Azure Minerals Expands Barton Gold Project
THE CONFERENCE CALLER: Azure Minerals (ASX: AZS) was anticipating a rush of booth enquiries at the 2022 RIU Explorers Conference after announcing the staking of two new Exploration Licence Applications (ELAs) in the Kookynie gold district and application for an additional two new ELAs to the south of the company’s Barton tenement package.
Azure has made application for two Exploration Licences located within the Kookynie gold district.
The tenements are:
• Christmas Well ELA 40/421 69sqkm Azure is sole applicant;
• Two Dees ELA 40/432 33sqkm Azure is sole applicant.
Christmas Well is thought to have potential for Kookynie-style gold mineralisation and Volcanogenic Massive Sulphide (VMS) mineralisation (copper-zinc-lead-gold-silver).
Two Dees is considered prospective for gold mineralisation similar to Genesis’ nearby Ulysses and Admiral-Butterfly-Clark gold deposits.
Azure has also made applications for two new Exploration Licences further south from Kookynie:
• Cranky Jack ELA 31/1310 173sqkm Azure is sole applicant; and
• Yarri ELA 31/1314 208sqkm Multiple applications, pending ballot.
Azure Minerals expects to eventually hold a large, strategically-situated portfolio of tenements within the Kookynie district with potential extensions to the south, comprising:
• One granted Exploration Licence (E40/393: 198sqkm);
• Six ELAs (totalling 483sqkm) with Azure as the sole applicant; and
• Four ELAs (totalling sq336km) where Azure is a competing applicant, and which will go into a Mining Warden’s Court ballot to decide ownership.
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Email: admin@azureminerals.com.au