Amur Minerals Corporation (AMC) is a rapidly-growing mineral resource exploration and development company focused on base metal projects located in the far east of Russia. The Company has three properties in the region with its principal asset being the Kun-Manie sulphide nickel, copper project located in Amur Oblast. With a JORC compliant resource of over a quarter of a million tons of contained nickel, Kun-Manie is one of the five largest new nickel sulphide discoveries since Voisey’s Bay.
07/02/12
Subscription and Update23/01/12
Broker Appointment11/01/12
Price Monitoring Extension16/12/11
Non-Executive Directors Dealings21/11/11
Phase I Exploration Results
05/09/11
At the moment the group’s main focus is an ongoing exploration programme that will increase confidence, and ultimately the size, of the Kun Manie resource. Young also points out that the approval of the mining licence will be another future catalyst for the group’s shares.
14/06/10
A road cut south of the Ikenskoe main deposit exposed what could be a further expansion of the known mineralisation. Test results from samples are pending.
09/09/09
In a very difficult market, Amur have also been successful in raising US$3 million in cash and marketable securities through a series of transactions, and now have sufficient cash to keep them in funds until the Spring of 2010
05/03/08
01/11/07
07/02/12
Amur Minerals raising £5.48 mln via share subscription to accelerate Kun-Manie03/02/12
Amur Minerals may be developing rare district scale nickel project, says Edison21/11/11
Amur Minerals Corporation: Soil sampling reveals additional drill targets at Kun-Manie31/10/11
Amur Minerals’ Kun Manie nickel project moves forward with completed valuation report28/09/11
Amur Minerals steps up progress in Far East Russia
15/12/2011
29/09/2011
28/09/2011
22/07/2010
28/03/2008
Amur Minerals currently has three projects in the far east of Russia, a region rich in mineral resources.
Kun-Manie - Ni, Cu sulphide deposit
Kustak - Ni, Cu, Mo extension of the Kun-Manie license, a 20 year exploration and mining licence
Anadjakan - copper gold exploration license, potential copper porphyry system
Kun-Manie
The Kun-Manie licence area is approximately 950 km² and is located 700 km northeast of the capital city of Blagoveshchensk located on the Chinese border. Amur Minerals commenced seasonal field work on the licence in 2004 and has already established total measured, indicated and inferred resources of over 250,000 tones of contained nickel and 72,500 tons of copper.
Kustak
In February 2007, Amur acquired the Kustakskaya Project, immediately to the east of the Kun-Manie licence and across the Amur Oblast and Khabarovsk Krai border. This 1,034 square kilometre, 25 year exploration and production licence contains two geological terrains. Each terrain contains a different mineralisation type target. The southern half of the licence is interpreted to be a continuation of the Krumkon Trend identified within the Kun-Manie exploration licence. The northern half of the licence area contains Mesozoic granitic intrusives wherein historical Russian results indicate the potential for copper, molybdenum, cobalt and minor nickel to be present. The Company will undertake field exploration of this licence area in 2008 in accordance with the terms of the licence.
Anadjakan
The Anadjakan licence covers an area of 250 square kilometres and is valid for a term of five years, convertible to a 20 year mining licence following a commercial discovery.
The licence is located in the Khabarovsk region and is readily accessible by maintained roads with abundant nearby infrastructure. The area was explored by various groups during Soviet times, most recently in 1991.
Mr Savage is a founder of Frontier Mining Limited and served as a
Robert Schafer, Chairman (Non-Executive)
Mr Schafer has 29 years of experience in the mineral industry, working in the international sector with both major and junior mining companies. He is currently Vice-President, Business Development with Hunter Dickinson Inc., a globally active private natural resources corporation. Throughout his career Mr Schafer has worked internationally, with notable experience in the far east of Russia, Southern Africa, South America and Australia. His work has included the structuring and implementation of successful exploration strategies, project reviews and valuations leading to acquisitions, and the management of local and expatriate exploration teams operating in a wide variety of geologic environments.
Robin Young, Chief Executive Officer
Mr Young is a geologist and mining engineer who has worked extensively in the CIS since 1991. He has 30 years of experience in the mineral resources industry overall, which has included large projects in remote areas as well as significant work with junior mining companies. He has held positions of increasing responsibility within the exploration, development and production sectors. Since 1980, he has been involved in the international sector and has been the Chief Executive Officer of two geological and mining consultancy companies. He has been CEO of the Company since October 2004. Mr. Young is a licensed Professional Geologist and holds a Bachelor of Science degree in Geological Engineering.
Brian Savage, Non-Executive Director
Director since that company’s formation in August 1998, acting as Chief Executive Officer between 2001 and 2009. He has 20 years’ experience in all aspects of the mining industry, having held senior positions in the Bank of New York, Sharps Pixley and the Bank of Montreal. In 1996, he become President of Earth Search Sciences Inc (ESSI), a remote sensing company with applications in the mining industry, playing a major role in the Remote Sensing Mission to Kazakhstan (sponsored by the U.S. Government) and formed several joint venture companies in Kazakhstan. Mr Savage left ESSI in 1998 and formed Frontier, having acquired the relevant data and local rights to the ESSI findings. He has a BSc in Mining Engineering and an MSc in Mineral Economics from the Colorado School of
Registrars
Capita IRG (Offshore) Ltd
Victoria Chambers
Liberation Square
1/3 The Esplanade
St. Helier
Jersey JE4 0FK
Channel Islands
Khabarovsk
Robin Young
14 Gaidar Street
Office 9
Khabarovsk 680063
Russia
Telephone: +7 4212 755 615
e-mail: rjyoung@amurminerals.com
Director Holdings
Nominee Shareholder
Ordinary Shares Held
Percent Ordinary Shares
HSDL NOMINEES LIMITED
40,778,903
14.68%
TD WATERHOUSE NOMINEES (EUROPE)
36,150,770
13.01%
BARCLAYSHARE NOMINEES LIMITED
24,798,791
8.92%
KAS NOMINEES LIMITED
24,296,907
8.74%
HSBC GLOBAL CUSTODY NOMINEE (UK)
18,662,170
6.72%
JAMES CAPEL (NOMINEES) LIMITED
17,641,987
6.35%
HARGREAVES LANSDOWN (NOMINEES)
14,650,546
5.27%
L R NOMINEES LIMITED
14,574,842
5.25%
VIDACOS NOMINEES LIMITED
10,485,702
3.77%
Ordinary Shares Held
Allocated Share Options
Robin Young - CEO
1,587,160
4,086,000
Robert Schafer - Board Chairman
33,333
2,454,000
Brian Savage - Non Executive Board
-
1,600,000
TOTAL
1,620,493
8,140,000
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