Azure Minerals Announces Final Drill Results from Oposura West Zone

Azure Minerals Limited announced the final assay results for its 100%-owned Oposura zinc-lead-silver project following the completion of the resource drill-out of the West Zone.

A highlight of the latest assay results is the intersection of 10.85 metres @ 14.39% Zn+Pb in drill hole OPDH-142 located on the northeastern edge of the West Zone resource drilling pattern. There is currently no drilling immediately to the northeast of hole OPDH-142 providing an opportunity for additional mineralised extensions in this direction.

The mineralisation intersected in OPDH-142 is situated at a depth of only 100m below surface, and it can be accessed with less than 200 metres of level mine development through mineralisation from where the mineralised zone outcrops.

This highlights the advantages provided by the flat-lying nature of the mineralisation in both the East and West Zones at Oposura.

Confirmation of the presence of massive sulphide mineralisation within the upper Candelaria Formation provides an opportunity to identify and potentially exploit mineralisation additional to that which is typically hosted within the underlying Arenillas Formation.

Drill hole OPDH-056 (refer Figure 3) intersected 2.8 metres at 19.0% Zn+Pb from a depth of 12.30 metres in the Candelaria formation as well as 3.7 metres at 15.59% Zn+Pb from 78.25 metres in the Arenillas formation.

Furthermore, it has been confirmed that historical exploratory underground mine workings elsewhere on the Oposura property accessed only outcropping Candelaria-hosted mineralisation and did not exploit underlying Arenillas-hosted mineralised zones. This provides Azure with the opportunity to identify buried, Arenillas-hosted mineralisation with further drilling.


Disclaimer

The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkine.com.au and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). The information on this website has been prepared from a wide variety of sources, which Kalkine Pty Ltd, to the best of its knowledge and belief, considers accurate. You should make your own enquiries about any investments and we strongly suggest you seek advice before acting upon any recommendation. Kalkine Pty Ltd has made every effort to ensure the reliability of information contained in its newsletters and websites. All information represents our views at the date of publication and may change without notice. To the extent permitted by law, Kalkine Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss or data corruption). If the law prohibits this exclusion, Kalkine Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services. There may be a product disclosure statement or other offer document for the securities and financial products we write about in Kalkine Reports. You should obtain a copy of the product disclosure statement or offer document before making any decision about whether to acquire the security or product. The link to our Terms & Conditions has been provided please go through them and also have a read of the Financial Services Guide. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s