Kun-Manie – Ni, Cu Sulphide Deposit
Amur Minerals Corporation is currently focused on its primary project, the Kun-Manie licence, in the far east of Russia, a region rich in mineral resources. Read more
The Kun-Manie nickel copper sulphide project is located within the Amur Oblast of the Russian Far East. The “Detailed Exploration and Production Licence” is 700 km northeast of the capital city of Blagoveshchensk located on the Chinese border. The licence and additional key rights to the project consist of and includes the following:
- A Certificate of Discovery issued in 2009 which grants the Company the first right of refusal for development of the project. This has been issued by the State Committee on Reserves (GKZ).
- 20 year period production rights ending 1 July 2035. Production rights can be extended on the discovery of additional economic mineralisation. The Company is entitled to recover 100% of the nickel, copper, cobalt, platinum, palladium, gold and silver over the 36 square kilometre “Detailed Exploration and Production Licence” area. Should additional mineralisation be located outside the licence area, the boundaries can be expanded through the State Licensing Agency.
- Prior to acquisition of the “Detailed Exploration and Production Licence”, the Company held a 940 square kilometer “Exploration Licence”. The area located outside of the “Detailed Exploration and Production Licence” area has been returned to the Russian Federation. The Company maintains no rights to the ceded area and there are no obligations incumbent upon AMC.