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RecycLiCo Battery Materials Inc V.AMY

Alternate Symbol(s):  AMYZF

RecycLiCo Battery Materials Inc. is a battery materials company specializing in sustainable lithium-ion battery recycling and materials production. Its segments include the research and development of recycling battery cathode waste in lithium-ion batteries and the acquisition, exploration and development of interests in mineral resource projects in British Columbia, Canada and Arizona, USA. It has developed advanced technologies that recover battery-grade materials from lithium-ion batteries, addressing the global demand for environmentally friendly solutions in energy storage. It recovers up to 99% of cathode metals from battery waste and upcycles them into high purity, battery-ready materials. Integrate a bespoke RecycLiCo Clean Spot plant and its patented closed loop, multi-tons per day, lithium-ion battery recycling and upcycling process-on-site-within a client’s battery factory or battery recycling operation. Its properties include Artillery Peak, Rocher Deboule and Lonnie.


TSXV:AMY - Post by User

Post by propertymadon May 13, 2010 11:08am
365 Views
Post# 17094688

results

results

American Manganese Reports 24.38 Meters (80 Feet) Grading 4.91% Mn in Drill Hole 24

VANCOUVER, BRITISH COLUMBIA, May 13, 2010 (MARKETWIRE via COMTEX) -- Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc., /quotes/comstock/11v!e:amy (CA:AMY0.31, 0.00, 0.00%) (PINK SHEETS: AMYZF) ("American Manganese" or the "Company") is pleased to report the Company has received results for drill holes 3, 6 and 7 through 31 from its on-going Artillery Peak drilling program. The drill holes are located on the Lake/MacGregor pit area of the property.

The mineralization at Artillery Peak Mohave County, Arizona takes the form of paleo-alluvial fans spreading out down slope from a number of source vents. The source vent and the down slope fan at the MacGregor Open Pit area is the first of several targets to be defined by the present drilling program. Early work in the 1940's located most of these fans but little was done to define and measure this mineralization.

The company initiated this drilling program on March 18, 2010 and it is being performed using reverse circulation drilling techniques as the mineralization is disseminated and uniform. The reverse circulation drilling is more economic than core drilling and will provide the information needed to evaluate the deposit. This drilling program is estimated to require 15,885 meters (52,000 ft) of drilling in 191 holes.

To date 3,095 meters (10,155 ft) have been drilled in 38 holes and the significant results for holes 3, 6 and 7 through 31 are shown in the following table. The results for drill holes 1, 2, 4, 5 and 6 (partial) were announced previously on April 14, 2010. Mr. Reaugh states that, "At this early stage we are very pleased with the results. They confirm that the sedimentary manganiferous beds are demonstrating the expected lateral continuity over good widths, augmented by local higher grade intersections." Mr. Reaugh goes on the say: "The drill is now working in the top of the Manganese Mesa, where historical results indicate the mineralized zone could be thicker and higher grade." See the drill plan map at https://www.americanmanganeseinc.com/wp-content/uploads/2010/05/5-12-2010-3-12-04-PM.jpg.

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