American Manganese Inc.
TSX VENTURE : AMY
PINK SHEETS : AMYZF

American Manganese Inc.

October 01, 2010 06:00 ET

American Manganese Inc.: Lonnie-Virgil Occurrence Returns Significant Rare Earth Element & Niobium Values From Rock Chip & Soil Samples

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 1, 2010) - Mr. Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. ("American Manganese" or the "Company"), (TSX VENTURE:AMY)(PINK SHEETS:AMYZF), is pleased to announce the highlights of the geochemical prospecting program carried out on its Lonnie and Virgil Rare Earth Metals project, located about 140 km north of Fort St. James, British Columbia.

A total of 8 rock chip and 106 soil samples where taken from two areas surrounding known mineralization. The first was a 0.2 km X 0.15 km area centered on the Virgil trenches and the second was 1.4 km X 0.5 km area encompassing the Lonnie mineral occurrence. Of the 8 rock chip samples, 7 consisted of angular shaped, sub-crop boulders and cobbles float. 

Rock and soil samples were prepared and analyzed by Pioneer Labs Inc of Richmond, British Columbia. The analytical method used was lithium borate fusion, acid dissolution and ICPMS analysis for rare earth elements (excluding Promethium). Trace elements of Uranium (U), Thorium (Th), Yttrium (Y), Barium (Ba), Niobium (Nb), Rubinium (Rb), Strontium (Sr), Tantalum (Ta), Zirconium (Zr) & Titanium (Ti) were also analyzed and results are shown in certificate numbers 2102680. 

One rock chip sample contains elevated values of rare earth elements Cerium (Ce), Lanthanum (La) and Neodymium (Nd), and is summarized below:

Rock Chip Sample Width (m)   Zone
Name
  Ce
ppm
La
ppm
Nd
ppm
Th
ppm
Zr
ppm
Nb
ppm
Ta
ppm
Ti
%
VIRG10AR-02 float   Virgil fault gully   376.0 253.2 79.5 23.8 5.7 490.0 1.2 0.150

Highlights from the July, 2010 soil samples include:

Easting Northing Zone
Name
Ce
ppm
La
ppm
Nd
ppm
Th
ppm
Zr
ppm
Nb
ppm
Ta
ppm
Ti
%
410650 6174850 Virgil W 202.7 123.6 66.3 37.0 52.0 562.2 10.5 .299
410650 6174875 Virgil W 603.1 334.7 152.7 53.9 116.2 >10,000 14.0 .392
410650 6174900 Virgil W 311.5 156.5 79.0 20.8 43.6 355.2 5.0 .364
410650 6174925 Virgil W 198.1 117.6 66.7 37.2 90.9 413.1 7.2 .384
410675 6174850 Virgil W 237.8 141.6 78.8 60.4 113.0 312.5 5.5 .395
410675 6174875 Virgil W 363.9 192.8 90.0 23.2 50.3 394.6 7.0 .483
410675 6174900 Virgil W 557.5 356.3 122.1 25.9 40.3 412.0 6.1 .380
410725 6174875 Virgil E 310.0 161.2 91.7 33.2 24.3 305.7 3.9 .374
412500 6173000 Granite Ck North ext 522.1 223.5 169.9 89.0 6.8 18.3 0.2 .273
412600 6173050 Granite Ck North ext 343.6 149.6 112.7 59.6 11.0 2.9 0.2 .300
412650 6172100 Granite Ck 2100 N ext 283.9 129.1 91.8 49.7 7.5 41.3 0.6 .316
412850 6171900 Granite Ck 1900 N ext 110.7 60.6 43.8 12.2 31.1 33.6 31.4 .395
413250 6171750 Granite Ck 1750 N ext 450.4 319.4 131.2 25.8 10.5 51.0 0.4 .343
 
Note: 10,000 ppm equals 1.00%, 1 ppm equals 1 gram.
Further ICPMS analysis of sample 410650 E, 6174875 N (Virgil W) is currently under way to determine % Nb.

Additional follow-up work planned for Virgil and Lonnie will include detailed geological mapping, geochemical sampling, magnetometer geophysical surveys, and core drilling. Fieldwork and data compilation of Lonnie-Virgil mineral tenures was carried out by Andris Kikauka, P.Geo., a Qualified Person for the purposes of NI 43-101.

About Rare Earths:

China dominates rare earths production (93%) and consumption. China has placed quotas on the export of rare earths resulting in a panic by end users, increased exploration and company's such as the Boeing Company contracting out their technology to aid in exploration of rare earth deposits. The critical situation in Rare Earths was first brought to public attention by Keith Bradsher, New York Times correspondent, in August 2009. Neodymium is identified as one of the more critical rare earths.

About American Manganese Inc:

American Manganese Inc. is a diversified specialty and critical metal Company focusing on potentially becoming the lowest cost producer of electrolytic manganese from its Arizona Manganese Project.

This release has been reviewed by Andris Kikauka, P.Geo, a qualified person pursuant to National Instrument 43-101.

On behalf of Management

AMERICAN MANGANESE INC.

Larry W. Reaugh, President and Chief Executive Officer

This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX-Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.

The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • American Manganese Inc.
    Larry W. Reaugh
    President and Chief Executive Officer
    604-531-9639
    604-531-9634 (FAX)
    www.americanmanganeseinc.com