Amur Minerals Corporation (AIM: AMC) is pleased to announce that the Russian Federal Agency for Resources (“Rosnedra”) has issued the final certificate of discovery for the Kun Manie nickel-copper sulphide project located in the Russian Far East. This Certificate allows the Company, through its ZAO Kun-Manie subsidiary, to apply for a mining permit on the presently drilled reserves.
The certificate of discovery follows the previously announced approval of Kun-Manie’s reserves by the State Committee on Reserves. The certified reserves are located within the Vodorazdelny and Ikenskoe deposits. In the near future, the Company plans to file for inclusion of the reserves in the Maly Krumkon area as well. Russian law requires that the certificate of discovery confers an exclusive right to negotiate a 20 year mining licence in the area of the discovery. ZAO Kun-Manie is currently preparing an application for this licence.
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