Chairman’s Statement
Dear Shareholder,
Amur Minerals Corporation continues to advance and thrive in what is still a very difficult financing environment for the junior mining sector. During the period, we have identified two significant targets for the potential expansion of resources at Kun-Manie. Due to a combination of good planning, existing inventory of supplies at the site and aggressive pursuit of VAT refunds, we have been able to initiate a field campaign, as opposed to 2009 where our focus was on preparing the documentation for our mining licence submission. The limited field work we have performed already in 2010 has paid dividends, with a new drill target confirmed and other potential expansions adjacent to our existing deposits identified at Kun-Manie. We have continued to reduce our administrative expenses, as well as reducing our current payables in line with our cash resources. Subsequent to the reporting period, we attracted additional capital, some of which was through an innovative structure. We have now received an extension to our Kun-Manie exploration licence to the end of 2012 and remain confident that the mining licence will be awarded in due course.
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