Key Points:

• New RC drilling program to start at Mesa de Plata within days

• Environmental approval granted for close-spaced 65 hole program

• Drill program will be appropriate for mineral resource estimation

• Access track construction and drill site preparation is underway

• Diamond core drilling at Mesa de Plata is nearing completion

Azure Minerals Limited (ASX: AZS) (“Azure” or “the Company”) is pleased to advise that it will recommence drilling within the next few days on the Mesa de Plata silver discovery after receiving approval for a comprehensive Reverse Circulation (RC) drill program.

Following the discovery of extensive, high grade silver mineralisation at Mesa de Plata (refer ASX release 16 September 2015), part of the Alacrán Project, located in the northern Mexican state of Sonora, Azure has planned a follow-up, close-spaced RC drill program to define the extent and grade of the mineralised system.

The program will comprise about 65 vertical holes, each to be drilled to a depth of about 100m. Holes will be located on an approximate 50m x 50m spacing, which should enable a mineral resource to be estimated. Hole locations for the proposed program are shown in Figure 1.

Drilling will start within the next few days and is expected to take between 6-8 weeks to complete. Azure will report results as they become available.

DIAMOND DRILLING UPDATE

The diamond drilling program comprising five holes is continuing at Mesa de Plata. Three holes have been completed to date, with MDPD-01 twinning RC hole LM-09, MDPD-02 twinning LM- 06 and MDPD-03 twinning LM-07. These holes will provide drill core for mineralogical and metallurgical studies of the silver mineralisation, and also provide a comparison between diamond core assay results versus RC assay results for mineral resource estimation purposes.

Two further diamond core holes (MDPD-04 & 05) will be drilled to provide samples of the high grade silver mineralisation in the northern part of the mineralised zone.

Azure will provide further information from this drilling program when results become available.

-ENDS-

Information in this report that relates to previously reported Exploration Results has been crossedreferenced in this report to the date that it was reported to ASX. Azure Minerals Limited confirms that it is not aware of any new information or data that materially affects information included in the relevant market announcement.

Original Article and Figures: http://www.azureminerals.com.au/azs//assets/2015/10/1490739.pdf