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Completion of Winter Ice Road

6 Mar 2013 07:00

RNS Number : 2460Z
Amur Minerals Corporation
06 March 2013
 



 

6 March 2013

 

AMUR MINERALS CORPORATION

(AIM: AMC)

 

Completion of Winter Ice Road

 

Amur Minerals Corporation ("Amur" or the "Company"), a nickel-copper sulphide mineral exploration and resource development company focused on the far east of Russia, is pleased to announce that it has completed the construction of its winter ice road from the Baikal - Amur rail siding to its Kun-Manie project. The ice road, which the Company uses to restock the project site for the upcoming field season, is constructed annually covering a distance of approximately 350 kilometres.

 

Fuel, supplies, spare parts and drill materials are presently being transported along the ice road. This will continue over the course of the next four weeks. The restocking process will enable the Company to drill approximately 6,000 metres using the LF-90 Boart Longyear rig which the Company purchased in early 2012. Last year's average drilling cost per metre was reduced from more than $250 per metre to $165 per metre due to the purchase of the rig precluding the need to utilise more expensive contract drilling services.

 

Drilling will target the Kubuk area located in the eastern zone along the Kurumkon Trend, the primary host structure containing drill defined resources and reserves.

 

Robin Young, CEO of Amur Minerals, commented:

 

"We are pleased to be setting up for our 2013 field season during which we intend to undertake the initial drilling within one of our prime exploration targets at Kun-Manie. Geochemical sampling, geophysical surveys and trenches confirm that the Kubuk area could contain a substantial mineralised zone of more than three kilometres in length."

 

Enquiries:

 

Company

Amur Minerals Corp.

Nomad and Joint Broker

RBC Capital Markets

Joint Broker

Merchant Securities

Public Relations

Tavistock

Robin Young CEO

Martin Eales

Lindsay Mair

Max Bascombe

Jos Simson

Jessica Fontaine

+44 (0) 7981 126 818

+44 (0) 20 7653 4000

+44 (0) 20 7628 2200

+44 (0) 20 7920 3150

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCFMGGFGKZGFZM
Date   Source Headline
19th Nov 20077:00 amRNSResource Increase 140%
12th Nov 20077:00 amRNSKun-Manie Resource Expansion
3rd Sep 20077:01 amRNSInterim Results
16th Aug 200710:34 amRNSDrill data published& Rule 26
18th Jul 20077:00 amRNSKubuk Trench Results
13th Jul 20074:17 pmRNSHolding(s) in Company
6th Jun 200710:55 amRNSField Season begins
11th May 200712:22 pmRNSAward of Options
10th May 200712:00 pmRNSAnnual Report and Accounts
23rd Apr 20077:01 amRNSShare Placement
26th Mar 20077:03 amRNSPreliminary Results
19th Mar 20077:01 amRNSField Season Contract
12th Mar 20075:16 pmRNSPrivate Placement
2nd Mar 200711:05 amRNSStmnt re Share Price Movement
14th Feb 20078:44 amRNSLand Position Doubled
1st Feb 20079:05 amRNSNew Drill Target Identified
15th Jan 20077:00 amRNSKun-Manie Valuation Increase
4th Dec 20067:01 amRNSChange of Adviser
30th Oct 20067:01 amRNSOpen Pit Potential Confirmed
11th Oct 20067:00 amRNSResource Estimate
26th Sep 20067:02 amRNSInterim Results
11th Sep 20067:01 amRNSExpansion at Maly Krumkon
8th Aug 20067:01 amRNSGold- Copper Licence Awarded
17th Jul 20067:00 amRNSNew Zone Discovered
6th Jul 20067:00 amRNSOpen Pit Potential
23rd Jun 20067:00 amRNSFinal Results
4th May 200610:25 amRNSExploration Season Commences
2nd May 20069:13 amRNSAppt of Financial Controller
15th Mar 20064:53 pmRNSHolding(s) in Company
15th Mar 20068:01 amRNSAIM Admission

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