American Manganese President Larry Reaugh on updated Artillery Peak resourceAmerican Manganese Inc TSXV:AMY announced an updated 43-101 resource for its Artillery Peak Manganese Project in Mohave County, Arizona. The report estimates 226.46 million tonnes grading 2.99% for 14.92 billion pounds manganese indicated and 56.42 million tonnes grading 2.84% for 3.54 billion pounds manganese inferred.
President/CEO Larry Reaugh tells ResourceClips.com, “We’re certainly happy. Most of the drilling was infill drilling, and it’s moved up the indicated resource, a much more confident resource, by 123%. We did a little drilling outside the boundaries, and overall the entire resource went up just under 20%. We now have almost 15 billion pounds of manganese indicated, where we had less than half of that amount of indicated previously. And of course we’ve only touched 20% to 25% of the property, so we expect further drilling will bring more increases.
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