Total Measured and Indicated Resource Doubled Since April 2015
Amur Minerals Corporation (“Amur” or the “Company”), the nickel-copper sulphide mineral exploration and resource development company focused on the far east of Russia, is pleased to announce that the independent resource update of the Kubuk nickel-copper deposit at its Kun-Manie project located in Russia has been completed by SRK Consulting (UK) Ltd (“SRK”).
This completes the resource evaluation phase for the Definitive Feasibility Study (“DFS”) providing a fully updated set of resource estimates for the four deposits from which production is planned. The results for each of the deposits are suitable for use in the definition of reserves in accordance with JORC (December 2012) standards. Metallurgical grade recovery curves for each deposit are being updated by SGS Minerals (“SGS”) for use in the determination of the recoverable metal to be extracted by the ore treatment facility which will generate a concentrate suitable for smelting.