Stmnt re Share Price Movement

Amur Minerals Corporation
02 March 2007


                                                

2nd March 2007


                           Amur Minerals Corporation
                           ('Amur' or 'the Company')

                       Statement re. Share price Increase


Further to the recent share price increase and market speculation, the Board of
Amur would like to confirm that the Company has not received any approaches
regarding a possible take over of the Company.



Enquiries:

Amur Minerals Corp.    RBC Capital Markets        Parkgreen Communications
Robin Young            Andrew Smith               Victoria Thomas
CEO                    Martin Eales
[phone]   [phone]       [phone]



Notes to Editors

About Amur Minerals

Amur's principal asset is the 100% owned Kun-Manie exploration licence, a
nickel-copper deposit located in the Amur Province in the far east of the
Russian Federation. The Kun-Manie licence area is approximately 950 km(2) and is
located 700 km northeast of the capital city of Blagoveshchensk and is 750km
north of the Chinese border. In April 2004 ZAO Kun-Manie, a wholly owned
subsidiary of Amur, was granted a licence to explore for nickel and related
metals, including copper and platinum, in respect of the Kun-Manie licence.

Work carried out to date on the Kun-Manie licence including diamond core
drilling, trenching and geological mapping has identified four mineralised
targets; the Vodorazdelny, Ikenskoe, Maly Krumkon and Falcon zones, three of
which warrant further exploration as the limits of the mineralisation have not
been identified. The four zones are located within a 15 kilometre long segment
of the 40 kilometre long Krumkon Trend. This trend is the primary exploration
target within the licence area. An additional three targets identified as
Chornie Ispelene, Yan Hegd and Kubuk (also referred to as Ata) have been
identified as additional drill targets. Chornie Ispelene and Kubuk lie within
the trend whilst Yan Hegd is located approximately 8 kilometres to its north.
Approximately 50% of the Krumkon Trend remains to be examined by reconnaissance
work where existing Soviet data indicates potential exists to identify
additional drill targets.

Exploration drill results have been utilised by SRK Consulting to calculate
resources. These include resources of the Measured, Indicated and Inferred
categories which have been estimated for the deposits of Vodorazdelny, Ikenskoe
and Maly Krumkon. Effective January, 2007, the independently compiled Resource
Estimate consists of a total of 53.3 Mt at a mean grade of 0.48% nickel and
0.14% copper containing 254,500 tonnes of nickel; and 73,000 tonnes of copper.
This is summarised in the following table.


                 SRK Consulting's 2006 Year End Resource Report

===========         ========    ======       ======         =====       ======
Orebody             Tonnage     Ni            Ni            Cu          Cu
                    (Mt)        (%)           (t)           (%)         (t)
===========         ========    ======       ======         =====       ======
Vodorazdelny
Indicated            5.9        0.71          41,800        0.20        11,800

Ikenskoe
Measured             3.7        0.61          22,700        0.16         5,800
Indicated           26.8        0.42         111,300        0.12        32,700
Sub-total           30.5        0.44         134,000        0.13        38,500
Inferred             5.9        0.49          28,700        0.13         7,500
Total Ikenskoe      36.4        0.45         162,700        0.13        46,000

Maly Krumkon
Inferred            11.0        0.45          50,000        0.14        15,200

Total Measured       3.7        0.61          22,700        0.16         5,800
Total Indicated     32.7        0.47         153,100        0.14        44,500
Total Inferred      16.9        0.47          78,700        0.13        22,700
Grand Total         53.3        0.48         254,500        0.14        73,000
-----------       --------      ------          ------       -----        ------


Presently, Amur is compiling a prefeasibility study on the Kun-Manie Project to
be completed in the second quarter of 2007. Concurrently, work is also being
conducted on the assembly of a report to be submitted to the State Committee on
Reserves (GKZ). Upon approval, the GKZ shall issue a certificate of 'Discovery'.
This certification allows the Company to continue along the process of
converting portions of the exploration licence into a mining licence.


Immediately to the east of the Kun-Manie licence and across the Amur Oblast and
Khabarovsk Krai border, Amur has acquired the Kustakskaya Project. This 1,034
square kilometre, 25 year exploration and production licence contains two
geological terrains. Each terrain contains a different mineralisation type
target. The southern half of the licence is interpreted to be a continuation of
the Krumkon Trend identified within the Kun-Manie exploration licence. The
northern half of the licence area contains Mesozoic granitic intrusives wherein
historical Russian results indicate the potential for copper, cobalt and minor
nickel to be present. The Company will undertake field exploration of this
licence area in 2008 in accordance with the terms of the licence. Having
recently acquired this licence, the Company places no value on this property.


Amur also controls the Anadjakan gold-copper exploration licence in Kharaborvsk
Krai near the well-infrastructured city of Elban. The Company chooses not to
report any value on this asset until it concludes its comprehensive review of
all information and verifies existing Russian results. The 2007 exploration
programme for this area is designed to check the historical results and define
future drill targets. The exploration of this licence area will begin during the
2007 field season.




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