The Anadjakan licence covers an area of 250 square kilometres and is valid for a term of five years, convertible to a 20 year mining licence following a commercial discovery.
The licence is located in the Khabarovsk region and is readily accessible by maintained roads with abundant nearby infrastructure. The area was explored by various groups during Soviet times, most recently in 1991. The project is characterised by:
- Gold- and copper-bearing veins located within highly developed faults and shear zones in a granitic intrusive complex and its overlying sedimentary rocks. Mineralisation at Anadjakan is characterised by near-vertical quartz and quartz sulphide veins as well as quartz flooded breccia zones. The primary host zone is up to 250 metres in width and extends over 5 kilometres in length. Gold has been confirmed by geochemical sampling, limited trenching and some drilling. Similar structural settings have been identified through geophysics, but remain untested.
- The potential for an underlying porphyry copper system is provided in historical Russian expert opinions and is evidenced by anomalous copper, molybdenum and gold values detected by geochemical sampling.
- Extensive alteration of the sedimentary rocks located at the contact of the granitic complex carries anomalous gold values, and is confirmed by geochemical sampling.
- The property is located within 20 kilometres of power and a rail head at the community of Elban. An extended field season of seven months can be expected.
Amur is conducting a three-phased exploration programme in accordance with the licence agreement. These phases will consist of confirming the existing historical results, conducting trenching and drilling, and concluding with the calculation of a Russian based resource estimate. This work is to be accomplished over the next five years.
