Highlights
Promontorio
- Detailed geological mapping and surface sampling continued on the Promontorio group of tenements with new vein systems identified.
- At the Creston Colorado prospect, the epithermal vein system has been defined over a one kilometre strike length with individual veins up to 20 metres thick. Drill targets identified with drilling planned for the March 2010 Quarter.
- A second epithermal gold-silver vein system identified at the Sehue prospect, located two kilometres east of Creston Colorado, returning grades up to 3.6g/t gold & 26g/t silver. Further exploration to define drill targets will be undertaken next Quarter.
- Several new mineralised structures identified around the Promontorio deposit. Drill testing of these targets is planned for the March 2010 Quarter.
La Tortuga Joint Venture
- Six hole (2,245m) Diamond drilling program completed and assays received.
- Porphyry copper and skarn copper-zinc mineralisation intersected.
- Best intercept of 26.9m @ 0.5% copper, 0.4% zinc & 12g/t silver returned from a depth of 130.0m, within an overall interval of 159.6m @ 0.2% copper and 0.2% zinc from surface.
- Encouraging results to be followed up by further evaluation of the geology and geochemistry to assist with vectoring in to higher grade areas of the porphyry system.
- Sole-funding by JOGMEC of US$3.0 million exploration expenditure over 3 years will earn it a 51% interest in the La Tortuga and Los Nidos properties (both currently 100%-owned by Azure).
Corporate
- Successfully completed a $1.0 million capital raising.
- Review of project portfolio underway, specifically targeting proposals which would allow Azure to apply greater exploration resources to a number of prospects.
Please click on the below link to view entire release.
Yours Sincerely,
Tony Rovira
Executive Chairman
Azure Minerals Limited
~~~~~~~~~~~~~~~~~~~~~Angela Fielder Executive Assistant Azure Minerals Limited Level 1, 30 Richardson St, West Perth, WA, 6005 PO Box 493, West Perth, WA, 6872 Ph: +61 8 9481 2555 Fax: +61 8 9485 1290 Web: www.azureminerals.com.au
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Azure Minerals Ltd
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EXPLORATION STAGE |
CODE : AZS.AX |
ISIN : AU000000AZS2 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Azure Min. is a copper and gold exploration company based in Australia. Its main exploration properties are SAN FRANCISCO JALISCO, SAN EDUARDO, LOS CHINOS, POZO DE NACHO, EL CUERVO, EL CARNERO, LA TORTUGA-LOS NIDOS, LOS VIBORAS and PROMONTORIO HIDALGO MAGISTRAL in Mexico. Azure Min. is listed in Australia. Its market capitalisation is AU$ 6.2 billions as of today (US$ 4.1 billions, € 3.8 billions). Its stock quote reached its lowest recent point on September 04, 2015 at AU$ 0.01, and its highest recent level on November 19, 2023 at AU$ 4.37. Azure Min. has 1 672 649 984 shares outstanding. |