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Azucar Minerals Ltd.
Summary
| Project: | El Cobre | |
|---|---|---|
| Deposit: | Villa Rica | |
| Location: | Mexico | |
| Commodities: | Gold-Copper | |
| Date: | 2/26/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-2-2019: Azucar Minerals Ltd. announces an Exploration/Drilling Update report for its Villa Rica deposit at the El Cobre project. Drilling results incl. 161.20m @ 0.23g/t Au, 0.15% Cu from 395.00m. VANCOUVER, B.C. Azucar Minerals Ltd. ("Azucar" or the " | |
| 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 in the Porvenir/Encinal area. The results reported today are from the Villa Rica area, a large (roughly 2.5 by 1 km) altered area defined by high magnetics responses with local zones of elevated copper, gold and molybdenum in soil. Hole EC-18-052 and 054 were drilled underneath the previously announced hole EC-17-037. While both EC-18-052 and 54 hit porphyry mineralisation (EC-18-052 hit 18.00 metres that averaged 0.51 g/t gold and 0.42% copper) the intercepts in the three holes suggest that the mineralised intrusive has been clipped and the drilling has not cut across the potential porphyry body to date. Further drilling is underway in the Villa Rica area based on these results. The results reported today from the Villa Rica area include the following highlights | |
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