American Manganese Initiates Detailed Exploration on Their 100% Owned Rocher Deboule Iron Oxide Copper Gold Target
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/22/11 -- Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. (TSX VENTURE: AMY)(PINK SHEETS: AMYZF)(FRANKFURT: 2AM) ('American Manganese' or the 'Company') is pleased to report the Company has initiated a detailed exploration program of prospecting, mapping, soil and rock sampling and limited geophysics on their 100% owned, 9956 hectare (24,602 acre) property located 10 km south of New Hazelton, BC.
The property exploration will be conducted by Mr. Dan Ethier an experienced prospector located in New Hazelton. Consulting Geologists are Robert Pinsent, PhD and Andris Kikauka, P.Geo.
Historic Mining and Shipment Highlights of the property are as follows:
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Co-
Silver/ Zinc/ Lead/ balt/
Property Tons Gold/oz oz Copper/lb Mo/lb lb lb lb
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Rocher 52,719 4,492.0 84,477 6,203,584 7,219 751
Deboule
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Victoria 90 326.0 0 2,100 4,918
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Highland Boy 75 4.0 35 10,493
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Cap 29 3.0 252 3,375
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Great Ohio Consists of an exposed vein up to 4 feet width with scattered
mineralization of a galena, sphalerite, or of pyrholite,
arsenopyrite and chalcopyrite. (Geology of the Rocher Deboule
Range by A. Sutherland Brown 1960.)
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(i) Where historical estimates are referred to, the Company has no
classification of the resource or reserve, and the Company has not obtained
enough of the original data and has not done the work necessary to verify
the classification of a resource or reserve. The Company is not treating
the estimates as a NI 43-101 defined resource or reserve verified by a
Qualified Person, and the historical estimate should not be relied upon.
(i) Where historical estimates are referred to, the Company has no
classification of the resource or reserve, and the Company has not obtained
enough of the original data and has not done the work necessary to verify
the classification of a resource or reserve. The Company is not treating
the estimates as a NI 43-101 defined resource or reserve verified by a
Qualified Person, and the historical estimate should not be relied upon.
The property is located within 10 km of power, highways and railroads. Results will be reported as they are received.
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.
Contacts:
American Manganese Inc.
Larry W. Reaugh
President and Chief Executive Officer
604-531-9639
604-531-9634 (FAX)
www.americanmanganeseinc.com