Amur Minerals Corporation

Amur Minerals Corporation (AMC) is a rapidly-growing mineral resource exploration and development company focused on base metal projects located in the far east of Russia. The Company has three properties in the region with its principal asset being the Kun-Manie sulphide nickel, copper project located in Amur Oblast. With a JORC compliant resource of over a quarter of a million tons of contained nickel, Kun-Manie is one of the five largest new nickel sulphide discoveries since Voiseys Bay.

This is todays star buy.

Is it just a quick blip up and back again? or is there more to come in your opinion mitzy.

Difficult to say Balerboy I bought in first thing this am it certainly looks cheap now they have been awarded the license.

Up 160% is that correct..?

What an amazing share..

http://moneyam.uk-wire.com/cgi-bin/articles/200904231624410747R.html

200% rise today.

Look at this one gooooooooo!!!!!!

Up another 50% today well done Balerboy.

big retrace at the mo. profit taking i presume

Just seen it no surprise really when it was 2p Friday am.

That turned out to be the most expensive cup of coffee I have ever had!! missed the chance again. Hope for a return tommorow perhaps....

BB, dont feel too bad had the same thing happen to me last week with SEY.
Think this share will go places eventually as has a withdrawal clause built in if Chinese pull out. didn't get in in time this morning and now looking for a good entry point. sub 4p should be a good start. if i can get my timings right

I was already in at .29p could kick myself.

double ouch!!!

Somemore good news :

Amur gets approvals for further exploration
MoneyAM
Amur Minerals Corporation has successfully completed two additional exploration filings related for its Kun-Manie nickel copper sulphide project in the Russian Far East.

The filings and their subsequent approvals are required by Russian Federation authorities to allow the Ccmpany to continue its exploration for nickel while simultaneously pursuing a production decision.
Filings include annual exploration reviews to ensure that Amur has met its exploration obligations according to the terms of the exploration licence.
The final report for the 2008 programme was submitted to Amurnedra, the local licensing agency, along with the appropriate Russian Federation expert opinions.
The report has been approved, confirming that Amur has successfully met its historical exploration commitments for the past five years which was the timeframe allotted for the original exploration licence.
Amur was granted a two year extension on the exploration licence in December 2008 and as part of the approval of the two year extension, a two year exploration programme was submitted by Amur and approved by the authorities.

RNS Number : 7238X
Amur Minerals Corporation
20 August 2009

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


Reserve Update Submitted to the GKZ
In Ground Reserve Value US$6.9bn


Amur Minerals Corporation (AIM: AMC), an exploration and development company
focused on East Russia, announces that the Company has submitted its reserve
estimate for its Maly Krumkon (MK) deposit to the State Committee on Reserves
(GKZ) for review and approval. Upon approval and final adjustments as
recommended by the GKZ, Amur may then move to the next stage in submitting a
mining application for the three deposits located within the Kun-Manie nickel
copper licence.


Key information relating to the newly submitted MK reserve estimate follows:


* The total contained metal value at MK is US$1.8 billion. This figure is based on
the current spot market prices of US$20,000 per tonne (US$9.07 per pound) for
nickel and $US6,200 per tonne (US$2.81 per pound) for copper.



* The MK reserve consists of 12.9 million tonnes of ore at an average nickel grade
of 0.63% and an average copper grade of 0.18%.The total contained tonnes of
nickel and copper at Maly Krumkon are 81,900 and 23,700 respectively. The
reserves are categorised as C1 and C2 in accordance with the Russian reserve
classification system.



* Approval of this reserve by the GKZ and approvals by the various local and
federal Ministries of Natural Resources will allow the Company to include it in
its application for a mining licence.



* The global total C1 plus C2 reserve for all three deposits is expected to stand
at 31.7 million tonnes of ore. The total contained nickel and copper will be
approximately 203.9 and 56.8 thousand tonnes, respectively. The average
predicted diluted reserve grade utilising Russian regulatory standards is 0.64%
Ni and 0.18% Cu.



* Based on the US$20,000 nickel price and the US$6,200 copper price per tonne, a
total metal value of US$6.9 billion is contained within the Russian reserve.



A direct comparison of the western prefeasibility study mineable reserves and
the Russian defined reserves is depicted in the following table.


+------------+------------+------------+------------+------------+------------+
| Reserve | Million | Percent | Nickel | Percent | Copper |
| Type | Tonnes | Nickel | Tonnes | Copper | Tonnes |
+------------+------------+------------+------------+------------+------------+
| SRK | 31.5 | 0.54 | 171,296 | 0.15 | 47,023 |
+------------+------------+------------+------------+------------+------------+
| Russian | 31.7 | 0.66 | 210,100 | 0.18 | 58,400 |
+------------+------------+------------+------------+------------+------------+


Russian reserves utilise C1 and C2 categories which approximate to JORC Proven
and Probable reserves.


Robin Young, Amur's Chief Executive Officer, commented:


"This submission completes our short term plan in moving the project forward
towards mining. The addition of Maly Krumkon to the previously certified
reserves provides Amur with the largest possible reserve base currently
available to us for inclusion in the application for mining. It will also
contain the majority of the metal we have drilled to date."


20 August, 2009
Enquiries:


+-------------------+--------------------+------------------+
| Company | Nomad and | Public Relations |
| Amur Minerals | Co-Broker | Bankside |
| Corp. | RBC Capital | |
| | Markets | |
+-------------------+--------------------+------------------+
| Robin Young, CEO | Martin Eales | Michael Padley |
+-------------------+--------------------+------------------+
| | | Libby Moss |
+-------------------+--------------------+------------------+
| +7 (495) 629 | +44 (0) 20 7029 | +44 (0) 20 7011 |
| 4418 | 7881 | 9411 |
+-------------------+--------------------+------------------+




Amur Minerals Corporation is a mineral resource development company focused on
base metal projects located in the far east of Russia where it has three
projects. It's JORC compliant resource estimate for its flagship Kun-Manie
project is 341,000 tonnes of contained nickel and 95,500 tonnes of copper and
this is expected to increase as further exploration is completed. This resource,
which has been identified and progressed in only five seasons of field work is
one of the largest nickel sulphide discoveries since Voisey's Bay.


An independently compiled pre-feasibility study of Kun-Manie conservatively
indicates a Post Tax NPV (10%) of $84 million with an IRR of 15.7%. The
economic values presented are based on a $7.50 nickel price. The study
contemplates producing 16,000 tonnes of recoverable nickel per year in
concentrate from three deposits drilled to date on the Kun-Manie license as well
as noting considerable upside potential.


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

This information is provided by RNS
The company news service from the London Stock Exchange
END

I like this share whoopeeee, in at 3p got my money back and let the rest ride..:)))

I got in at on this today @5.75,still in,and have been looking at rgm,looks like its going north,buying tommorrow am having done some research,RNS due and it could be as good as this gem.

c
well done. stop loss in place at no cost to you i hope. i know you might think it might never happen, but better safe than sorry, never say ever etc, miight like to be happy with your paper profit to date and hold off from buying tomorow being a friday. why not wait? just to consolidate your gain? and then add at a later date?just a suggestion.
anyway whatever you decide , good luck.
regards
jkd
good luck
jkd