The Conversation (0)
American Manganese Inc. (CVE:AMY) reports that an additional 3,050 meters of rotary drilling has been awarded to Drill-Tech, Inc., of Chino Valley, Arizona.
The press release is quoted as saying:
The current NI 43-101 compliant resource estimate of the Artillery Peak Manganese deposit includes an Indicated resource of about 92.8 million tonnes grading 3.27% Mn (6.7 billion lbs contain Mn), and an Inferred resource of about 107.2 million tonnes grading 3.76% Mn (8.9 billion lbs contained Mn).
American Manganese’s President and CEO, Mr. Larry Reaugh says:
“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.” “Our knowledge of the area and deposit has developed over the past 3 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.”
Click here to access the entire news release.