THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has encountered nickel and copper sulphide mineralisation at a second target on the company’s Andover nickel-copper project (60% Azure / 40% Creasy Group) in Western Australia.
Azure Minerals announced mineralisation has been observed in each of the first three diamond core holes (ANDD0009, ANDD0010 and ANDD0011) drilled at the VC-23 target.
The company explained that VC-23 comprises a high-order, yet separate and distinct group of surface fixed loop (FLTEM) and downhole (DHTEM) electromagnetic conductor plates located three kilometres northeast of the discovery VC-07 conductor.
“This is a very exciting result for Azure and highlights the potential of Andover to host multiple nickel-copper sulphide deposits,” Azure Minerals managing director Tony Rovira said in the company’s ASX announcement.
“EM surveying has identified numerous conductors indicative of bedrock-hosted sulphide mineralisation and, geologically, Andover does not appear to have any physical characteristics that may generate false positives.
“Importantly, wherever we have drilled an EM conductor at Andover we have intersected nickel-copper sulphide mineralisation and this 100 per cent hit-rate has continued with the successful drilling of the new targets at VC-23.
“While most of our drilling in 2021 will be focused on delivering a JORC mineral resource for the VC07 conductor several other significant, high-priority conductor targets have been identified and drilling of these will be tested concurrently.”
TO READ THE ANNOUNCEMENT IN FULL: CLICK HERE