. The company has received written confirmation that NAIF has considered a strategic...

5 days, 5 hours ago

2 min read