Location

Key Points:

• RC drilling has started at Mesa de Plata

• Drill program has been designed to enable mineral resource estimation

• Diamond core drilling program at Mesa de Plata nearing completion

Azure Minerals Limited (ASX: AZS) (“Azure” or “the Company”) is pleased to advise that Reverse Circulation (RC) drilling has commenced on the Mesa de Plata silver discovery, part of the Alacrán Project, located in the northern Mexican state of Sonora.

This close-spaced drill program will define the extent and grade of the mineralised system. It will comprise about 65 vertical holes, each drilled to a depth of about 100m, located on an approximate 50m x 50m spacing which is expected to be sufficient for a mineral resource to be estimated.

Drilling is expected to take between 6-8 weeks to complete, with assay results being released to the market as they become available.

DIAMOND DRILLING UPDATE

The diamond drilling program comprising five holes at Mesa de Plata is nearing completion. The holes were drilled for mineralogical and metallurgical studies of the silver mineralisation and to provide a comparison between diamond core assay results versus RC assay results for mineral resource estimation purposes.

Three holes twinned the discovery RC holes, with MDPD-01 twinning hole LM-09, MDPD-02 twinning LM-06 and MDPD-03 twinning LM-07.

Two further diamond core holes were drilled into the northern part of the mineralised zone where rock chip sampling returned high grade silver mineralisation at surface.

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

-ENDS-

For further information, please contact:

Tony Rovira
Managing Director
Azure Minerals Limited
Ph: +61 8 9481 2555
 
Media & Investor Relations
Michael Weir
Citadel-MAGNUS
Ph:+61 8 6160 4903
 
 

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