17:00 Fri 13 Apr 2018
Amur Minerals Corp - 2018 Field Engineering Campaign Set to Begin
(AIM: AMC)
2018 Field Engineering Campaign Set to Begin
This year's field season will be focused on gathering information for inclusion in project engineering study work and operational design for consideration and the incorporation into necessary documentation related to project financing. Further resource expansion potential remains, however these areas will be drilled once operations have begun.
Highlights:
· The resupply transport effort commenced
· Eleven convoys traversed the 350 kilometre long ice road and have now successfully fully restocked the Kun-Manie project site allowing the Company to implement its 2018 field programme focused on engineering data acquisition for use in the going forward studies.
· Over half million litres of summer and winter fuel and 200 tonnes of additional supplies have been delivered to site to support the 2018 work programme.
· The personnel responsible for completion of the resupply have now transitioned into the final site preparation stage for the arrival of the remaining summer field crew component. The total staff on site will be in the order of 100 individuals.
· Field operations have already been initiated with the start of the construction of needed roads and drill sites. Full scale summer activities are anticipated to be underway by the middle of
· Drilling will include acquisition of a metallurgical sample from the Ikenskoe / Sobolevsky ("IKEN") and Kubuk ("KUB") deposits and the mineralised area lying between the two deposits. Infill drilling of a high grade area (over 1.0% nickel equivalent) presently defined to be Inferred (
· The amount of subsurface water will continue to be drill tested to determine the extent of any water diversion requirements and dewatering needs from the anticipated open pit(s) and underground mining operation(s).
"All materials required for our 2018 field engineering programme at Kun-Manie are now on site and we are ready to begin the acquisition of additional key information necessary for the inclusion in study documentation leading to project financing. This year's programme substantially differs from our past field seasons where the primary objective has been resource expansion and the ultimate determination of a long term reserve suitable for supporting project funding and the repayment of future funding requirements.
"Having identified the largest nickel sulphide deposit located immediately adjacent to
"The engineering information gathering phase has also been expanded beyond our consideration of producing a toll smeltable concentrate and the possible generation of a low grade matte. The Electronic Vehicle market has opened new avenues of potential. The two primary areas of interest have the potential to generate near or battery ready materials for direct sale to battery manufacturers and to widen the rank of Asian centric strategic partners available to assist in the development of Kun-Manie."
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For additional information, visit the Company's website, www.amurminerals.com.
Notes to Editors
The information contained in this announcement has been reviewed and approved by the CEO of Amur, Mr.
For further information, see the Company website at www.amurminerals.com.
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