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Amur Minerals Corporation ('AMC' or the 'Company'), a nickel-copper sulphide mineral exploration and resource development company located in the Russian Far East, is pleased to update shareholders on an increase in the projected global Earnings Before Income Tax, Depreciation and Amortisation ('EBITDA') assessment of the mining potential (based on the more costly toll smelting of concentrate option) at its Kun-Manie nickel copper sulphide project.

The projected EBITDA has increased by 78.75% to USD 2.7 billion (October 2017: USD 1.6 billion), which is attributable to mining Maly Kurumkon / Flangovy ('MKF') by a combination of open pit and underground extraction methods in lieu of open pit only production. The previous EBITDA estimate was based on open pit production only.

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Amur Minerals Corporation published this content on 16 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 April 2018 07:46:06 UTC