Update: Drilling suggests larger, higher-grade resource
Results from Amur’s twin 2015 field season in-fill and step-out drilling programmes at Flangovy have successfully confirmed the continuity of mineralisation with respect to contained metal and thickness over a length of 1,200m, making the promotion of up to 27.4Mt of inferred resources into the indicated category a distinct likelihood when the final results are received in December. The fact that the (length-weighted) average grade of nickel mineralisation was 0.83% (cf a resource grade of 0.56%) and that nearly 83% of nickel metal is observed to be contained in continuous high-grade lenses with an average grade of 1.04% Ni also suggests that the project has the potential to be materially reconfigured to the upside.
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