19,785 Drilled Metres Costing Approximately $40 Per Metre
Amur Minerals Corporation (“Amur” or the “Company”), a far east Russian sulphide nickel copper explorer, is pleased to announce the completion of its highly successful and cost effective 2016 field season on its flagship Kun-Manie nickel copper sulphide project.
A total of 19,785 metres of drilling was completed, resulting in the expansion of the length of the Maly Kurumkon / Flangovy (“MKF”) deposit from 2,100 metres to a total length of 3,000 metres. In addition to the record drill season, further activities were completed during the season. These included a phase one survey of water sources for ore processing, selection of the final access road corridor and additional trench work to identify further resource potential at Kubuk. The total unaudited operating cost for the season is US$1.68 million, which includes the winter ice road mobilisation cost of US$122,000.