AMN - BOTSWANA: Maiden K.Hill manganese resource

Giyani Metals Corp has announced a maiden mineral resource estimate for its 88%-owned K.Hill manganese deposit in Botswana. The estimate includes an inferred resource of 1.1 million tonnes grading 31.2% manganese oxide (MnO) at a cut-off grade of 18%.

The scale of the resource, prepared by the South Africa-based MSA Group, gives the company confidence to immediately proceed with a preliminary economic assessment (PEA).

Giyani's CEO Robin Birchall said, “This maiden resource at K.Hill represents a significant milestone in the development of our company. We now have a proven tangible asset that adds intrinsic value to our shareholders.

"Giyani will grow from this point onwards with the goal of becoming an independent, vertically integrated, manganese supplier to the battery market.

"By developing the K.Hill prospect into its full potential and continuing to prove other prospects within our large property, we are putting Giyani on the map as an active player in the growing battery electric vehicle market.”

The resource estimate was based on geochemical analyses and density measurements of core samples obtained by diamond drilling undertaken by Giyani from April 16 to July 2, 2018.

A total of 18 vertical holes were drilled at K-Hill. Two of the drill holes were collared outside the mineral resource area, one was drilled for metallurgical purposes and 12 intersected the manganese shale.

The intersections obtained from 10 drill holes were used to estimate the grade of the resource with the remainder used in defining the extent of the mineralisation.

A three-dimensional geological model of the major stratigraphic units was constructed using the drill hole logging data. The mineralised envelope within the manganese shale was defined by a 15% MnO threshold and a three-dimensional mineralisation model was constructed.

Dr Ian Flint, who led Giyani’s hydrometallurgical testing, said, “The laboratory scale test work on samples from the hole drilled for metallurgical test-work indicates that the manganese mineralisation and leach chemistry are well suited for solvent extraction."

Giyani is a Canadian-based junior exploration company focused on creating shareholder value by accelerating the development of its battery-grade manganese projects in the Kanye Basin of Botswana.

www.giyanimetals.com