Overview

American Manganese is focused on the growing market opportunities in the Steel Industry, evidenced by its recent bold play into the rising manganese market with acquisition of Artillery Peak Manganese Properties in Arizona, recognized as the largest known manganese deposit in the USA. American Manganese believes this strategic metal faces declining supply resources and the potentail constraining of exports from China. American Manganese has an agressive plan with drilling, leach testing, and mine planning are underway.

What we like about American Manganese!

• Over $10 Billion Pounds Mn Indicated and Inferred
• PEA state cash cost of $0.44/lb
• Positive metallurgical tests
• 191 hole drill program in 2010

Chief Property

In 2008 American Manganese Inc. completed the assembly of all target properties in the Artillery Peak manganese district.  The properties in Mohave County, Arizona encompass historical open-pit and underground mines that produced manganese from 1928 to 1955 for delivery to various steel mills and U.S. government strategic materials stockpiles. Drilling and metallurgical testing programs were executed and an updated NI 43-101 compliant Resource Calculation in 2009 indicates a manganese resource in excess of 100 million tonnes, with Indicated and Inferred resources of 10+ billion lb. manganese.

AMY has performed a Preliminary Economic Assessment of the viability of exploiting the reported resource. The report concludes positively, calculating a cash cost of production at $0.44 per pound. The total “all in” cost is calculated at $0.63. The total capital expenditure is calculated at $90,000,000.

In December 2009 AMY reported metallurgical tests performed by Kemetco provided a proof of concept on the sulfurous acid method of extraction. The report states a process based on the early work of the U.S. Bureau of Mines, development work by Jim Lake of former Vice President at Hazen Research and Kemetco be used for producing Electrolytic Manganese Metal from the samples of Artillery Peak.

Other Properties

Niobium Property/British Columbia

The Virgil and Lonnie carbonatite claims contain two showings defined by trenching (1970’s) with a combined strike length of 620 Meters (2,040 ft) and widths up to 40 meters grading 0.20% Niobium. A 56 meter chip sample on the Brent Carbonatite assayed .05% lanthanum, .03% neodymium and .15% titanium. AMY recently completed 5 diamond drill holes on a carbonatite 1km northwest of the Lonnie and assey results are pending.

IOCG Rocher Deboule Target

AMY’s IOCG target is located 10 km from Hazelton, BC. Hazelton is serviced by major highways, railroads and power lines. The IOCG Rocher Deboule property contains several mineral occurrences over a 12 kilometer east, west direction. The original Rocher Deboule mine is a past producer and mined approximately 52,700 tons grading 6% copper, .09 oz/t Au, 1.6 oz/t Ag and minor Pb/Zn.

Management

• Larry W. Reaugh – President & CEO, Director - President and Chief Executive Officer of American Manganese Inc. from February 13, 1998 to present. Mr. Reaugh has forty-six years’ experience in the mining industry and for the past thirty years he has been the CEO & President of several exploration, development and producing mining companies listed on the TSX, TSX Venture and NSDAQ exchanges. Several of his companies have made significant discoveries, three of which (gold) went on to be producing mines. Through his career Mr. Reaugh has raised in excess of $250 million for junior resource mining companies. Currently he is the CEO of three public companies which fall under the aegis of The Reaugh Group: American Manganese Inc., Goldrea Resources Inc., and Molycor Gold Corp.
• Andris Kikauka – P.Eng, Director - Director for American Manganese Inc., Mr. Kikauka is a graduate of Brock University, St. Catharines, Ont., with an Honours Bachelor of Science Degree in Geological Sciences, 1980. He is a member of the Geological Association of Canada (F5717). He is registered in the Province of British Columbia as a Professional Geoscientist). Andris has practiced his profession for twenty years in precious and base metal exploration in the Cordilllera of Western Canada working for Anaconda Canada Exploration (1980-1984), Skyline Explorations, Inel Resources, Gulf International Minerals (1985-1989), in South America working for Carson Gold (1990), in Mexico and Guatemala working mineral exploration projects for Francisco Gold and Almaden Minerals (1996-2006) and for three years in uranium exploration in the Canadian Shield working for Rayrock Mines and Uran-Canada (1977-1979).
• Edward Lee – Director - Director for American Manganese Inc., Ed Lee is also President and director of Molycor Gold Corp., a director for Goldrea Resources Corp. and a former director and Vice President of corporate development for Adanac Molybdenum Corp. Mr. Lee is an entrepreneur in private business in northern B.C. Mr. Lee has 11 years experience in the assistance of financing and corporate development of public companies.
• Paul Hildebrand – Director - Director for American Manganese Inc., Paul Hildebrand is a lawyer with 25 years of experience in private law practice.
• Dr. Anthony E. Santelli – Director - Director for American Manganese Inc., Dr. Anthony E. Santelli II is the Founder and Portfolio Manager of AES Capital, a hedge fund management company. Since 2001, he has also been the Chief Executive Officer of AES Financial Advisors, LLC, specializing in raising capital, asset appreciation, acquisitions and divestitures, and strategic and financial advice. Over the years he has developed particular expertise in the metals, precious metals, energy and alternative energy sectors. Previously, he was the CFO of Haber, Inc., a chemical process company that extracts precious metals from ore and electronic waste. Dr. Santelli has an M.A. and PhD in economics from George Mason University, performed graduate work at NYU in economics and finance, and received a B.S. in engineering from Cornell University, 1987. Anthony Santelli has taught economics and finance at Union College and George Mason University. Prior to obtaining his M.A. and Ph.D., he had been a Senior Consultant for Andersen Consulting, now called Accenture.
• Teresa Piorun – Officer - Teresa Piorun, Corporate Secretary for American Manganese Inc. has been with the group of companies for twenty-one years. Ms. Piroun is a senior corporate officer with wide-ranging responsibilities, serving as a focal point for communication with the board of directors, senior management and the company’s shareholders, and occupies a key role in the administration of critical corporate matters. She is the confidant and advisor to the Chief Executive Officer and other members of senior management, particularly on corporate governance affairs.
• Kenneth Wright – Chief Financial Officer - Kenneth Wright, Chief Financial Officer for American Manganese Inc. brings to the Company over 37 years of accounting experience, with the last eighteen years as an associate with BDO Dunwoody LLP. His extensive experience has seen him serve as Coordinating Board Member for C.G.A. courses with the University of Caledonia and past auditor of the Okanagan Chapter of the C.G.A. Association of British Columbia.

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