Azure Minerals pleasantly surprised by silver hits

THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has received silver assays from diamond drilling recently carried out at Mesa de Plata Norte, part of the company’s Alacrán project in Mexico.

The results come from drill holes Azure had previously assessed visually to have limited potential, however these have returned assays identifying surface silver mineralisation at Mesa de Plata Norte.

Assays of mineralised drill intercepts returned:

MDPD-023
6.2 metres at 162 grams per tonne silver from surface;

MDPD-024
4.5m at 52g/t silver from surface;

MDPD-026
6.4m at 65g/t silver from surface; and

MDPD-027
3.8m at 92g/t silver from surface;

Assays are pending from holes MDPD-028 and MDPD-030 while the company starts additional drilling to test potential mineralised extensions to the south of Mesa de Plata Norte.

“Early visual inspection of drill core from Mesa de Plata Norte led us to believe there was limited potential for this area to host significant silver mineralisation,” Azure Minerals managing director Tony Rovira said in the company’s announcement to the Australian Securities Exchange.

“However, it is pleasing to see that these assay results now indicate potential for additional silver mineralisation north of the existing Mesa de Plata mineral resource.

“Although we don’t expect this new area to form a significant new body of mineralisation in its own right, the grades are reasonable and the mineralisation is situated at surface, indicating it could form a nice addition to the existing resource.

“Further drilling will be undertaken in the 300 metre gap between the northern resource boundary of the Mesa de Plata deposit and these Mesa de Plata Norte drill holes to determine the extent of the mineralisation.”

Email: admin@azureminerals.com.au

Website: www.azureminerals.com.au