|By Marketwired .||
|August 27, 2014 09:30 AM EDT||
HENDERSON, NV--(Marketwired - August 27, 2014) - American Magna Corp. (OTCQB: AMGC) is pleased to announce the addition of 23 new claims to the Bell Flat magnesium property bringing the total to 34 claims.
"This is a very exciting time for us at American Magna," said Carl Nesbitt, President & CEO of American Magna. "The addition of these new claims is a great foundation for our future developments on the Bell Flat."
The company plans to conduct a preliminary sampling and mapping program of the new claim areas, and additional sampling of several areas of Bell Flats. The sampling is intended to help define the mineralized region, and will be used to locate the optimal areas for a drilling campaign to define the resource.
Additionally, the samples will undergo mineralogical identification tests to identify the magnesium minerals present in the area. This information and results from acid-base accounting (ABA) tests will be used to find new markets for material from the deposit.
"Magnesium minerals can provide acid neutralization. We believe that some of the material at Bell Flats may be sold as pH amendment material to mines interested in controlling acid generation of waste dumps or heaps," said Nesbitt. Samples taken from various areas of Bell Flat will be used to determine its acid neutralization capacity in Humidity Cell and other ABA tests.
About American Magna Corp.
American Magna Corp. is a U.S. based magnesium exploration and development company. American Magna is publically traded on the OTCQB.
Forward Looking Statements
Disclaimer: This announcement may contain forward-looking statements which involve risks and uncertainties that include, among others, limited operating history, limited access to operating capital, factors detailed in the accuracy of geological and geophysical results including drilling and assay reports; the ability to close the acquisition of mineral exploration properties, and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. More information is included in the company's filings with the Securities and Exchange Commission, and may be accessed through the SEC's website at http://www.sec.gov.
American Magna Corp.
Email: [email protected]
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