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Azure Minerals Ltd.
Summary
| Project: | Oposura | |
|---|---|---|
| Deposit: | Oposura | |
| Location: | Mexico | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 3/22/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-3-2018: Azure Minerals Ltd. announces an Exploration/Drilling Update report for its Oposura deposit at the Oposura project. Drilling results incl. 7.40m @ 14.95% Zn, 0.92% Pb, 56.22g/t Ag from 60.45m. 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 advise that resource definition drilling of the Company’s flagship Oposura Project continues to deliver solid and very encouraging results. The initial mineral resource estimate is due in May and the release of the Scoping Study / Preliminary Economic Assessment is expected in Q3 2018. Rock chip sampling of outcropping mineralisation at the West Zone returned individual grades up to 43.7% Zn and 29.6% lead, with combined grades up to 59.6% Zn+Pb (see Table 1). Drilling along strike from this mineralised outcrop intersected high-grade zinc and lead sulphide mineralisation which extends at shallow depths over an area of more than 400m (east-west) by 400m (north-south), with excellent internal continuity of the horizontal mineralised zone. The mineralisation remains open to the north and east. | |
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