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Amur Minerals Corporation boss confident on Kun-Manie drilling

Robin Young, chief executive of Amur Minerals Corporation (LON:AMC), says completion of 20 metallurgical drill holes three months ahead of schedule is good news for the definitive feasibility study (DFS) at the Kun-Manie nickel project in far east Russia.

That study is earmarked to be completed at the end of December 2017, he told Proactive's Sarah Lowther.

It comes as the firm is ahead at its drill programme at the Maly Kurumkon/Flangovy (MKF)  part of the large property there. 2,100 metres of the current MKF 2,500 metre length is now considered to be completely drilled for resource and reserve determination.

Young graphically says that's the equivalent of the distance  between Buckingham Palace and the Royal Courts of Justice in the Strand, London.

Quick facts: Amur Minerals Corp.

Price: 1.115 GBX

Market: LSE
Market Cap: £10.79 m

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Amur Minerals pre-feasibility study outlines potential for US$3bn in cash...

Amur Minerals Corporation (LON:AMC) has revealed details of a pre-feasibility study for its Kun-Manie nickel project in Russia’s Far East. The study outlines two production scenarios capable of processing six million tonnes of ore per annum. Amur CEO Robin Young tells Proactive London what...

on 02/26/2019

2 min read