Amur Minerals Corporation (AIM: AMC), an exploration and development company focused on East Russia, announces that the Russian State Committee on Reserves (GKZ) has approved the first of a series of filings. This will lead to a mining permit for areas containing drilled reserves of the Kun-Manie project.
In December 2007, the Company filed a Russian pre-feasibility report prepared by SibTsvetMetNiiProject of Krasnoyarsk with the GKZ. This sets the cutoff grade for future reserve submissions and mine permitting at 0.2% Ni. At a hearing on 23 April 2008, a committee of experts appointed by the GKZ to review the submission approved the report. The minutes of this committee meeting will be published in due course.
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