Kun-Manie Resource Expansion

Amur Minerals Corporation
12 November 2007


12 November 2007



                           Amur Minerals Corporation

                           ('Amur' or 'the Company')

           Potential significant expansion of the Kun-Manie resource

Amur Minerals Corporation (AIM: AMC), an exploration and development company
focused on East Russia, is pleased to announce its first comprehensive set of
drilling results for 2007 on the Kun-Manie nickel copper project.

These very positive results have been derived exclusively from a programme of
step out and infill core drilling at the Maly Krumkon deposit. The drill
programme was designed to both expand upon and upgrade the previously reported
JORC-compliant Inferred Resource to an Indicated Resource. The increased
thickness indicated by the drilling could result in a more than doubling of the
resource at Maly Krumkon.


The drilling results indicate the following:


   •The average thickness of the 700 metre long drilled area has been
    increased from 21 metres to 30 metres, in true thickness. This is an
    increase of approximately 50% over the 2006 drill results;

   •The average drill intercept grades for this area are 0.53% Nickel, 0.15%
    Copper and 0.011% Cobalt respectively; and

   •The core area of the Maly Krumkon deposit contains a pod of
    mineralisation that is 300 metres in length and has a true thickness in
    excess of 45 metres, with its central core approaching 60 metres in
    thickness. The average depth to the top of this pod is 61 metres.


Robin Young, Amur's Chief Executive Officer, commented:

'The drill programme has confirmed the continuity of the Maly Krumkon
mineralisation and identified a very thick pod of mineralisation at its centre.
This bulge alone is larger than the entire Vodorazdelny deposit at Kun-Manie,
and has significant implications for the project economics.

'Following the significant increase in the scale of the deposit, the Board is
currently reviewing whether the development of the Maly Krumkon deposit ahead of
that at Ikenskoe will enhance the overall potential of the Kun-Manie project.'

'A new resource estimate is being compiled that is expected to show a
significant increase over last year's Maly Krumkon estimate of 11.0 million
tonnes of Inferred resource containing 50,000 tonnes of nickel.


The information contained in this announcement has been reviewed and approved by
the CEO of Amur, Robin Young. Mr. Young is a Geological Engineer (cum laude) and
is a Qualified Professional Geologist, as defined by the Toronto and Vancouver
Stock Exchanges.


Enquiries:

Amur Minerals     Co-Broker                Nomad and          Public Relations
Corp.                                      Co-Broker
                  Fox-Davies Capital       RBC Capital        Bankside
                  Limited                  Markets
Robin Young       Daniel Fox-Davies        Andrew Smith       Michael Padley
CEO                                        Martin Eales

+44 (0) 7981
126 818           [phone]     [phone]    [phone]
                                           7881               8881


Details of drill programme


Kun-Manie Drill Exploration Summary


The global 2007 exploration drill programme was designed to accomplish three
objectives. These included resource expansion, in fill drilling and condemnation
drilling. The programme's broad scope reflects the variously advanced drill
stages on the three deposits from which the Company is reporting resources.
Specific to this release, the Maly Krumkon programme falls within the resource
expansion phase.

The Maly Krumkon deposit is the furthest west of the three deposits from which
the Company reports resources at Kun-Manie, its flagship project. The zone can
be observed in outcrop over a linear distance approaching three kilometres.
Based on geological mapping, limited trenching and a total of 14 drill holes
from which analytical results are available, Maly Krumkon dips from 25 to 65
degrees to the northeast and strikes approximately 70 degrees northwest.

The 2007 resource expansion programme targeted the area between the two drill
sections completed in 2006, which were located approximately 700 metres apart.
The four holes from 2006 indicated the true thickness of the mineralisation was
in the order of 21 metres averaging 0.57% Ni and 0.16% Cu. Results for the 10
holes have significantly upgraded the resource and its potential. The
comprehensive drill data set now indicates that the average true thickness is
more than 30 metres and the average nickel and copper grades are 0.53% and
0.15%, respectively. Detailed results follow and are presented by drill section
location.


Drilling Results

                                    Drill Section 1
  Hole     From      To    Length    True     Ni %    Cu %     Co %    Vertical    Vertical
                                   Thickness                           Depth To    Stripping
                                                                       Ore (m)       Ratio
           (m)      (m)      (m)      (m)
  C101      9.4     36.9    27.5      24.1    0.41    0.14      NA          9          0.4
  C141     41.5     63.5    22.0      20.4    0.65    0.21    0.012        44          2.2
  C102     82.6    108.7    26.1      22.2    0.58    0.16    0.010        83          3.7
  C142    146.3    147.8     1.5       1.3    0.17    0.02    0.004       150        117.6
 Holes        4                       17.0    0.53    0.17    0.011        72          4.2
              
                  Drill Section 2 - Located 100 Metres West Of Drill Section 1
  Hole     From      To    Length    True     Ni %    Cu %     Co %    Vertical    Vertical
                                   Thickness                           Depth To    Stripping
                                                                       Ore (m)       Ratio
           (m)      (m)      (m)      (m)
 C143a     13.2     70.5    57.3      28.7    0.69    0.19    0.014        13          0.5
  C144     72.1    104.7    32.6      31.8    1.65    0.39    0.026        70          2.2
 C144a     89.4    116.7    27.3      21.3    0.51    0.16    0.010        85          4.0
 Holes        3                       27.3    1.01    0.26    0.019        56          2.1
             
                  Drill Section 3 - Located 200 Metres West Of Drill Section 2
  Hole     From      To    Length    True     Ni %    Cu %     Co %    Vertical    Vertical
                                   Thickness                           Depth To    Stripping
                                                                       Ore (m)       Ratio
           (m)      (m)      (m)      (m)
  C146     30.2     97.4    67.2      64.3    0.42    0.12    0.010        26          0.4
  C147    133.7    216.1    82.4      57.1    0.62    0.13    0.012       113          2.0
 Holes        2                       60.7    0.51    0.13    0.011        70          1.1
             
                  Drill Section 4 - Located 180 Metres West Of Drill Section 3
  Hole     From      To    Length    True     Ni %    Cu %     Co %    Vertical    Vertical
                                   Thickness                           Depth To    Stripping
                                                                       Ore (m)       Ratio
           (m)      (m)      (m)      (m)
  C148     14.8     68.5    53.7      39.2    0.41    0.15    0.009        15          0.4
  C149     54.5    109.5    55.0      37.3    0.71    0.20    0.014        49          1.3
 C150a    106.6    180.9    74.3      39.2    0.25    0.09    0.006       102          2.6
 Holes        3                       38.6    0.45    0.15    0.011        55          1.4
             
                  Drill Section 5 - Located 90 Metres To West Of Drill Section 4
  Hole     From      To    Length    True     Ni %    Cu %     Co %    Vertical    Vertical
                                   Thickness                           Depth To    Stripping
                                                                       Ore (m)       Ratio
           (m)      (m)      (m)      (m)
  C105     23.6     81.5    57.9      29.8    0.68    0.17    0.011        10          0.3
  C103                      
                            Results Available In December 2007
  C106    173.1    186.1    13.0       7.7    0.66    0.18    0.009       173         22.5
 Holes        2                       18.8    0.67    0.17    0.010        92          4.9

 Total       14                       30.3    0.53    0.15    0.011        67          2.2


N.B. The results from Drill Sections 3 and 4.

This information indicates that a very thick pod of mineralisation covering an
area approaching 300 metres in length. It is also located in a ridge that was
previously interpreted to be mostly waste. This provides the Company with a new
opportunity of improved economics within the open pit mining scenario envisioned
for this deposit which is one of three containing reportable resources.


ENDS



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