A major nickel-copper sulphide project, situated in the Russian Far East, has announced drill results that have the potential to significantly expand the underground mineral potential.
The Kun-Manie project, located within the Amur Oblast of the Russian Far East, is the flagship operation of Amur Minerals Corporation.
The company’s drill results from 30 June 2017 through to 21 July 2017 continue to expand the resource westward towards the Ikenskoe / Sobolevsky (“IKEN”) deposit.
Drilling, at a spacing used by RPMGlobal Asia Limited (“RPM”) to identify Indicated resources, has extended the 10 February 2017 resource limits in both the strike and dip directions.
The newly defined mineralisation has an average thickness per drill hole (10) of 14.3 metres (21.5 metres – resource model) averaging 0.78% nickel (0.80% - resource model) and 0.20% copper (0.20% - resource model).
This newly defined mineralisation has the potential to significantly expand the underground mining potential at Kubuk.
Robin Young, CEO of Amur Minerals, commented: “We are pleased with the continued progress at Kun-Manie. Drilling at Kubuk continues to identify new resources of economic grade. Having added additional resource potential, at both the eastern and western limits of deposit, and having drilled them at a spacing used to define Indicated resources, we are pleased to be adding to the mining potential of Kun-Manie. We believe we have added as much as another three years to our production through resource conversion to Indicated resource and newly defined mineralisation.
‘‘Substantial resource expansion potential remains at both ends of the Kubuk deposit. More than 3,000 metres of target length remains to be drilled, with the largest potential being located in the west toward our Ikenskoe / Sobolevsky deposit. Drilling at Ikenskoe / Sobolevsky is also underway and we look forward to updating the market with these results in the near future.’’