LONDON (ShareCast) - AIM-listed nickel-copper sulphide exploration and resource development company Amur Minerals has published an update revealing mineralisation at its Gorny project I the far east of Russia.

The company reported that nickel and copper sulphide mineralisation were encountered over a strike length of nearly 500m.

Drill intercepts further indicated that mineralisation extended down-dip for a distance of approximately 300m.

The group further reported that geological mapping, sampling and reconnaissance suggested that Gorny could be an extension of the Maly Kurumkon – Flangovy deposit.

The Gorny deposit is located at the eastern end of the 5km long Western area with the 2.0km long drilled deposit identified as Maly Kurumkon-Flangovy at the western end.

Robin Young, Chief Executive Officer of Amur Minerals, said: “The geological control and structural definition drilling carried out at Gorny have identified the presence of nickel and copper mineralisation and confirmed that additional drilling of multiple western area targets is warranted.

“This success further reinforces that the licence area contains a large nickel - copper mineralised system. The Gorny results should add additional resources to our inventory and are typical of previously defined reserves already established as being recoverable via open pit mining."

MF

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE