amy getting some action
AMERICAN MANGANESE INC.: UPDATE AND ADDITIONAL DRILLING PLANNED ON ARIZONA MANGANESE PROJECT
American Manganese Inc. has awarded a contract to Drill-Tech Inc. of Chino Valley, Ariz., for an additional 3,050 metres (10,000 feet) of rotary drilling, bringing the total contracted amount for the program currently under way to 9,150 metres (30,000 feet) on the company's Artillery Peak manganese project located in Mojave county, Arizona.
"This drilling program is proceeding extremely well, and the results are very encouraging. Even though we are awaiting the first assays, it is prudent to follow up what we have seen to date," says Larry Reaugh, president and chief executive officer of American Manganese. As of May 16, 2011, 4,531 metres (14,500 feet), entailing 45 rotary drill holes, have been completed with first assays expected before the end of the month.
Furthermore, Mr. Reaugh also announces an additional 102 mining claims have been staked, bring the company's total landholdings at Artillery Peak to 1,124.6 hectares (9,899 acres). Mr. Reaugh goes on to say: "Our knowledge of the area and deposit has developed over the past three years such that we can reasonably anticipate potential extensions of the mineralized horizon. As this ground was open, locking it up is in the best interest of the company."
The current National Instrument 43-101-compliant resource estimate of the Artillery Peak manganese deposit includes an indicated resource of about 92.8 million tonnes grading 3.27 per cent Mn (6.7 billion pounds contained Mn) and an inferred resource of about 107.2 million tonnes grading 3.76 per cent Mn (8.9 billion pounds contained Mn).
About Drill-Tech Inc.
Drill-Tech is an air rotary, reverse circulation, mud rotary and core exploration drilling company primarily servicing mining and water well clients in the southwestern United States. Its principal employees have a combined drilling experience of more than 60 years. The company's record of high performance, ability to work with government agencies and consulting engineers, and safety and environmental consciousness are demonstrated by its high volume of repeat business |
