Buxton Resources has secured 100% ownership of the Matrix Manganese Project in Mohave County, Arizona, through a binding earn-in agreement with Solution Metals.

The 12km2 project sits adjacent to RecycLiCo's Artillery Peak Project, offering prospects for Buxton.

CEO Marty Moloney cited the Matrix Project's proximity to US auto battery cell capacity and incentives under the Biden Administration's Inflation Reduction Act.

Buxton's commitment includes structured payments, share allocations, and a 1.5% NSR royalty, with drilling set to begin in the third quarter to test known manganese mineralisation extensions.