Location

Azure Minerals Limited (ASX: AZS) (“Azure” or “the Company”) is pleased to report that diamond drilling on its 100%-owned Oposura zinc-lead-silver project has recommenced.

This drill program will initially comprise some infill drilling in the East Zone mineral resource followed by more widely-spaced resource extensional drilling. The limited infill drilling is being conducted into some areas that are currently classified as JORC Inferred resources.

Further drilling will then seek to expand the mineral resource into the Central Zone, a 500mwide zone situated between the East and West Zones (refer Figures 1 & 2). The Central Zone has been only lightly tested by historical drilling and the mineralised horizon was intersected in several drill holes.

This new drilling follows on from the successful resource definition drill program which was completed in March 2018 that defined the Oposura Mineral Resource (refer to ASX announcement dated 4 July 2018).

Commenting on the drilling starting, Azure Minerals’ Managing Director, Mr Tony Rovira said: “Since acquiring Oposura only 12 months ago, we have advanced the project very efficiently and productively and the Scoping Study / Preliminary Economic Assessment is nearing completion.

“Meanwhile our drilling will continue to assess the near-term development potential of the project and also seek to expand the current mineral resource into the prospective Central Zone.”

 

Figure 1: Oposura project area with Mineral Resource outlines
 
 
 
 
 
Tony Rovira
Managing Director
Azure Minerals Limited
Ph: +61 8 9481 2555
Media & Investor Relations
Michael Weir / Cameron Gilenko
Citadel-MAGNUS
Ph: +61 8 6160 4903
 
 
 
 
 
 

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