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Mining

Azure Minerals intercepts 129m at 2.9% copper equivalent at Cascada in Mexico

Azure Minerals (ASX:AZS) has had a huge copper hit intercepting 129 metres at 2.9% copper equivalent that included a high grade zone of 10 metres at 14% CuEq at its Cascada copper-gold-silver project in Mexico.

The results are from the first three drill holes, and follow on from the discovery hole at Cascada that returned 70 metres at 2.7% CuEq, announced in February.

Drill results from the APR-DD-089 that hit 129 metres at 2.9 CuEq include 19 metres at 9.5% CuEq, while the APR-DD-090 returned 70 metres at 1.9% CuEq including 10 metres at 4% and hole APR-DD-088 hit a gold rich zone of 13 metres grading at 2.12g/t gold and 23g/t silver.

Visual inspection of the core also shows presence of copper sulphide mineralistion in all the holes drilled to date at the project, with dominant copper sulphide mineral being chalcocite.

Azure's current drilling program consists of 18 holes for a total of about 2,000 metres of which 17 have been completed.

Fifteen holes test the Cascada zone, while two tested the Rojo Grande target about 300 metres northeast from Cascada and one scout hole will test a zone of vuggy silica containing anomalous gold at Cascada.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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