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Azucar Minerals Ltd.
Summary
| Project: | El Cobre | |
|---|---|---|
| Deposit: | El Cobre | |
| Location: | Mexico | |
| Commodities: | Gold-Copper | |
| Date: | 10/16/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-10-2019: Azucar Minerals Ltd. announces an Exploration/Drilling Update report for its El Cobre deposit at the El Cobre project. Drilling results incl. 200.00m @ 0.40g/t Au, 0.24% Cu from 718.00m. VANCOUVER, B.C. Azucar Minerals Ltd. ("Azucar" or the "C | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Norm Dircks (Internal) | |
| ABSTRACT: | VANCOUVER, B.C. Azucar Minerals Ltd. ("Azucar" or the "Company") (TSX-V: AMZ; OTCQX: AXDDF) is pleased to announce a new discovery at the El Cobre porphyry copper-gold project in Veracruz State, Mexico. The two holes reported today were designed to test the blind “Primo” target area, which is defined by coincident anomalous gold, copper and molybdenum in soils. The Primo target is located approximately 1km southeast of the Raya Tembrillo target and almost 1 km west of the Porvenir target area in a previously unexplored portion of the large Villa Rica magnetic anomaly. This new mineralised intrusive was intersected in both holes including sections of high gold and copper grades in classic porphyry style disseminated and vein controlled chalcopyrite and stockwork veining. The upper hole (EC-19- 085) intersected roughly 20 metres of mineralised intrusive, currently interpreted to be the apex of the intrusive body. The steeper hole (EC-19-086) was lost in a clay altered intrusive at 975 metres depth. A section and plans are provided with this news release. | |
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