American Manganese Reports 24.38 Meters (80 Feet)
Grading 4.91% Mn in Drill Hole 24
May
13, 2010 - Vancouver, British Columbia
Larry W.
Reaugh, President and Chief Executive Officer of American Manganese Inc.,
(TSX.V: AMY; Pink Sheets: AMYZF) (�American Manganese� or the �Company�) is
pleased to report the Company has received results for drill holes 3, 6 and 7
through 31 from its on-going Artillery Peak drilling program. The drill
holes are located on the Lake/MacGregor pit area of the property.
The
mineralization at Artillery Peak Mohave County, Arizona takes the form of
paleo-alluvial fans spreading out down slope from a number of source vents. The
source vent and the down slope fan at the MacGregor Open Pit area is the first
of several targets to be defined by the present drilling program. Early
work in the 1940�s located most of these fans but little was done to define and
measure this mineralization.
The company
initiated this drilling program on March 18, 2010 and it is being performed
using reverse circulation drilling techniques as the mineralization is
disseminated and uniform. The reverse circulation drilling is more
economic than core drilling and will provide the information needed to evaluate
the deposit. This drilling program is estimated to require 15,885 meters
(52,000 ft) of drilling in 191 holes.
To date
3,095 meters (10,155 ft) have been drilled in 38 holes and the significant
results for holes 3, 6 and 7 through 31 are shown in the following table.
The results for drill holes 1,2,4,5 and 6 (partial) were announced previously
on April 14, 2010. Mr. Reaugh states that �At this early stage we are
very pleased with the results. They confirm that the sedimentary
manganiferous beds are demonstrating the expected lateral continuity over good
widths, augmented by local higher grade intersections.� Mr. Reaugh goes
on the say: �The drill is now working in the top of the Manganese Mesa, where
historical results indicate the mineralized zone could be thicker and higher
grade.� See the drill plan map at http://www.americanmanganeseinc.com/wp-content/uploads/2010/05/5-12-2010-3-12-04-PM.jpg.
2010 DRILL PROGRAM
|
HOLE
|
FROM
ft
|
TO
ft
|
FROM
m
|
TO
m
|
Interval
m
|
Interval
Grade
%Mn
|
|
AP10-3
|
220
|
235
|
67.06
|
71.63
|
4.57
|
2.81
|
|
AP10-3
|
240
|
245
|
73.15
|
74.68
|
1.52
|
2.54
|
|
AP10-6
|
65
|
70
|
19.81
|
21.34
|
1.52
|
3.34
|
|
AP10-6
|
150
|
185
|
45.72
|
56.39
|
10.67
|
3.86
|
|
Including
|
150
|
155
|
45.72
|
47.24
|
1.52
|
5.46
|
|
Including
|
170
|
175
|
51.82
|
53.34
|
1.52
|
9.30
|
|
AP10-6
|
200
|
210
|
60.96
|
64.01
|
3.05
|
1.87
|
|
AP10-7
|
35
|
45
|
10.67
|
13.72
|
3.05
|
4.06
|
|
Including
|
40
|
45
|
12.19
|
13.72
|
1.52
|
6.96
|
|
AP10-8
|
45
|
55
|
13.72
|
16.76
|
3.05
|
2.42
|
|
AP10-8
|
100
|
120
|
30.48
|
36.58
|
6.10
|
1.55
|
|
AP10-8
|
125
|
135
|
38.10
|
41.15
|
3.05
|
1.96
|
|
AP10-8
|
140
|
150
|
42.67
|
45.72
|
3.05
|
2.81
|
|
AP10-9
|
130
|
135
|
39.62
|
41.15
|
1.52
|
2.35
|
|
AP10-10
|
5
|
60
|
1.52
|
18.29
|
16.76
|
3.82
|
|
Including
|
15
|
20
|
4.57
|
6.10
|
1.52
|
5.47
|
|
Including
|
45
|
55
|
13.72
|
16.76
|
3.05
|
7.52
|
|
AP10-10
|
65
|
70
|
19.81
|
21.34
|
1.52
|
3.34
|
|
AP10-12
|
160
|
195
|
48.77
|
59.44
|
10.67
|
2.30
|
|
AP1-13
|
35
|
50
|
10.67
|
15.24
|
4.57
|
2.89
|
|
Including
|
40
|
45
|
12.19
|
13.72
|
1.52
|
4.75
|
|
AP10-13
|
90
|
110
|
27.43
|
33.53
|
6.10
|
1.54
|
|
AP10-13
|
115
|
150
|
35.05
|
45.72
|
10.67
|
3.71
|
|
Including
|
130
|
140
|
39.62
|
42.67
|
3.05
|
8.92
|
|
AP10-13
|
165
|
180
|
50.29
|
54.86
|
4.57
|
1.55
|
|
AP10-14
|
195
|
215
|
59.44
|
65.53
|
6.09
|
2.38
|
|
AP10-14
|
225
|
240
|
68.58
|
73.15
|
4.57
|
2.15
|
|
AP10-14
|
245
|
255
|
74.68
|
77.72
|
3.05
|
3.00
|
|
AP10-14
|
280
|
285
|
85.34
|
86.87
|
1.52
|
2.10
|
|
AP10-15
|
5
|
10
|
1.52
|
3.05
|
1.52
|
3.87
|
|
AP10-15
|
15
|
20
|
4.57
|
6.10
|
1.52
|
2.44
|
|
AP10-15
|
35
|
55
|
10.67
|
16.76
|
6.10
|
2.74
|
|
AP10-15
|
60
|
100
|
18.29
|
30.48
|
12.19
|
3.38
|
|
Including
|
85
|
95
|
25.91
|
28.96
|
3.05
|
6.79
|
|
AP10-15
|
115
|
135
|
35.05
|
41.15
|
6.10
|
2.82
|
|
AP10-16
|
0
|
25
|
0.00
|
7.62
|
7.62
|
3.42
|
|
Including
|
0
|
5
|
0.00
|
1.52
|
1.52
|
9.30
|
|
AP10-16
|
30
|
45
|
9.14
|
13.72
|
4.57
|
3.77
|
|
Including
|
40
|
45
|
12.19
|
13.72
|
1.52
|
4.95
|
|
AP10-17
|
180
|
185
|
54.86
|
56.39
|
3.05
|
2.54
|
|
AP10-17
|
250
|
255
|
76.20
|
77.72
|
6.10
|
2.27
|
|
AP10-18
|
25
|
35
|
7.62
|
10.67
|
3.05
|
2.77
|
|
AP10-18
|
50
|
65
|
15.24
|
19.81
|
4.57
|
1.25
|
|
AP10-18
|
145
|
155
|
44.20
|
47.24
|
3.05
|
2.54
|
|
AP10-19
|
110
|
115
|
33.53
|
35.05
|
1.52
|
2.26
|
|
AP10-19
|
140
|
155
|
42.67
|
47.24
|
4.57
|
2.97
|
|
AP10-19
|
190
|
235
|
57.91
|
71.63
|
13.72
|
3.06
|
|
Including
|
230
|
235
|
70.10
|
71.63
|
1.52
|
10.35
|
|
AP10-20
|
70
|
120
|
21.34
|
36.58
|
15.24
|
3.18
|
|
Including
|
105
|
110
|
32.00
|
33.53
|
1.52
|
8.38
|
|
AP10-20
|
135
|
150
|
41.15
|
45.72
|
4.57
|
2.41
|
|
AP10-21
|
35
|
40
|
10.67
|
12.19
|
1.52
|
2.25
|
|
AP10-22
|
80
|
85
|
24.38
|
25.91
|
4.57
|
2.49
|
|
AP10-23
|
0
|
5
|
0.00
|
1.52
|
6.10
|
2.21
|
|
AP10-23
|
10
|
70
|
3.05
|
21.34
|
18.29
|
4.83
|
|
Including
|
20
|
45
|
6.10
|
13.72
|
7.62
|
6.58
|
|
Including
|
55
|
60
|
16.76
|
18.29
|
1.52
|
8.02
|
|
AP10-23
|
75
|
105
|
22.86
|
32.00
|
9.14
|
3.00
|
|
Including
|
80
|
85
|
24.38
|
25.91
|
1.52
|
7.19
|
|
AP10-24
|
0
|
80
|
0.00
|
24.38
|
24.38
|
4.91
|
|
Including
|
10
|
15
|
3.05
|
4.57
|
1.52
|
5.79
|
|
Including
|
25
|
40
|
7.62
|
12.19
|
4.57
|
8.92
|
|
Including
|
50
|
65
|
15.24
|
19.81
|
4.57
|
6 .72
|
|
AP10-24
|
125
|
130
|
38.10
|
39.62
|
1.52
|
2.05
|
|
AP10-25
|
5
|
25
|
1.52
|
7.62
|
6.10
|
4.04
|
|
Including
|
5
|
10
|
1.52
|
3.05
|
1.52
|
6.11
|
|
Including
|
15
|
20
|
4.57
|
6.10
|
1.52
|
5.38
|
|
AP10-25
|
45
|
105
|
13.72
|
32.00
|
18.29
|
3.60
|
|
Including
|
85
|
100
|
25.91
|
30.48
|
4.57
|
6.29
|
|
AP10-25
|
115
|
130
|
35.05
|
39.62
|
4.57
|
4.90
|
|
Including
|
115
|
120
|
35.05
|
36.58
|
1.52
|
8.61
|
|
AP10-26
|
5
|
50
|
1.52
|
15.24
|
13.72
|
4.00
|
|
Including
|
20
|
25
|
6.10
|
7.62
|
1.52
|
4.95
|
|
Including
|
30
|
50
|
9.14
|
15.24
|
6.10
|
5.19
|
|
AP10-26
|
60
|
90
|
18.29
|
27.43
|
9.14
|
3.73
|
|
Including
|
70
|
80
|
21.34
|
24.38
|
3.05
|
6.51
|
|
AP10-28
|
35
|
45
|
10.67
|
13.72
|
3.05
|
4.94
|
|
Including
|
40
|
45
|
12.19
|
13.72
|
1.52
|
8.38
|
|
AP10-28
|
60
|
65
|
18.29
|
19.81
|
1.52
|
5.87
|
|
Including
|
60
|
65
|
18.29
|
19.81
|
152
|
5.87
|
|
AP10-29
|
100
|
130
|
30.48
|
39.62
|
9.14
|
1.87
|
|
AP10-30
|
255
|
260
|
77.72
|
79.25
|
1.52
|
2.52
|
|
AP10-30
|
270
|
280
|
82.30
|
85.34
|
3.05
|
1.23
|
|
AP10-31
|
50
|
70
|
15.24
|
21.34
|
6.10
|
1.55
|
|
AP10-31
|
90
|
130
|
27.43
|
39.62
|
12.19
|
4.11
|
|
Including
|
105
|
120
|
32.00
|
36.58
|
4.57
|
6.59
|
|
AP10-31
|
145
|
170
|
44.20
|
51.82
|
7.62
|
2.61
|
|
Including
|
150
|
155
|
45.72
|
47.24
|
1.52
|
5.21
|
Assays were
performed by ALS Chemex in Sparks, Nevada. Further results will be
reported as they are received.
The
manganese resource remains open in all directions.
About Manganese
- China controls electrolytic manganese
production (EMM) supplying and producing 97.44% of the worlds needs (2.6
billion pounds per year).
- There is no substitution for manganese in
steel (total manganese market greater than 30 billion pounds per year,
fourth largest traded metal).
- The most critical metal at risk to supply
and restriction in the United States. No US production.
- EMM�s greatest uses are upgrading
specialty steel 47%, manufacture of aluminum 32% and electronics 14%.
- China has a 20% export duty on EMM and the
US has a 14% import duty, world price is $1.33/lb. and US price is
$1.68/lb.
- Manganese resources are declining in
China.
- Overall manganese market grew at 8% per
year to 30 billion pounds up to 2008. EMM market grew at 26% per
year from 2003 � 2008 to 2.6 billion pounds per year.
About
American Manganese Inc.
American
Manganese Inc. is a diversified specialty and critical metal Company focusing
on potentially becoming the lowest cost producer of electrolytic manganese from
its Arizona Manganese Project
This
release has been reviewed by Norman L. Tribe, P.Eng. a qualified person
pursuant to National Instrument 43-101.
On behalf
of Management
AMERICAN
MANGANESE INC.
Larry W.
Reaugh
President and Chief Executive Officer
Information
Contact
Larry W.
Reaugh
President
and Chief Executive Officer
Head
Office: 2A 15782 Marine Drive, White Rock, B.C. V4B 1E6
Telephone:
604-531-9639 Facsimile: 604-531-9634
www.americanmanganeseinc.com
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