13 June 2011
Amur Minerals Corporation
("Amur" or "the Company")
2011 Field Work Underway At Kun-Manie
Amur Minerals Corporation (AIM: AMC) announces today that exploration has been resumed on its Kun-Manie nickel copper sulphide project located in the far east of Russia. Presently, crews are working in the areas of Maly Krumkon, Kubuk and Ikenskoe deposits. Geochemical sampling, ground based geophysical surveys, trenching and drill road construction have all been initiated.
In addition, the Company plans to undertake engineering works including verification assaying for metallurgical sample selection, detailed metallurgical test work, resource and reserve updates along with production optimisation of the drilled reserves. Environmental studies will also be initiated. The exploration and engineering work will be focused on the mining licence area that is presently under review by the Ministry of Economic Development.
Concurrent with the implementation of the field season, the Company has interviewed various qualified Russian and international engineering and construction companies. From this process, a short list of organisations skilled in base metal extraction and remote project construction will be identified and requested to bid on engineering and construction related activities.
Technical presentations to potential contractors are in progress, with the most recent occurring this past week in Blagoveshchesk, Amur Oblast. The Company's ZAO Kun-Manie Managing Director presented the technical aspects of the Kun-Manie project to a construction delegation composed of several companies based in South Korea. Representatives of the Amur Oblast government who had assisted in setting up the open forum were also present, as was another resource company which presented its coal project. Follow up discussions will be scheduled with organisations that are qualified to undertake work on Kun-Manie.
Enquiries:
Company Amur Minerals Corp. |
Nomad and Joint Broker RBC Capital Markets |
Broker Hybridan LLP |
Public Relations Lothbury Financial Services |
Robin Young |
Martin Eales |
Claire Noyce |
Michael Padley |
CEO |
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+44 (0) 7981 126 818 |
+44 (0) 20 7029 7881 |
+44 (0) 20 7947 4350 |
+44 (0) 20 7868 2010 |