OOO "Amur Minerals" Discovers Large Copper and Gold Deposit in the Russian Far East

By The Moscow Times

May 14, 2015

OOO "Amur Minerals" announces that the GKZ has approved the listing of copper and gold reserves at its' 100% owned Malmyzh Copper Gold Deposit located in Khabarovsk Krai in the Russian Far East. The GKZ approved on-balance reserves (C1 + C2) of 1.26 billion tonnes of ore containing 5.2 million tonnes of copper at a grade of 0.41% and 278 tonnes of gold at a grade of 0.22 grams per tonne. The company is currently preparing to file requisite documents to receive approval from the Russian Government to continue to the advanced exploration and mining phase of their license as required for "Strategically Significant" deposits. The company is currently completing a 43-101 resource estimate as required by Canadian exchange regulations due to some IG Copper investors being domiciled in Canada.

OOO "Amur Minerals" is a joint venture company owned by IG Copper (51%) and Freeport- McMoRan Exploration Corporation (49%).

General Director Thomas E. Bowens

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue