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Azure Minerals Ltd.
Summary
| Project: | Oposura | |
|---|---|---|
| Deposit: | Oposura | |
| Location: | Mexico | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 12/13/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-12-2017: Azure Minerals Ltd. announces an Exploration/Drilling Update report for its Oposura deposit at the Oposura project. Drilling results incl. 16.62m @ 12.71% Zn, 5.47% Pb, 26.9g/t Ag from 21.2m. Azure Minerals Limited (ASX: AZS) (“Azure” or “the | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tony Rovira (Internal) | |
| ABSTRACT: | Azure Minerals Limited (ASX: AZS) (“Azure” or “the Company”) is pleased to report that diamond drilling is intersecting significant widths of high grade zinc and lead mineralisation on its flagship Oposura Project (“Oposura”), located in the northern Mexican state of Sonora (see Figure 1). Commenting on the drilling campaign, Azure’s Managing Director, Mr Tony Rovira said, “The mineralised intercepts we are seeing are confirming the overall size potential and the internal continuity of the Oposura deposit. Particularly pleasing is that where we intersect massive sulphides, the high tenor of those sulphides is returning very high grades of zinc and lead, and with many of the holes intersecting large mineralised widths, the results are demonstrating positive signs for the mining studies currently underway. “Drilling is proceeding smoothly and is on time to be completed in February next year, enabling a maiden mineral resource estimate to be released around March to April next year. To date, 62 diamond drill holes have been completed for 3,661m. The drilling campaign to facilitate an initial JORC mineral resource estimate for Oposura is now more than half complete. Samples from 43 holes have been submitted to Bureau Veritas Laboratories in Vancouver, Canada for analysis, and assay results have been received for the first 19 holes. Historically, more than 100 diamond drill holes | |
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