THE DRILL SERGEANT: Azure Minerals’ (ASX: AZS) third hole at the company’s recently acquired Andover project (60% Azure / 40% Creasy Group) has intersected substantial shallow nickel and copper sulphide mineralisation.
Azure Minerals reported the result follows on from similar strong intersections encountered in the first two holes.
Drill hole ANDD0003 intersected generous quantities of massive, semi-massive, matrix, blebby and disseminated nickel and copper sulphide mineralisation in three shallow intervals of:
2.5 metres interval from 41.20m – includes 0.75m of massive and semi-massive sulphides;
9.25m interval from 62.8m – mostly blebby and disseminated sulphides; and
7.65m interval from 78.30m – includes 1.9m of massive and semi-massive sulphides.
“Drilling at Andover continues to deliver very exciting visual mineralisation with our third hole intersecting strong, near-surface nickel and copper sulphide mineralisation,” Azure Minerals managing director Tony Rovira said in the company’s announcement to the Australian Securities Exchange.
“Our fourth hole has now started, and it is targeting along-strike and down-dip mineralised extensions to the northwest.
“This is early stage drilling but with each of our first three drill holes successfully intersecting substantial widths of nickel and copper sulphides and the presence of strong electromagnetic conductors associated with this mineralisation, we are confident this mineralised system has the potential to be extensive.
“Importantly, spectral scanning of drill core from the first two holes has verified the presence of significant quantities of pentlandite (nickel sulphide) and chalcopyrite (copper sulphide) mineralisation, confirming the Company’s geological logging and visual estimations.”
Azure Minerals indicated it is continuing with surface fixed loop (FLTEM) and down-hole (DHTEM) electromagnetic surveys, along with modelling of this geophysical data to identify numerous EM conductor plates, providing additional targets for follow-up drilling.
The fourth diamond drill hole, ANDD0004, is in progress and it is targeting a strong and extensive conductor plate which is interpreted to represent the west/northwest down-dip extensions of the sulphide mineralisation intersected in the first three holes.