Amur expects IKEN and KUB to form one deposit
JOHANNESBURG (miningweekly.com) – Explorer Amur Minerals has completed 82 diamond core drill holes containing 20 060 m of drilling ahead of schedule at its Kun-Manie project, where another 10 000 m will be drilled before the season wraps up at the end of October.
The majority of the 2017 drill season at the project in the far east of Russia has been focused on a 3-km-long geochemical and geophysical anomaly that links the Ikenskoe/Sobolevsky (IKEN) and Kubuk (KUB) deposits.
A total of 39 holes have been completed along a 2 200 m length of the 3-km target with 29 holes having intersected economic grades of nickel and copper. At a cutoff grade of 0.4% nickel, the length weighted grades average 0.85% nickel and 0.23% copper. Intersected ore contains an average mineralised drill intercept thickness of 24.4 metres.
Mineralisation along this target has been identified to be present over 1 800 m (80%) of the 2 200 metre drilled strike length.
The remaining 800 m of the target will now be drilled.
Amur expects the drilling to confirm its suspicion that KUB and IKEN form a single deposit, measuring up to 5 km in length.
Amur CEO Robin Young said on Thursday the merger of the deposits would expand the nickel resource to more than one-million tonnes of nickel alone.
“With the drill results indicating higher nickel grades, the newly defined mineralisation will ultimately have a significant impact in reserve definition and resultant production schedule.”
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