Smartstox.com Highlights Project Developments by American Manganese Inc.
Posted on July 13, 2011 at 03:00 AM EDT
Vancouver, British Columbia, July 13, 2011. The Smartstox Online TV Talk Show is alerting subscribers and other resource stock investors to exploration developments announced by American Manganese Inc. and to the availability of an interview with the company’s president at www.smartstox.com/interviews/amy.
American Manganese Inc. (AMY.V)(AMYZF.PK) just announced the results of recent drilling at their Artillery Peak manganese project in western Arizona. The results continued to demonstrate the expected lateral continuity over good widths, along with local higher grade intersections.
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), and an Inferred resource of about 107.2 million tonnes grading 3.76% Mn (8.9 billion lbs).
The company anticipates producing the world’s lowest cost electrolytic manganese which is used in specialty steel, aluminum alloys and electronics. 97% of global electrolytic manganese production is from China and it has implemented export duties on the product, while, at the same time, the USA maintains import duties. American Manganese has commissioned CPM Group to develop a market study on electrolytic manganese that will be incorporated into the prefeasibility study scheduled for completion in the fall.
American Manganese president Larry Reaugh told us more about the potential of the Artillery Peak project and the international manganese market in our Smartstox interview, available at www.smartstox.com/interviews/amy.
Smartstox.com provides investment-related content through video and audio interviews with the management of small cap companies, along with written profiles on those groups. For our full interview line-up, and to listen to the market commentary of top resource stock analysts, visit http://www.smartstox.com.
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The Smartstox Online Talk Show
Stanlie Hunt, President
(604) 628-4592 or (416) 628-4841
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