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Azarga Metals Corp.
Summary
| Project: | Unkur | |
|---|---|---|
| Deposit: | Unkur | |
| Location: | Russia | |
| Commodities: | Silver-Copper | |
| Date: | 2/16/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-2-2017: Azarga Metals Corp. announces an Exploration/Drilling Update report for its Unkur deposit at the Unkur project. Drilling results incl. 10m @ 37.6g/t Ag, 0.67% Cu from 229.0m. AZARGA METALS CORP. ("Azarga Metals" or the “Company”) (TSX-V:AZR) an | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Dorian L. Nicol (Internal) | |
| ABSTRACT: | AZARGA METALS CORP. ("Azarga Metals" or the “Company”) (TSX-V:AZR) announces assay results from surface channel samples of outcropping mineralization and diamond core drill-holes from its Unkur Copper-Silver Project in the Zabaikalsky administrative region of eastern Russia. Azarga Metals’ President and CEO Dorian (Dusty) Nicol said, “The outcrop and drill hole samples announced today extend both the strike length and width of identified copper-silver mineralization at Unkur and adds to our confidence that with continued exploration, Unkur will continue to expand in size and grade.” The Company has now completed field activities for its first phase exploration program. In addition to the assays covered in this press release, additional data is still pending for the trenching program. Azarga Metals has engaged SRK Consulting (Russia) Ltd. to prepare a maiden NI 43-101 Resource estimate at Unkur, which is expected to be completed late in Q1 or early in Q2 of 2017. Azarga Metals has drilled approximately 4,600 meters at its Unkur Copper-Silver Project. Azarga Metals owns 60% of the Unkur Copper-Silver Project along with the right to acquire the remaining 40% in the future. Sediment-hosted copper and silver mineralization has been identified across the 5,390 hectare project license area, in outcrops, trenches and by historical diamond drilling. The prior exploration outlined a large area of high-grade shallow stratiform sediment hosted copper-silver 20 to 50 meters thick over an area four to six kilometers long. Further details concerning Unkur Copper-Silver Project are contained in a technical report filed by the Company as per its news release of 5 April 2016. | |
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