Amur Minerals Corporation (“Amur” or the “Company”), the nickel-copper sulphide exploration and development company focused on the far east of Russia, is pleased to announce the release of its Pre-Feasibility Study (“PFS”) on the Company’s Kun-Manie nickel-copper sulphide project (“Kun-Manie” or the “Project”).
The PFS is a significant milestone, reinforcing the Project’s technical and economic viability, and consolidates the Company’s commitment to delivering the best outcomes for the project and Amur’s shareholders. The PFS covers two production scenarios for an annual mining production rate of six million tonnes per annum. The first option is the Toll Smelt option (“TS Option”) which provides the swiftest path to revenue generation, where the concentrate is sold to a purchaser. The second option is where the Company constructs and operates an electric furnace / flash smelter (“FFS Option”) converting the concentrate to a Low Grade Matte (“LGM”) which allows for the capture of additional revenues from the by-product metals of copper, cobalt, platinum and palladium.