Azure Minerals completes Mesa de Plata Resource drilling
THE DRILL SERGEANT: Azure Minerals (ASX: AZS) Announced the completion of a Reverse Circulation (RC) resource drill-out program of the Mesa de Plata silver mineralised zone at the company’s Alacrán project, located in the northern Mexican state of Sonora.
With the drill program completed, Azure is now able to commence the calculation of a JORC-compliant Mineral Resource estimate.
The company anticipates to have this completed by March.
In addition to the upcoming Resource calculation, Azure is carrying on with its on-going exploration program.
These activities continue to confirm the presence of noteworthy gold and silver targets, for which follow-up drilling is expected to commence shortly.
“Our exploration is continuing and studies by our geologists and external consultants indicate that the alteration and mineralisation styles at Mesa de Plata and in nearby areas are typical of other lithocap-hosted, epithermal gold and silver deposits in Mexico and elsewhere in Latin America,” Azure Minerals managing director Tony Rovira said in the company’s announcement to the Australian Securities Exchange.
“This supports the company’s belief that a large mineralising system is present here with potential to host significant precious metal deposits.”
Email: admin@azureminerals.com.au
Website: www.azureminerals.com.au