Core Insights - Manganese X Energy Corp. reported highly positive Phase 2 ore-sorting results, achieving an 80% increase in mill feed grade in its Battery Hill pilot program [2][5][7] - The ore-sorting process is expected to significantly reduce capital and operating costs, enhancing project economics [5][8] Ore-Sorting Results - The ore-sorting program processed over 400kg of rock from the Battery Hill manganese deposit, confirming the material's suitability for ore sorting [4][6] - The increase in mill feed grade indicates that the processed material contains 80% more manganese per tonne than the original mined material [3][7] Economic Implications - The ore-sorting technology is projected to positively impact capital expenditure (CAPEX), operating costs (OPEX), and production costs per tonne, leading to improved project economics [5][7] - Higher-grade feed allows for smaller facilities to produce more metal, maximizing resource utilization and potentially improving project NPV and IRR [8] Future Plans - The study was conducted in preparation for the upcoming Pre-Feasibility Study (PFS) scheduled to commence in Q3 2025, with ongoing discussions about integrating ore sorting into the PFS program [6][10]

Anchorage Alaska, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Nova Minerals Limited (“Nova” or the “Company”) (NASDAQ: NVA) (ASX: NVA) (FRA: QM3) ) is pleased to announce results from the Styx antimony ore sorting test work program which in our opinion shows outstanding results and that an upgraded, saleable antimony ore concentrate can be produced onsite for further processing. Highlights Conceptual flowsheet outlines clear path for onsite recovery and upgrading of antimony ore using ore sorting (Figure 3).500kg bul ...