Azure Minerals (ASX:AZS) has recorded a "monster" of a copper intercept from drilling assays from Promontorio deposit, located in the Mexican state of Chihuahua.
The 70.0 metre at 2.7% copper equivalent drill intercept was from Cascada – 200 metres northwest of Promontorio.
It also included 35.9 metres at 4.8% CuEq, including 11.25 metres at 10.5% CuEq.
There were also additional good copper intersections at a newly identified prospect Risco Dorado, 600 metres northwest of Promontorio.
A total of 33 diamond core holes were drilled for 3,588 metres at Promontorio deposit.
The aim was to expand the resource base and on results to date, the probability is strong of a significant resource upgrade.
A JORC resource upgrade is due for early Q2 2013.
The Promontorio drilling has delivered multiple intercepts of economically significant mineralisation.
There were also good widths of high grade copper, gold and silver mineralisation from areas untested by previous exploration.
The results also would indicate that Azure may have another potential copper system on its hands adjacent to Promontorio.
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