Azure Minerals encounters big gold hits at Loma Bonita

THE DRILL SERGEANT: Azure Minerals (ASX: AZS) informed the market that on-going diamond drilling being carried out at the company’s Alacrán project in Mexico has intersected a thick zone of high-grade gold mineralisation at the Loma Bonita prospect.

Results include:

MDPD-012
48 metres at 2.68 grams per tonne gold and 23.1m at 32g/t silver, including 27m at 4.07g/t gold and 27g/t silver from 23.1m, including 15.6m at 5.18g/t gold and 22g/t silver from 23.1m; and

MDPD-011
18.4m at 1.57g/t gold and 40g/t silver from surface.

“This is very exciting, particularly as the gold grades and thicknesses appear to be increasing towards the south,” Azure Minerals managing director Tony Rovira said in the company’s announcement to the Australian Securities Exchange.

“As with previously announced gold intercepts at Loma Bonita, this mineralisation is situated near surface within oxidised rocks, which is very promising for future mining and processing operations.

“I now consider Loma Bonita to be a gold project with excellent silver credits.

“The high gold grades and significant widths of these intercepts augur well for the possible delineation of a significant gold deposit and are positive for the future development of the Alacrán project.”

Email: admin@azureminerals.com.au

Website: www.azureminerals.com.au