Amur Minerals Corporation (AIM: AMC), the nickel-copper sulphide exploration and resource development company focused on the far east of Russia, is pleased to provide an update on the status of its application for a mining licence on its Kun-Manie nickel copper sulphide project.
The Company has been notified by the Ministry of Natural Resources that its application for the mining licence is under review. Key considerations and highlights follow:
- On 20 December 2012, the Company informed shareholders that Rosnedra had assumed the oversight responsibility for the calculation of the one off payment to convert a portion of the exploration licence area to that of a mining licence. This defined area contains all drilled resources and reserves identified to date.
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