American
Manganese Reports 9.15 Meters (30 Feet) of Manganese Grading
10% in Hole #AP10-35
May 19, 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 1through 37 from its on-going Artillery Peak drilling
program. Hole numbers 33 � 37 are located on the Manganese Mesa and
hole number 32 is located on Cobweb Hill where little information was
previously known.
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.
2010 DRILL PROGRAM
Artillery
Drill Hole Assay Summay
HOLE
|
FROM
ft
|
TO
ft
|
FROM
m
|
TO
m
|
Interval
m (ft)
|
Interval
Grade
%Mn
|
AP10-32
|
120
|
125
|
36.58
|
38.10
|
1.52
(5)
|
2.66
|
AP10-32
|
165
|
200
|
50.29
|
60.96
|
10.67
(35)
|
2.13
|
AP10-32
|
205
|
240
|
62.48
|
73.15
|
10.67
(35)
|
2.33
|
Including
|
220
|
235
|
67.06
|
71.63
|
4.57
(15)
|
2.91
|
AP10-32
|
250
|
290
|
76.20
|
88.39
|
12.19
(40)
|
4.44
|
Including
|
270
|
285
|
82.30
|
86.87
|
4.57
(15)
|
6.27
|
AP10-32
|
300
|
320
|
91.44
|
97.54
|
6.10
(20)
|
3.07
|
Including
|
305
|
320
|
92.96
|
97.54
|
4.57
(15)
|
3.73
|
AP10-33
|
140
|
185
|
42.67
|
56.39
|
13.72 (45)
|
2.33
|
Including
|
155
|
170
|
47.24
|
51.82
|
4.57
(15)
|
3.80
|
AP10-33
|
200
|
215
|
60.96
|
65.53
|
4.57
(15)
|
3.35
|
AP10-34
|
150
|
215
|
45.72
|
65.53
|
19.81
(65)
|
5.06
|
Including
|
155
|
165
|
47.25
|
50.30
|
3.05
(10)
|
9.27
|
Including
|
180
|
200
|
54.87
|
60.90
|
6.03
(20)
|
8.34
|
AP10-34
|
220
|
230
|
67.06
|
70.10
|
3.05
(10)
|
2.79
|
Including
|
225
|
230
|
68.58
|
70.10
|
1.52
(5)
|
4.33
|
AP10-35
|
200
|
245
|
60.96
|
74.68
|
13.72
(45)
|
7.90
|
Including
|
200
|
230
|
60.96
|
70.11
|
9.15
(30)
|
10.00
|
AP10-36
|
225
|
245
|
68.58
|
74.68
|
6.10
(20)
|
2.68
|
Including
|
230
|
240
|
70.10
|
73.15
|
3.05
(10)
|
3.42
|
AP10-36
|
250
|
270
|
76.20
|
82.30
|
6.10
(20)
|
2.07
|
Including
|
265
|
270
|
80.77
|
82.30
|
1.52
(5)
|
4.38
|
AP10-36
|
300
|
305
|
91.44
|
92.96
|
1.52
(5)
|
3.66
|
AP10-37
|
160
|
240
|
48.77
|
73.15
|
24.38
(80)
|
3.96
|
Including
|
170
|
200
|
51.82
|
60.96
|
9.14
(30)
|
7.73
|
Including
|
225
|
230
|
68.58
|
70.10
|
1.52
(5)
|
2.75
|
AP10-37
|
275
|
285
|
83.82
|
86.87
|
3.05
(10)
|
2.01
|
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
Cautionary Notice: The Reader is
cautioned that the full Cautionary Notice is not attached to this email.
The reader is requested to access the news release on the Company�s website at www.americanmanganeseinc.com
or at SEDAR at www.sedar.com
to read the full Cautionary Notice. The full Cautionary Notice is not
attached as the recipient�s spam filters frequently block receiving emails
containing the full Cautionary Notice.