Azure increases Promontorio with Cascada maiden

THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has completed a maiden JORC 2012-compliant Mineral Resource for the Cascada copper-gold-silver deposit, which has upgraded total mineral resource for the Promontorio project in Mexico.

The maiden Cascada Mineral Resource has come in at:

2.06 million tonnes at 1.9 per cent copper equivalent (0.9% copper, 1.6g/t gold, 27g/t silver) for 38,600 tonnes contained copper equivalent (18,800 tonnes copper, 107,200 ounces gold, and 1.76 million ounces silver).

The Cascada Resource takes the total Mineral Resources for the Promontorio project to:

2.9 million tonnes at 2.5 per cent copper equivalent (1.4% copper, 1.6g/t gold, and 35g/t silver) containing 72,800 tonnes copper equivalent (39,600 tonnes copper, 151,000 ounces gold, and 3.26 million ounces silver).

“I am pleased to present this maiden JORC Mineral Resource for the Cascada deposit, which adds substantially to the resources already identified at Promontorio,” Azure Minerals managing director Tony Rovira said in the company’s announcement to the Australian Securities Exchange.

“I am confident that with the exploration being undertaken under the Earn-In and joint Venture Agreement with Kennecott, more targets will be identified that could further increase the overall resource base of the Promontorio project.”

Email: admin@azureminerals.com.au

Website: www.azureminerals.com.au