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American Manganese Inc.(CVE:AMY) reports that it has submitted its full patent application for the hydro-metallurgical process that it had developed to extract manganese from its Artillery Peak manganese deposit
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 contained 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, Larry W. Reaugh says:
“The process combines a series of conventional technologies in a unique configuration that is designed to be energy and water efficient. The continuous bench scale pilot plant test program that is currently underway is corroborating the conceptual process previously described in the report, “The Recovery of Manganese from Low Grade Resources: Bench Scale Test Program Completed”, prepared by Kemetco Research Inc. of Richmond, BC. This intellectual property is one of the cornerstones of the Company’s business plan.”
“The Company is financially strong with $7 million in the bank, more than enough to complete the ongoing pilot plant test, pre-feasibility study and environmental and regulatory permitting as well as begin the final feasibility report.”
Click here to access the entire news release.
Click here to access American Manganese’s company profile.(TSXV:AMY)