Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors

Amur Minerals focused on Kun-Manie resource upgrades

The 2017 field programme includes 10,000 metres of planned resource drilling at Kubuk and 5,000 metres of planned resource drilling at IKEN.
picture of nickel rolls
Amur wants to upgrade inferred to indicated resource

Amur Minerals PLC (LON:AMC) says objectives of this year summer exploration programme at Kubuk is to convert 10.9mln tonnes of inferred resources to indicated, step drilling and the acquisition of metallurgical bulk sample.

At Ikenskoe/Sobolevsky, anothertarget at the Kun-Manie nickel project in Far East Russia, the aim is to undertake step out drilling in the direction of Kubuk and to also collect a bulk metallurgical sample.

The 2017 field programme includes 10,000 metres of planned resource drilling at Kubuk and 5,000 metres of planned resource drilling at IKEN. 

Sufficient supplies for 20,000 metres have been delivered to the project site.

At the end of 2016, cash reserves were US$8.2mln. There was a loss for the year of US$5.77mln.

View full AMC profile View Profile

Amur Minerals Corporation Timeline

Related Articles

16668046609_6afa3678c2_o.jpg
July 17 2017
Recent estimates from independent consultants put the cost of nickel extraction at less than US$2 per pound, meaning that there ought to be plenty of margin on offer, as nickel is currently trading at around US$4.00
shutterstock_255801724_59678d3bd1c1d.jpg
July 13 2017
Global Energy Metals is making serious inroads into the cobalt space....

© Proactive Investors 2017

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use