Mexican focused Azure Minerals Limited is pleased to announce that it has completed its current phase of drilling at the Promontorio Project and nearby Cascada Prospect. Assays received demonstrate strong copper, gold and silver results from the diamond drilling program at Promontorio with the strike length now extended.
In addition, to follow up some exciting drill results recorded by Placer Dome in the 1990’s, Azure drill tested the Cascada Prospect for the first time, intersecting a very encouraging wide zone of 137.3 metres of gold and silver mineralisation.
Further highlights include:
· Promontorio strike length increased to 400m
· Cascada identified as a bulk tonnage gold-silver target
· Additional resources anticipated through further drilling
Commenting on the latest results Executive Chairman Tony Rovira stated,“We have concluded this phase of drilling on a very high note indeed. Not only have we extended the strike length of the Promontorio mineralised system to over 400 metres, but we have also identified a new high grade copper-gold bearing vein located to the west of the existing Mineral Resource, thereby opening up a new target for additional resources.”
“In addition, our drilling at the nearby Cascada Prospect has returned results demonstrating significant gold and silver mineralisation. Combining this with the historical drilling by Placer Dome, we conclude that Cascada is a valid bulk tonnage gold-silver target that very much merits further exploration, which we are planning.”
Latest significant drill intercepts include:
PROMONTORIO
APR-DD-048: 0.75 metres @ 5.16% Copper, 0.4g/t Gold & 190g/t Silver from 200.55m
APR-DD-050: 3.70 metres @ 8.83% Copper, 6.6g/t Gold & 57g/t Silver from 18.0m
and: 1.70 metres @ 1.59% Copper, 0.5g/t Gold & 18g/t Silver from 193.7m
APR-DD-051: 5.60 metres @ 2.53% Copper, 0.4g/t Gold & 26g/t Silver from 218.3m
including: 2.15 metres @ 1.86% Copper, 0.5g/t Gold & 26g/t Silver from 218.3m
and: 0.90 metres @ 9.85% Copper, 1.0g/t Gold & 75g/t Silver from 223.0m
CASCADA
APR-DD-054: 137.3 metres @ 0.42g/t Gold & 6g/t Silver from 48.3m (hole finished in mineralisation)
For full details of the release, please see the PDF attached which includes maps showing Cascada and Promontorio within the project area.
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