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Company Statement
American Maganese Inc. is a mineral resources company actively engaged in the acquisition, exploration and development of a diverse portfolio of metals in demand commodity markets.
The company focus is on the growing market opportunities in the Steel Industry, evidenced by its recent bold play into the rising Manganese Market with acquisition of Artillery Peak Manganese Properties in Arizona, recognized as the largest known manganese deposit in the USA at a time when this strategic metal faces declining supply resources. Drilling, leach testing, and mine planning are underway.
Current Operations
Artillery Peak Deposit
Property Overview
The properties in Mohave County, Arizona (purchased in 2007) encompass historical open-pit and underground mines that produced manganese from 1928 to 1955 for delivery to various steel mills and U.S. government strategic materials stockpiles. In 2008 American Manganese Inc. completed the assembly of all target properties in the Artillery Peak manganese district, and drilling and metallurgical testing programs were executed. An updated NI 43-101 compliant Resource Calculation in 2009 indicates a manganese resource in excess of 100 million tonnes, with Indicated and Inferred resources of 10+ billion lb. manganese.
112 patented and 254 unpatented lode mining claims, 12 square miles that include past-producing mines:
- McGregor Pit, McGregor Group;
- Black Crow Mine + Claim Group;
- Love Mine & Prospects;
- The Black Warrior Mine;
- Hurley Mine & Claim Group;
- The Plancha Claim Group;
- (parts of) Rudy Claim Group;
- The Javelina Group (In Section 17 & 18, T11N, R13W);
- Mesa No. 5 and Mesa No. 27
Rocher Deboule Deposit
Property Overview
Rocher Deboule has implemented a two-pronged exploration approach on its multi mineral 8,199 hectare (20,259 acre) gold/silver/copper/cobalt/ tungsten property located 8 km south of New Hazelton, BC.
The property will be explored to develop reserves on the high grade (east-west) veins containing copper/gold. The veins lie within an area measuring approximately 1.5 x 2 km, with seven mineralized veins running in an east west direction.
The I.O.C.G. potential was tested by the Geological Survey Branch of the Ministry of Energy and Mines where stream sediment sample #93M831897 returned a > 95 percentile for Au, La, Fe and Cu; high readings for Co, U and REE were also obtained. This is a reading in the first order for IOCG anomalies and targets. Airborne magnetic survey (1967 – 1969) identified a large magnetic high anomaly, located in the central part of the claims which is a good indicator for a large magnetite body with the potential to host an IOCG.
Lonnie & Virgil Deposit – Niobium/Lanthanum (Rare Earths)
Property Overview
100% owned 1604.62 hectare Niobium property located in north-central British Columbia, about 6.0 km northeast of the community of Manson Creek.
Black Prince Deposit
Property Overview
- 100% owned located in the Alberni Mining Division, BC;
- Open cuts and pits are exposed over an area measuring about 100 by 30 meters (at an elevation of 1,900 ft or 579 m), are located about 35 kilometers southeast of Port Alberni, BC near the headwaters of Shaw Creek. Three meter wide samples assayed from 22.2 to 40.8 per cent manganese and 30 to 57 per cent silica (Minister of Mines, Annual Report, 1918).
Olson/Junction Creek Deposit – Manganese
Property Overview
- 100% owned located 3 km southwest of Clinton, BC;
- The occurrence of pyrolusite is located 3 kilometers southwest of Clinton, BC, and is about 0.8 kilometers east of the CN rail track (elevation 3,378 ft or 1,030 m),. Syngenetic, stratabound mineralization covers an exposed area of about 100 X 15 meters and is hosted in chert and a bright red shale and minor green shale. The chert is intensely fractured and impregnated with black manganese oxides. A rock chip sample from this occurrence assayed 33.4 per cent manganese (Source: MINFILE, 092P 138).
Board of Directors and Key Management
| Larry W. Reaugh | President & CEO, Director |
| Andris Kikauka | P.Eng, Director |
| Edward Lee | Director |
| Paul Hildebrand | Director |
| Dr. Anthony E. Santelli | Director |
| Teresa Piorun | Officer |
| Kenneth Wright | Chief Financial Officer |
Company Address2A 15782 Marine Drive
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Additional Address/Key ContactInvester Relations: |
CapitalMarket Cap 9.726 million
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Related News
13/01/10 - Rocher Deboule Minerals Moves Ever Closer To Manganese Production At Artillery Peak In Arizona20/08/09 - Rocher Deboule Seems To Have Timed Its Entry Onto The Manganese Scene With Great Finesse
Most Recent Statement
19/03/10 - American Manganese Inc.HOMECORPORATE09/03/10 - American Manganese Reports on Artillery Peak Manganese Plans and Lonnie/Virgil Explorations
08/03/10 - American Manganese Inc. Appoints Atlanta Capital Partners, LLC for Investor Relations
25/02/10 - American Manganese Hires COO for Manganese Project Development
12/02/10 - American Manganese Private Placement Over-Subscribed
03/02/10 - American Manganese Plans 191 Drill Hole Program