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Amur Minerals Corp.
Summary
| Project: | Kun-Manie | |
|---|---|---|
| Deposit: | Kubuk | |
| Location: | Russia | |
| Commodities: | Nickel-Copper-Cobalt-Platinum-Palladium | |
| Date: | 7/28/2017 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-7-2017: Amur Minerals Corp. announces an Exploration/Drilling Update report for its Kubuk deposit at the Kun-Manie project. Drilling results incl. 14.1m @ 0.81% ni, 0.15% Cu from 407.4m. Amur Minerals Corporation (“Amur” or the “Company”), a nickel-cop | |
| Resources: | (Resource, Total): 14.5Mt @ 0.77% Ni, 0.2% Cu, 0.016% Co, 0.16g/t Pt, 0.15g/t Pd at Kubuk | |
| CP/QP: | [Overall Report]: Robin Young (Internal) | |
| ABSTRACT: | Amur Minerals Corporation (“Amur” or the “Company”), a nickel-copper sulphide mineral exploration and resource development company focused on its Kun-Manie project in the Russian Far East, is pleased to provide an update on its drill results for the Kubuk (“KUB”) deposit. Drill results from 30 June 2017 through to 21 July 2017 continue to expand the resource westward towards the Ikenskoe / Sobolevsky (“IKEN”) deposit. Drilling, at a spacing used by RPMGlobal Asia Limited (“RPM”) to identify Indicated resources, has extended the 10 February 2017 resource limits in both the strike and dip directions. The newly defined mineralisation has an average thickness per drill hole (10) of 14.3 metres (21.5 metres – resource model) averaging 0.78% nickel (0.80% - resource model) and 0.20% copper (0.20% - resource model). This newly defined mineralisation has the potential to significantly expand the underground mining potential at Kubuk. The ongoing resource expansion drill phase at KUB has been highly successful with probable conversion of Inferred resource to that of Indicated and the identification of additional contiguous economic grades of mineralisation being identified in both the eastern and western directions from the 10 February 2017 resource model. Drilling continues at the IKEN deposit progressing eastward toward the KUB deposit. Results from the IKEN drill programme are reported in separate RNS releases. | |
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