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Amur Minerals Corp.
Summary
| Project: | Kun-Manie | |
|---|---|---|
| Deposit: | Maly Kurumkon, Flangovy | |
| Location: | Russia | |
| Commodities: | Nickel-Copper | |
| Date: | 8/18/2016 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 18-8-2016: Amur Minerals Corp. announces an Exploration/Drilling Update report for its Maly Kurumkon, Flangovy deposit at the Kun-Manie project. Drilling results incl. 68.4m @ 0.93% Ni, 0.24% Cu from 74.9m (0.2% Ni cut-off). explorer, is pleased to provid | |
| Resources: | ||
| CP/QP: | [Overall Report]: Robin Young (Internal) | |
| ABSTRACT: | explorer, is pleased to provide an update on the 2016 drill results from its Maly Kurumkon / Flangovy (“MKF”) drill programme at Kun-Manie. An early start to the drilling season, combined with higher than planned drill rates, has enabled the Company to complete a total of 54 holes (11,978.3 metres) as of 1 August 2016. A total of 34 resource definition holes have been completed and 2,100 metres of the current MKF 2,500 metre length is now considered to be completely drilled for resource and reserve determination (based on parameters previously used by SRK Consulting Ltd (“SRK”). This 2,100 metre length also includes 400 metres of newly discovered resource extension located at the western limit of the deposit. All of the planned 20 metallurgical drill holes (3,959 metres) have also been completed, providing a 6.9 tonne bulk metallurgical sample. A full 3 months ahead of schedule, these samples have already been airlifted off the project site and are being inventoried and sorted in the Company’s core storage facility in Khabarvosk. This bulk metallurgical sample will be used for the evaluation of the metallurgical response of the MKF ore, which is a key element for the Definitive Feasibility Study (“DFS”). This metallurgical testwork leads to the defining of recoveries, flowsheet design, process plant design, assessment of the final composition of the concentrate and determination of the suitability of the Company to construct its own smelter / furnace for the generation of a salable product on the international market. | |
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