Amur Minerals Corporation is ahead of schedule with drilling at the Maly Kurumkon/Flangovy (MKF) deposit at its Kun-Manie Nickel Project in Far East Russia. By August 1 the company had completed 54 holes, shifting 11,979 metres of soil in the process.
Amur says an early start to the drilling season combined with higher than planned drill rates had put it ahead of schedule.
There have been 34 resource definition holes completed and 2100 metres of the current MKF 2500 metre length is now considered to be completely drilled for resource and reserve determination. This 2100 metre length also includes 400 metres of newly discovered resource extension at the western limit of the deposit.
All planned 20 metallurgical drill holes have also been completed three months ahead of schedule, providing a 6.9 tonne bulk metallurgical sample that is being inventoried in Amur’s core storage facility in Khabarvosk. This sample will be used for the evaluation of the metallurgical response of the MKF ore, which is a key element for a definitive feasibility study of the project.
The remainder of the drill season will focus on the eastern end of the MKF deposit, where the company wants to shift up to 9.2 million tonnes of ore from the inferred resource category to the indicated category. Amur is also looking at a potential resource expansion eastward of the last drill section toward the Gorny deposit.
“This year’s drill season has already produced remarkable results in less than 90 days of drilling. We have been able to identify new resources at the western limits of Maly Kurumkon/Flangovy and drill these out to what we anticipate to be indicated by JORC standards based on parameters used by SRK Consulting,” said chief executive officer Robin Young.
“Infill drilling has also resulted in attaining a drill spacing where the next resource update should convert these to indicated as well, not to mention much greater thicknesses and higher grades have been identified to be present within the zone.
“The combination of these two efforts has substantially enhanced the reserve potential over a length of nearly 700 metres adding substantially to the reserve inventory for inclusion in the definitive feasibility study,” he added.
Amur Minerals is a developing mineral exploration company focused on base metal projects in the far east of Russia. Its principal asset is the Kun-Manie sulphide nickel-copper project 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.