Final 2010 Exploration Result

RNS Number : 5864A

Amur Minerals Corporation

03 February 2011

 



3 February 2011

Amur Minerals Corporation

(AIM: AMC)

Final 2010 Exploration Results

Soil Sampling Indicates Maly Krumkon and Gorni May Link Up

Amur Minerals Corporation ("Amur" or the "Company"), an exploration and development company focused on Far East Russia, announces the Company has received the last of its 2010 exploration programme results.  Work over the course of the season included geological mapping and reconnaissance, soil and rock chip sampling, trenching and Induced Polarisation (IP) surveys.

A gridded soil geochemical sampling programme was completed over a 5.5 kilometre long area between the Maly Krumkon and Ikenskoe deposits, which includes the Gorni target located approximately midway between the two deposits.  A near continuous, 3 kilometre nickel anomaly has been defined and links the Gorni target with the Maly Krumkon deposit. Trenching results to the west of the Gorni target indicates the drill intercepts from the two completed holes continue to the west toward Maly Krumkon.  Preliminary trenching to the east of the target toward Ikenskoe has not been completed.

The intervening area and the approximately 800 metre long drilled Maly Krumkon deposit represent a structure approaching 4 kilometres in length.  This anomalously mineralised area has been upgraded to a drill target.  The drill target defined by the trenches and soil anomaly is three times longer than the drilled portion of the Maly Krumkon deposit.  The Maly Krumkon JORC compatible resource is presented in the following table.  The resource has not been calculated at Gorni.

Maly Krumkon Resource	Tonnage (Mt)	Ni (%)	Ni (t)	Cu (%)	Cu (t)
Indicated JORC Category	15.0	0.49	73,700	0.13	19,900
Inferred JORC Category	11.2	0.56	62,800	0.16	17,800
Total Maly Krumkon Resource	26.2	0.52	136,500	0.14	37,700

CEO Robin Young stated:

"The Company has always believed that the Krumkon Trend would ultimately provide us with the potential discovery of additional deposits in adjacent areas as yet not drilled.  These results are excellent.  Whilst this preparatory work moves forward, we continue to lobby and work with the Russian governmental agencies towards the awarding of the mining licence and will update shareholders upon receipt of the news."

The information contained in this announcement has been reviewed and approved by the CEO of Amur, Robin Young. Mr. Young is a Geological Engineer (cum laude) and is a Qualified Professional Geologist, as defined by the Toronto and Vancouver Stock Exchanges.

Please click on the link below to view the Exploration Results Accompanying Image:

http://www.rns-pdf.londonstockexchange.com/rns/5864A_-2011-2-2.pdf

Enquiries:

Company Amur Minerals Corp.	Nomad and Joint Broker RBC Capital Markets	Joint Broker Hybridan LLP	Public Relations Lothbury Financial Services
Robin Young	Martin Eales	Claire Noyce	Michael Padley
CEO			Libby Moss
[phone]	[phone]	[phone]	[phone]

Notes to Editors

For further information about Amur, please visit the Company's website at www.amurminerals.com.

 

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