American Manganese Inc (CVE:AMY) (OTCMKTS:AMYZF) (FRA:2AM) reports that the Rocher Deboule IP (induced polarization) geophysical crew will test “Vent Zone” iron oxide-copper-gold (IOCG) targets, with drilling expected to follow on the Rocher Deboule copper-gold property.
The company said the Rocher Deboule deposit has had historic production of 36,457 tonnes containing 2,167,780 grams of silver, 133,676 grams of gold and 2,557,433 kilograms of copper between 1915 and 1929.
It added that recent fieldwork involving rock and soil sampling of the western portion of the claims has revealed the potential for IOCG deposit types about 1-2 kilometers (km) west of the historic production.
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American Manganese said the Victoria No 3 Vein trends west towards Upper Cretaceous Kasalka Fm volcanic-hosted garnetsericite-illite-quartz-calcite-chlorite-actinolite alteration in an area, where its fieldwork in 2019 identified a well-defined redox-cell soil-gas hydrocarbon (SGH) anomaly and in addition to the IOCG targets, IOCG-related geochemical anomalies, including elevated findings of several rare earth elements (lanthanum and cerium).
The Vent Zone (redox cell) is located about 1-2km west of historic mine production, and American Manganese said it plans to test the area IP geophysical surveying.
The company anticipates drilling the geophysical targets identified in the survey after the IP survey is completed, as well as the high-grade portions of the No 2 and No 4 Veins of the Rocher Deboule, which is located south of New Hazelton, British Columbia.
Approval of the proposed work is subject to a pending permit application with First Nation and Ministry of Energy, Mines and Low Carbon Innovation, American Manganese noted.
And the proposed drilling will have a minimal footprint of disturbance because there are no access trails and roads required. All the drill moves will involve a helicopter to move the drill rig, with core storage located on a secure private property.
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