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American Manganese Inc
Symbol AMY
Shares Issued 147,801,195
Close 2017-08-10 C$ 0.16
Market Cap C$ 23,648,191
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American Manganese samples up to 164 g/t Au at Rocher

2017-08-10 10:16 ET - News Release

Mr. Larry Reaugh reports

ROCK SAMPLES FROM AMERICAN MANGANESE INC.'S ROCHER DEBOULE PROPERTY RETURN UP TO 164.0 GRAMS/METRIC TONNE AU (4.78 TROY OUNCES/SHORT TON AU) AND 2.75% COBALT

American Manganese Inc. has released the results of the company's 2017 field program carried out on its Rocher DeBoule property.

The Rocher Deboule property covers 997.76 hectares (2,464.5 acres) and is located 10 kilometres southwest of Hazelton, B.C. The property features past-producing underground mines (Rocher Deboule, Victoria, Highland Boy and Cap) and significant prospects (Hazelton View, Silvertip Basin and Great Ohio) located in and around the Rocher Deboule stock. The Rocher Deboule (Minfile No. 093M071) mine produced 36,457 tonnes containing 2,167,780 grams silver, 133,676 grams gold and 2,557,433 kilograms copper between 1915 and 1929; the adjacent Highland Boy (Minfile No. 093M070) mine produced 68 tonnes containing 1,089 grams silver, 124 grams gold and 4,760 kilograms copper. The Victoria (Minfile No. 093M072) No. 1 vein produced 51 tonnes, containing 7,341 grams gold, 7,710 kilograms arsenic and 785 kilograms cobalt between 1926 and 1940.

The Victoria No. 1 vein follows a diorite dike, averages approximately 0.5-metre width, and developed by several adits over a horizontal distance of 450 metres and a vertical distance of 300 metres. Fieldwork by American Manganese in 2017 focused on Victoria No 1 vein. The attached table includes eight of 14 rock samples from the Victoria No. 1 vein zone over eight grams per tonne gold.

Sample ID   Sample type             Gold     Silver     Cobalt    Molybdenum     Nickel
                                    (g/t)      (g/t)        (%)         (ppm)      (ppm)

17VIC-1     Outcrop                 8.77       2.32       0.34       2,260.0      310.0         
17VIC-2     Angular float         110.50       3.67       1.54       2,310.0      639.0         
17VIC-4     Outcrop               126.00       7.75       1.71       4,130.0    3,020.0        
17VIC-5     Angular float          96.80       2.84       2.75       2,410.0    3,500.0        
17VIC-6     Angular float          56.80       1.95       2.05       1,885.0    1,745.0        
17VIC-7     Angular float         119.00       7.95       2.46       5,960.0      423.0         
17VIC-9     Angular float          13.65      20.40       0.24          33.2      601.0         
17VIC-14    Angular float         164.00      22.40       1.14         905.0    5,660.0        
Average of eight rock samples      86.94       8.66       1.53       2,486.6    1,987.3 

Geochemical analysis results indicate elevated gold values are associated with cobalt-nickel sulpharsenides with minor molybdenite and, to a lesser degree, with mineral assemblage of apatite-sphene-allanite that are associated with elevated rare earth values (for example, cerium and lanthanum). A composite of these gold-bearing and cobalt-bearing rock-chip samples will be analyzed by ALS Metallurgical for detailed mineralogy, mineral associations and preliminary liberation testing (including cyanide leach) and separation of deleterious elements such as arsenic.

Additional fieldwork by American Manganese includes a sampling of an area covering approximately 300 hectares (Victoria No. 1 and No. 3 vein zones) with Actlabs SGH deep-penetrating geochemistry that involves the analysis of surficial samples for outlining buried potential mineral targets. The analysis involves the testing for 162 hydrocarbon compounds in the C5-C17 carbon series. SGH has been successful for delineating targets found at over 500 metres in depth. The objective of the SGH survey is to explore for porphyry and/or IOCG (iron oxide/copper/gold) mineral deposit types hosted in volcanic-sedimentary rocks in close proximity to the Victoria veins hosted in intrusive rocks. SGH and mineralogy results from Victoria veins will be reported when received.

Fieldwork, data reporting and preparation of this press release have been supervised and reviewed by Andris Kikauka, PGeo, a qualified person under National Instrument 43-101.

About American Manganese Inc.

American Manganese is a diversified specialty and critical metal company focused on capitalizing on its patented intellectual property through low-cost production or recovery of electrolytic manganese products throughout the world as well as recycling of spent electric vehicle lithium-ion rechargeable batteries.

We seek Safe Harbor.

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