THE DRILL SERGEANT: Azure Minerals (ASX: AZS) claimed confirmation of high-grade nickel-copper sulphide mineralisation at the company’s Andover nickel-copper project (60% Azure / 40% Creasy Group) southeast of Karratha in Western Australia.
Azure Minerals made the claim based on assay results from its maiden drilling program at the project.
Azure Minerals’ first diamond drill hole at Andover, ANDD0001, intersected:
3.9 metres at 2.85 per cent nickel and 0.47 per cent copper from 94.5m in massive sulphides contained within a broader interval of:
22.4m at 1.02 per cent nickel and 0.55 per cent copper from 81.6m.
A second zone of massive and matrix sulphides within this hole intersected:
5m at 2.09 per cent nickel and 1.14 per cent copper from 116m, contained within a broader interval of:
11.3m at 1.21 per cent nickel and 0.66 per cent copper from 110m.
These zones are contained within an overall mineralised envelope of:
39.7m at 0.95 per cent nickel and 0.52 per cent copper from 81.6m.
The second diamond drill hole, ANDD0002, intersected:
4.6m at 2.41 per cent nickel and 0.48 per cent copper from 113m in semi-massive and matrix sulphides, contained within a broader interval of:
13.6m at 1.19 per cent nickel and 0.38 per cent copper from 104m
Assays for the third hole, ANDD0003, are pending.
The fourth drill hole, ANDD0004, which is testing an entirely new target zone defined by a strong electromagnetic conductor, is nearing completion.
“With assays confirming that the massive and semi-massive sulphides seen visually in the first two drill holes contain high-grades of nickel and copper, and with our third hole intersecting similar-looking sulphide mineralisation, the Andover nickel-copper project is swiftly confirming our confidence in its potential to host a substantial nickel-copper deposit,” Azure Minerals managing director Tony Rovira said in the company’s ASX announcement.
“While we’re still at an early stage of our exploration, the intersection of good widths of nickel and copper sulphide mineralisation at shallow depths bodes well for further success and has encouraged us to drill test the electromagnetic conductors along strike and down-dip from our early holes.
“With additional drilling success, there is potential here for a sizeable nickel and copper deposit typical of other layered mafic-ultramafic-hosted nickel-copper deposits in Western Australia.”