logo-loader
viewAmerican Manganese Inc.

American Manganese encouraged by rock sampling results at Lonnie project, BC

The Lonnie property comprises eight claims over 2480 hectares and lies at Granite Creek, six kilometers east of Manson Creek

Niobium symbol
Seven rock samples averaged 0.42% niobium, the group said

American Manganese Inc (OTCMKTS:AMYZF) (CVE:AMY), the critical metals and battery recycling group, says it has been encouraged by rock sampling at its Lonnie rare earth element and niobium project in British Columbia.

In a statement Wednesday, the group said that of 11 sample results reported in the release - 39 rock chip samples were gathered - seven averaged 0.42% niobium.

READ:  American Manganese achieves even better purity rates at its pilot plant

The rare metal niobium has a hardness similar to titanium and is used in stainless steel alloys. Because of its properties, it is used in superalloys for jet engines and other heat resistant equipment.

The company also said that five samples averaged 0.31% total rare earth elements (TREE) and Yttrium.

Samples with elevated niobium and rare earth values lie next to the Kennecott 1955 trench sites where carbonatite hosted cerium, lanthanum, niobium, neodymium, praseodymium and Yttrium values occur over a strike length of 700 meters.

"Management is encouraged by the Lonnie rock chip geochemical analysis, and follow-up mineral exploration is planned for Lonnie Main and a new zone discovered in 2012 called the Granite Creek West, located 1 km northwest of Main Zone and interpreted as an extension," the Surrey headquartered firm said.

The Lonnie property comprises eight claims over 2480 hectares and lies at Granite Creek, six kilometers (km) east of Manson Creek.

Fieldwork started at Rocher Deboule claims

American Manganese also said Wednesday that fieldwork had started at the Rocher Deboule claims 10 km southwest of Hazelton, British Columbia.

The work will include geological mapping, and geochemical sampling of the Victoria No.3 zone, where previously rock samples returned assays of up to 2.75% cobalt (Co) and 164 grams per ton (g/t) gold.

American Manganese also has a patent-approved process for recovering metals from lithium-ion batteries such as cobalt, lithium, nickel, manganese, and aluminum and last week said it had achieved even better purity rates using its ground-breaking recycling technology at its pilot plant.

It revealed that  99.93% purity had been achieved from the second production of recycled nickel manganese cobalt (NMC) cathode material.

Contact the author at [email protected]

Follow him on Twitter@Gile74

Quick facts: American Manganese Inc.

Price: 0.21 CAD

TSX-V:AMY
Market: TSX-V
Market Cap: $37.15 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of American Manganese Inc. named herein, including the promotion by the Company of American Manganese Inc. in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: American Manganese starts third party testing on end of life...

American Manganese (CVE: AMY-OTC-AMYZF) CEO Larry Reaugh joined Steve Darling from Proactive Vancouver with news the company has begun third-party testing on their process to disassembled end-of-life lithium-ion batteries. Reaugh talks about the process that led them to this point and what...

on 8/10/19

2 min read