Amur Minerals Corporation (“Amur” or the “Company”), the nickel-copper sulphide mineral exploration and resource development company focused on the far east of Russia, is pleased to announce that Runge, Pincock, Minarco (“RPM”) has completed a comprehensive resource update. The results show an increase on the Mineral Resource Estimate (“MRE”) for the four largest nickel-copper sulphide deposits located within the Kun-Manie mining licence.
Highlights:
- The global Kun-Manie resource is 101.3 million ore tonnes having a nickel equivalent (“Ni Eq”) grade of 1.03% equating to a total of 1.04 million equivalent tonnes of nickel based on 1 February 2017 metal pricing with a total in-situ value estimated to be US$10.5 billion.