American Manganese President Larry Reaugh on Arizona manganese assays of 4.61% over 15.2m
American Manganese Inc TSXV:AMY announced results from its Artillery Peak Deposit in Mohave County, Arizona. Highlights include 4.61% manganese over 15.2 metres (including 6.74% over 6.1 metres), 2.47% over 27.4 metres (including 4.31% over 1.5 metres), 3.1% over 21.3 metres (including 6.89% over 1.5 metres), 2.25% over 24.4 metres (including 4.25% over 1.5 metres) and 3.86% over 13.72 metres (including 5.83% over 6.1 metres). The deposit has a 2010 resource estimate of 92.8 million tonnes grading 3.27% for 6.7 billion pounds indicated and 107.2 million tonnes grading 3.76% for 8.9 billion pounds inferred.
President/CEO Larry Reaugh tells ResourceClips.com, “The Artillery Peak Deposit contains a 43-101 indicated resource of 6.7 billion pounds and an inferred resource of 8.9 billion pounds. We just completed a 10,700-metre drill program. Those results have been coming out now for several weeks and will continue to do so. I’m very happy with the most recent results. It looks like we’re going to have an increase in the indicated resource for sure. The area we’re earmarking for the initial open pit is pretty much where all these drill holes have come from, and it’s indicating a much thicker resource than we originally thought.