Amur Minerals Corp (LON:AMC) has told investors it expects to be very busy throughout the remainder of 2017.
The company, in its half yearly results, said it is aiming to complete and extend the drilling programme at the Kun Manie project and that work is expected to have a material impact on the economic potential of the mine.
WATCH: Amur Minerals looking at a material increase to current resource at Kun-Manie
Presently, Amur has so far drilled some 23,000 metres of drilling in the programme.
It will also help Amur complete an updated prefeasibility study.
Additionally, the company said it will continue to work closely with Medea as it continues to develop the near and long-term financing opportunities.
READ: Amur anticipates sizeable increase in nickel resource at Kun-Manie
The mine developer ended the period with US$5.4mln in cash reserves, and reported a US$1.3mln loss.