American Manganese Acquires Silica Deposit for Emerging Lithium-ion Battery Technology

American Manganese Inc. (TSXV:AMY,FWB:2AM) has acquired by staking the Koot mineral claims, which contain a high-grade silica prospect.

The company hopes to see demand for the mineral rise in the future due to research suggesting that anodes for lithium batteries made from ball-milled and stain-etched metallurgical-grade silicon nanopowder could lead to cheaper and more efficient batteries.

As quoted in the press release:

The mineral claims are underlain by the Lower Cambrian Cranbrook Formation. The quartzite occurrence strikes north-south for a length of approximately 400 meters (1312 feet). The property was owned and explored by Cominco in the 1980’s where 8 diamond drill holes returned high grade SiO2 values over intervals ranging from 16.54 meters (54 feet) to 79.8 meters (262 feet) thick. Thirty-four 6.1 meter (20 foot) composites returned SiO2 values > 99% in 14 samples; between 99% and 98% in 18 samples; and between 98% and 97% in 2 samples.

American Manganese CEO Larry W. Reaugh said:

The Company remains committed to achieving production of high purity Chemical Manganese Dioxide (CMD) and/or Electrolytic Manganese Dioxide (EMD) from its Artillery Peak Manganese project situated in Arizona. The potential of being a secure supplier of materials for both the cathode (CMD or EMD) and the anode (Si) is very advantageous for the Company.

Click here to read the American Manganese Inc (TSXV:AMY) press release.