www.amurminerals.com
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.
Amur Minerals Corporation: Soil sampling reveals additional drill targets at Kun-Manie
Amur Minerals Corporation (LON:AMC) says there is 'substantial' potential to expand resources at its flagship Kun-Manie project after completing the first phase of its 2011 exploration programme there.
An extensive soil sampling programme has expanded the known drill targets and defined many others, the firm said today.
It plans to carry out further trenching and to drill the better anomalies at the project in eastern Russia next year.
The sampling programme covered two areas - the Krumkon Trend and Yan Hegde, 10km northeast. The Krumkon trend contains three deposits: Maly Krumkon, Vodorazdelny and Ikenskoe.
The firm outlined the following target areas: Chorney Ispelene, at the northwest of the sampled area, showed an anomaly that is up to 1,000 metres in length.
At Maly Krumkon, which contains a JORC drilled resource with a total length of around 1,000 metres, it was indicated that mineralisation could continue for another 1,250 metres to the southeast - this extension is referred to as the Flangovy area.
Gorni contains two drill holes which intersect two mineralised horizons of nickel and copper and limited treching showed the zone may extend to the northwest toward the Maly Krumkon - Flangovy area, said the company.
Voderazdelny includes the deposits referred to as the Cap and Triangle, and JORC drilled resources have been defined here. There is a large and intense anomaly overlying the outcropping Voderazdelny deposits which extends downhill toward the east, said Amur.
Further trenching and drilling are required east of the Cap deposit at Vodorazdelny, similarly to the south of the Ikenskoe area.
Kubuk is the the last defined anomaly to the east along the Krumkon trend and an intense anomaly up to 1,000 metres in length which corresponds to the mineralisation identified in the historical trenches was identified.
Finally, Yan Hegde is 10 kilometres to the northeast of the Krumkon trend and previous work here had indicated rock types that host nickel and copper.
The soil sampling programme defined a large anomaly covering an area of about 3.5 to 4.0 sq km and trenching and drilling are needed in the anomalous area during 2012.
