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Azure Minerals Ltd.
Summary
| Project: | Oposura | |
|---|---|---|
| Deposit: | Oposura | |
| Location: | Mexico | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 1/16/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-1-2018: Azure Minerals Ltd. announces an Exploration/Drilling Update report for its Oposura deposit at the Oposura project. Drilling results incl. 16.62m @ 14.09% Zn, 7.95% Pb, 26.9g/t Ag from 21.2m. Azure Minerals Limited (ASX: AZS) (“Azure” or “the C | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tony Rovira (Internal) | |
| ABSTRACT: | Azure Minerals Limited (ASX: AZS) (“Azure” or “the Company”) is pleased to report additional nearsurface, high-grade zinc and lead drill results have extended the mineralisation previously reported 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 latest results from the Oposura East Zone continue to be encouraging, with high grade zinc and lead mineralisation being consistently intersected, confirming the continuity of the near to surface, massive sulphide mineralised horizon. While drilling initially focused on the East Zone, drilling is now being conducted concurrently in both the East and West Zones, and results continue to be regularly received. “The resource drill-out is proceeding smoothly and is on time to be completed in February, enabling a maiden mineral resource estimate to be released by April 2018. Further drilling to test possible resource extensions and additional exploration potential is in planning.” By the conclusion of 2017, Azure’s first drilling campaign at Oposura had completed 72 diamond drill holes for 4,424m, the majority of which were focused on the Oposura East Zone (see Figures 3 & 4). Following the end-of-year break, drilling has recommenced and is now being undertaken concurrently on both the East and West Zones and further results are expected to be reported shortly. | |
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