LONDON (ShareCast) - Amur Minerals Corporation’s shares rose Friday after the miner announced it the completion of restocking at its Kun-Manie nickel-copper sulphide project in Russia.

The delivery of more than 200 tonnes of fuel, supplies, spare parts and materials will allow the company to begin 6,000 metres of drilling.

Drilling is expected to start in early June.

The company will target the Kubuk area where a 3.0 kilometre long coincident geochemical and geophysical anomaly is present. The anomaly is located within the Kurumkon Trend which is the prime host zone where resources and reserves have been identified.

Previously reported trench results along the western half of the target area have exposed substantial thicknesses of nickel and copper mineralisation.

The average exposures within the trenches are nearly 50 metres in thickness and have average grades of 0.63% nickel and 0.16% copper. A total of 2,500 metres is planned for the initial stage of drilling near the trenches where the mineralisation has been exposed.
 
"The culmination of our restocking efforts is a very satisfying accomplishment,” said Chief Executive Officer Robin Young.

“This is a direct result of a well co-ordinated operation which begins in November of each year with the purchase of long lead time items, delivery to our base camp on the Baikal Amur rail road from numerous locations and sources, preparation of the ice road and the final delivery of the materials to the project site.

"This is no small feat. Now we await the final thaw after which we can begin drilling Kubuk, which is an exciting target."

RD

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