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Azucar Minerals Ltd.
Summary
| Project: | El Cobre | |
|---|---|---|
| Deposit: | Norte Target | |
| Location: | Mexico | |
| Commodities: | Gold-Copper | |
| Date: | 12/18/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-12-2018: Azucar Minerals Ltd. announces an Exploration/Drilling Update report for its Norte Target deposit at the El Cobre project. Drilling results incl. 231.50m @ 0.45g/t Au, 0.17% Cu from 375.00m. VANCOUVER, B.C. Azucar Minerals Ltd. ("Azucar" or th | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Larry Segerstrom (Internal) | |
| ABSTRACT: | VANCOUVER, B.C. Azucar Minerals Ltd. ("Azucar" or the "Company") (TSX-V: AMZ; OTCQX: AXDDF) is pleased to announce results from its ongoing drilling program at the El Cobre porphyry copper-gold project in Veracruz State, Mexico. Drilling is currently underway at the Villa Rica target, the Norte zone and Porvenir zone using three rigs. Interpretation of the results to date from the Norte zone provide the following observations: Mineralisation appears to trend in a northeast/southwest direction; A late-mineral and barren to weakly mineralised intrusive occurs in the middle of the Norte zone mineralisation but “tops out” about 400 metres below the current surface. Mineralisation therefore occurs above and on either side of the late intrusive, in effect mantling it. The late intrusion likely displaced mineralisation laterally when it was emplaced and mineralisation may be preserved along its flanks; The mineralisation is currently interpreted to remain open to depth, on either side of the late intrusion and along strike to the northeast. | |
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