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Azarga Metals Corp.

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Summary

Project:

Unkur

Deposit:Unkur
Location:Russia
Commodities:Copper-Silver
Date:5/11/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:11-5-2020: Azarga Metals Corp. announces an Exploration/Drilling Update report for its Unkur deposit at the Unkur project. Drilling results incl. 15m @ 0.31% Cu, 13.5g/t Ag from 162m. AZARGA METALS CORP. ("Azarga Metals" or the “Company”) (TSX-V:AZR) repo
Resources:x
CP/QP:[Overall Report]: Michael Hopley (Internal)
ABSTRACT:AZARGA METALS CORP. ("Azarga Metals" or the “Company”) (TSX-V:AZR) reports that the 2019-2020 Phase 2 diamond drilling program consisting of 15 drill-holes for a total of 5,572 meters on its 100% owned Unkur Copper-Silver Project in Eastern Russia was completed in early April 2020. Assays have now been received from the final four drill-holes (AM19-012, AM19-013, AM19-014 and AM19-015) and are reported in this announcement. Drill-holes AM19-012 and AM19-013 intercepted copper and silver mineralization between 0.5 and 1 kilometre to the south of the current Resource envelope (see Figure 1 above and results in Table 1 below). Drill hole AM19-014 was drilled some 850 meters north of the northernmost drill-hole in the current Resource envelope. This hole encountered deep glacial moraine cover (234m) but nevertheless was able to intersect mineralization in bedrock below (See Table 1). Drill-hole AM19-015 was drilled about 1 kilometer east of AM19-014 to test the extrapolated northern closure of the Unkur syncline however this hole was not able to reach the target depth although minor malachite and pyrite were reported at the bottom of the holes indicating the possible proximity to mineralization beneath.

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