Amur Minerals Corporation (LON:AMC) CEO Robin Young caught up with DirectorsTalk to discuss the significance of 2015 final phase drill results, the impact this has on the preliminary economic assessment results, provides an update on expected news flow and tells us about the latest Russian activities.
Amur Minerals Corporation (AMC) is a developing mineral exploration company focused on base metal projects in the far east of Russia. The company’s principal asset is the Kun-Manie sulphide nickel, copper project located in Amur Oblast, with JORC resources in excess of 830,000 nickel equivalent tonnes. The project also contains the by-product metals of copper, cobalt, platinum, palladium, gold and silver. This resource places it among the 20 largest nickel copper sulphide projects in the world with substantial potential to further expand the resource immediately adjacent to the drill identified deposits of which there are five. Discovery costs per pound of nickel are projected to be in the order of $0.03 US. Geographically, it is located adjacent the three largest nickel consuming markets in the world including China, Japan and South Korea.
