American Manganese 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 Southwest USA at a time when this strategic metal faces declining supply resources. Drilling, leach testing, and mine planning are underway.
American Manganese Inc [CVE:AMY] [PINK:AMYZF]
TONNES GRADE Mn IN BILLIONS
%Mn OF POUNDS
Indicated 92,823,925 3.27 6.686
Inferred 107,211,073 3.76 8.881
January Fact Sheet
February Investor Sheet
3D Drill Tour Jan 2011
In August 2009 the Company receives a Preliminary Economic Assessment of the viability of exploiting the reported resource. The report concludes positively, calculating a cash cost of production at 44 cents. The total "all in" cost is calculated at 63 cents lb. The total capital expenditure is calculated at $90,000,000.
American Manganese Announces 3D Drill Tour and Wardrop PFS