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Project: | Kun-Maine | |
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Deposit: | Kun-Manie | |
Location: | Russia | |
Commodities: | Nickel-Copper-Cobalt-Platinum-Palladium | |
Date: | 6/26/2017 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 26-6-2017: Amur Minerals Corp. announces an Exploration/Drilling Update report for its Kun-Manie deposit at the Kun-Maine project. Drilling results incl. 29.3m @ 1.04% Ni, 0.28% Cu from 196.6m. Amur Minerals Corporation ("Amur" or the "Company"), a nickel | |
Resources: | (not mentioned in this report) | |
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 the far east of Russia, is pleased to report its first set of drill results at its Ikenskoe / Sobolevsky ("IKEN") deposit. Included all results from drilling startup 5 May 2017 through 23 June 2017, an expansion of 500 metres has already been identified averaging nearly 1.0% nickel and 0.3% copper. Substantial expansion remains to be tested to the southeast, along strike in the direction of the Kubuk deposit. The Company is presently drilling its Kubuk ("KUB") deposit with results scheduled for reporting during the week of 3 July 2017. Analytical results reported within this RNS are internally generated by the Company using two Niton XL2 500 X-Ray Fluorescence units ("RFA"). Having been calibrated and verified, the Company uses these promptly generated onsite results to guide our decisions for drill site selection providing a cost effective approach with regard to total drill costs. These RFA results are preliminary in nature and are ultimately replaced by independently verified Alex Stewart Laboratories ("ASL") results which are used in the derivation of MRE's. The RFA results are based on a rigorous and daily implemented calibration protocol which has historically confirmed the Company results are within 5% of the ASL final results for nickel and copper. By reporting these results, Amur can provide timely results related to our drilling as the final and official ASL results lag from 6 to 10 weeks behind. Once ASL results are verified, the ASL results replace the RFA results and the ASL results will be reported in future RNS releases. Presently, the first batch of samples for 13 of the IKEN holes is in transit to the Moscow, Russia located ASL facility. | |
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