Skip to main content
The Markets by Proactive
Go to Proactive UK

Mining

Azure Minerals given more time to update investors on Alacran Project

Azure Minerals (ASX:AZS) has been granted a voluntary suspension by the ASX, which follows an earlier trading halt, to provide details regarding the back-in right over the Alacran Project, which is located in Mexico.

Proactive

An announcement is expected before the opening of trade on Monday 19th December 2016.

Azure acquired 100% of Alacran from Teck in October 2016, with Teck now deliberating on a decision to back-in.

The project currently hosts: 26 million ounces at 84g/t silver.

This includes a high grade zone of: 15 million ounces at 220g/t silver.