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.
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.
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