ChemX Materials (ASX:CMX) has completed a 94-hole drill program on its Jamieson Tank manganese project in South Australia and is expecting to receive assay results over the next six weeks.
ChemX Materials says analysis of data from the drill program is currently being undertaken to produce an initial Mineral Resource Estimate, expected to be finalised before the end of the June quarter 2023.
The project is part of ChemX's vision to support the energy transition with materials and technology that provide real solutions to lowering carbon emissions.
The company's share price remained unchanged following the announcement, at $0.14.