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.”
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.
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.