Amur Minerals Corporation
04 December 2006
4 December 2006
Amur Minerals Corporation
(AIM: AMC)
Appointment of Nominated Adviser and Broker
Amur Minerals Corporation ('Amur') has today appointed RBC Capital Markets
('RBC') as the Company's Nominated Adviser and Broker.
Robin Young, Amur's Chief Executive Officer, commented: 'The appointment of RBC
will be of great benefit to Amur, enabling us to access their considerable
experience of the mining sector. It is also an important validation of Amur and
its prospects and we look forward to working closely with the RBC team.'
Enquiries:
Amur Minerals Corp. RBC Capital Markets Parkgreen Communications
Robin Young Andrew Smith Victoria Thomas
CEO Martin Eales
+44 (0) 7981 126 818 +44 (0) 20 7029 7881 +44 (0) 20 7493 3713
Notes to Editors
About Amur Minerals
The Amur Group's principal asset is the 100% owned Kun-Manie exploration
licence, a nickel-copper deposit located in the Amur Province in the far east of
the Russian Federation. The Kun-Manie licence area is approximately 950 km(2)
and is located 700 km northeast of the capital city of Blagoveshchensk and is
750km north of the Chinese border. In April 2004 ZAO Kun-Manie, a wholly owned
subsidiary of Amur, was granted a licence to explore for nickel and related
metals, including copper and platinum, in respect of the Kun-Manie licence.
Work carried out to date on the Kun-Manie licence including diamond core
drilling, trenching and geological mapping has identified four mineralised
targets, the Vodorazdelny, Ikenskoe, Maly Krumkon and Falcon zones each of which
warrant further exploration. The four zones are located within a 15 kilometer
long segment of the 40 kilometre long Krumkon Trend. This trend is the primary
exploration target within the licence area. An additional two targets
identified as Chornie Ispelene and Kubuk have been identified within the trend
and also require additional geological investigation and drilling. In
combination, the six zones are located along approximately 50% of the length of
the Krumkon Trend. The remainder of the trend also contains additional
potential based on geochemical sampling and geological mapping which has
identified anomalously mineralized host structures needing additional
reconnaissance and detailed exploration work.
To date, detailed exploration and an independently calculated resource estimate
compiled by SRK Consulting indicates the presence of Indicated and Inferred
resources. These are contained within the three deposits, the Vodorazdelny,
Ikenskoe and Maly Krumkon zones. An update to the Competent Person's Report
within the Amur Admission Document dated November 2006 now indicates these three
zones contain a total of 57.1Mt at a mean grade of 0.45% nickel, yielding
259,000 tonnes of contained nickel; 0.13% copper, containing 73,700 tonnes of
contained copper. Presently, SRK Consulting (the Competent Person) is updating
the resource estimate using the exploration drilling and trenching results
obtained during the 2006 exploration field season.
Amur also owns the Anadjakan gold-copper exploration licence in Kharaborvsk Krai
near the well infrastructured city of Elban.
About RBC Capital Markets
RBC Capital Markets is one of the world's preeminent investment banks delivering
financial and advisory services to the mining and metals industries. Their
global approach parallels the international scope of our clients, providing an
in-depth understanding of the industry and our clients' needs, thereby enhancing
our ability to provide unique and value-added ideas.
RBC's team of nearly 50 research analysts, sales and trading specialists and
investment bankers dedicated to the global mining sector enables them to provide
unique solutions to meet the specialised needs of growing and mature companies
in the industry. With extensive international expertise, they are experienced
advisors on the TSX, ASX, AIM and the LSE.
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