Amur Minerals Regulatory News (AMC)

4 Dec 2006 07:01

Amur Minerals Corporation04 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 RBCwill be of great benefit to Amur, enabling us to access their considerableexperience of the mining sector. It is also an important validation of Amur andits prospects and we look forward to working closely with the RBC team." Enquiries: Amur Minerals Corp. RBC Capital Markets Parkgreen CommunicationsRobin Young Andrew Smith Victoria ThomasCEO 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 explorationlicence, a nickel-copper deposit located in the Amur Province in the far east ofthe 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 is750km north of the Chinese border. In April 2004 ZAO Kun-Manie, a wholly ownedsubsidiary of Amur, was granted a licence to explore for nickel and relatedmetals, including copper and platinum, in respect of the Kun-Manie licence. Work carried out to date on the Kun-Manie licence including diamond coredrilling, trenching and geological mapping has identified four mineralisedtargets, the Vodorazdelny, Ikenskoe, Maly Krumkon and Falcon zones each of whichwarrant further exploration. The four zones are located within a 15 kilometerlong segment of the 40 kilometre long Krumkon Trend. This trend is the primaryexploration target within the licence area. An additional two targetsidentified as Chornie Ispelene and Kubuk have been identified within the trendand also require additional geological investigation and drilling. Incombination, the six zones are located along approximately 50% of the length ofthe Krumkon Trend. The remainder of the trend also contains additionalpotential based on geochemical sampling and geological mapping which hasidentified anomalously mineralized host structures needing additionalreconnaissance and detailed exploration work. To date, detailed exploration and an independently calculated resource estimatecompiled by SRK Consulting indicates the presence of Indicated and Inferredresources. These are contained within the three deposits, the Vodorazdelny,Ikenskoe and Maly Krumkon zones. An update to the Competent Person's Reportwithin the Amur Admission Document dated November 2006 now indicates these threezones contain a total of 57.1Mt at a mean grade of 0.45% nickel, yielding259,000 tonnes of contained nickel; 0.13% copper, containing 73,700 tonnes ofcontained copper. Presently, SRK Consulting (the Competent Person) is updatingthe resource estimate using the exploration drilling and trenching resultsobtained during the 2006 exploration field season. Amur also owns the Anadjakan gold-copper exploration licence in Kharaborvsk Krainear the well infrastructured city of Elban. About RBC Capital Markets RBC Capital Markets is one of the world's preeminent investment banks deliveringfinancial and advisory services to the mining and metals industries. Theirglobal approach parallels the international scope of our clients, providing anin-depth understanding of the industry and our clients' needs, thereby enhancingour ability to provide unique and value-added ideas. RBC's team of nearly 50 research analysts, sales and trading specialists andinvestment bankers dedicated to the global mining sector enables them to provideunique solutions to meet the specialised needs of growing and mature companiesin the industry. With extensive international expertise, they are experiencedadvisors on the TSX, ASX, AIM and the LSE. This information is provided by RNS The company news service from the London Stock Exchange