Azure Minerals (ASX:AZS) - Managing Director, Tony Rovira
Managing Director, Tony Rovira
Source: The Northern Miner
The Market Online - At The Bell

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  • Azure Minerals (AZS) has intersected more nickel-copper sulphide mineralisation in its ongoing drilling program at the Andover project in WA
  • 10 holes have been drilled at the VC-07 conductor to define a mineral resource estimate for the prospect
  • One of the recently drilled holes intersected a 21.5-metre interval containing multiple zones of nickel-copper sulphides
  • Mineralisation at the prospect now extends for more than 200 metres along strike, and down-dip and remains open
  • Azure believes this highlights the potential for a substantial mineralised system at VC-07
  • Azure is down 19.1 per cent and shares are trading at 34 cents per share

Azure Minerals (AZS) has provided a drilling update for the VC-07 prospect at the Andover Nickel-Copper Project in WA’s West Pilbara region.

Azure is undertaking a drilling program at its 60 per cent-owned project, which is aimed at defining a mineral resource at the VC-07 conductor. This prospect is believed to represent a continuous body of bedrock sulphide mineralisation.

A total of 10 holes, for 4266 metres, have been drilled at the VC-07 prospect — three of which have been completed since the program restarted last month.

Two of these holes intersected significant intervals of massive, semi-massive, matrix and disseminated nickel-copper sulphides.

Specifically, ANDD0014 intersected a 21.5-metre interval containing multiple zones of nickel-copper sulphide mineralisation. Hole ANDD0015 intersected 18.5 metres of semi-massive, matrix and heavily disseminated nickel-copper sulphides.

The third hole is believed to have drilled the top of the conductor and intersected a narrow zone of weakly disseminated nickel-copper sulphides.

Since drilling restarted, mineralisation at VC-07 has been extended to more than 200 metres along strike and down-dip and remains open. Azure believes the expansion of mineralisation highlights the potential for a substantial mineralised system at VC-07.

The 30,000-metre drilling program is ongoing, and the company is also undertaking survey work over the VC-07 and VC-23 prospects. This will assist with generating follow-up drill targets.

Azure is down 19.1 per cent and shares are trading at 34 cents at 11:58 am AEDT.

AZS by the numbers
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