Azure Minerals Ltd (ASX:AZS) non-executive director Peter Ingram has demonstrated his faith in the company’s nickel-copper-cobalt strategy with the on-market purchase of shares.
On June 29, Ingram acquired 250,000 shares in an indirect interest for a total value of $59,396.
The number of securities held in that interest after the change increased to more than 1 million.
Broad nickel-copper zones
Earlier this month, the company hit further broad zones of nickel-copper sulphides during exploration at its Andover project in Western Australia’s Pilbara region.
Seven holes drilled across the VC-07 West and VC-07 East prospects, situated within the VC-07 mineralised corridor, intersected broad zones of sulphide mineralisation.
The latest seven holes form part of a broader, 30,000-metre exploration program, announced in January this year, aimed at defining a mineral resource within the VC-07 corridor.
So far, Azure has completed 49 diamond drill holes, covering nearly 22,000 metres, along Andover’s flagship mineralised corridor and the VC-23 prospect.