AIM-listed mineral resource exploration and development company Amur Minerals has announced the drill results at its Maly Karumkon deposit in the far east of Russia.
The results indicated that the newly drilled area contained higher nickel and copper grades than previously intersected before this year. The strike length has also been doubled to at least two kilometres, the company's update stated.
Maly Kurumkon is one of three drilled deposits located within the Company's Kun-Manie exploration licence area.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Amur Minerals' share price was unchanged at 4.72p at 09:14 on Monday morning.
MF
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
-
What does Rachel Reeves’s plan for growth mean for UK investors?Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
