Amur Minerals Corporation (“Amur” or the “Company”), a nickel-copper sulphide mineral exploration and resource development company focused on the Far East of Russia, is pleased to provide its final 2018 field programme update at its wholly owned Kun-Manie nickel copper sulphide project (“Kun-Manie” or “the Project”).
Designed as a two-stage programme with priority and secondary objectives established, the drill programme has now been successfully completed with all objectives attained. Key objectives included drilling per Russian agency requirements allowing for the compilation of a TEO (Russian Feasibility Study) for use in its application for necessary mining permits, drilling to convert approximately 25.0 million tonnes of existing Inferred resources to that of Indicated, identification of new resources drilled at an Indicated drill spacing for determination of a life of mine Mining Ore Reserves (“MOR”) for future study updates and the acquisition of additional representative metallurgical bulk sample for final flow sheet and plant design determination. All results will provide valuable input into the development of a project financing structure.