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Giyani Metals (TSXV:EMM, GR:A2DUU8) is a battery metal development company focused on becoming one of Africa’s first low-carbon producers of high-purity manganese sulphate monohydrate (HPMSM), a precursor material used by lithium-ion battery manufacturers for the expanding electric vehicle (EV) market. The Company is currently developing a portfolio of high quality manganese oxide assets within the Kanye Basin, located in south-eastern Botswana, Africa including its flagship K.Hill project, which is scheduled to become the next large scale producer of HPMSM, a market expected to grow fourteen times (14x) by 2030.
“In the context of manganese projects being developed for HPMSM production by any listed company, Otse is showing its potential to be a class apart. To achieve multiple holes showing grades of over 30% MnO across widths greater than 10 m strengthens the prospect’s promise to have an even higher average grade than K.Hill and we look forward to its maiden Mineral Resource Estimate later this year. Through these initial results, Otse has shown the potential to strengthen further our strategy of becoming a major producer of sustainable HPMSM for the EV market. Sweetening the feedstock for the K.Hill Battery Manganese Project with high-grade Otse material could significantly enhance HPMSM production per tonne of ore and lower cash operating costs, thereby increasing profitability. Over the coming months, we will be undertaking mineralogical and metallurgical testwork to confirm ore characteristics and how best to integrate Otse into our development plans.”
Robin Birchall – CEO
* 18 years of experience in the investment banking, management and development of resource companies
* Executive Chairman of Silver Bear Resources
* Co-Head of Forbes & Manhattan London
* V.P. Investment and Corporate Banking at BMO Capital Markets
* V.P. Corporate Finance at Canaccord
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