Azure Minerals observes substantial spodumene-rich pegmatites at Target Area 3
October 10, 2023 at 01:41 pm EDT
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Azure Minerals Ltd (ASX:AZS, OTCMKTS:AZRMF) MD Tony Rovira tells Proactive drilling has commenced within Target Area 3 at the company’s Andover Project with the first three drill holes intersecting significant widths of spodumene-bearing pegmatites. He adds that assays from drilling within target areas 1 and 2 have also confirmed more broad intersections of lithium mineralisation. Meanwhile, AZS has welcomed the results of maiden metallurgical test work which produced a spodumene concentrate of 5.59% lithium at a recovery rate of 82.37%.
Azure Minerals Ltd is led by a proven and well-credentialled technical and management team with a track record of successfully exploring and developing projects into long-term operations.
Azure has embarked on an accelerated growth strategy to rapidly advance the Company’s multi-commodity, battery metals-rich Andover Project. The major focus is on building lithium resources through an intensive multi-rig drilling campaign and commencing development studies. Progressing the nearby nickel-copper-cobalt sulphide deposits is continuing through ongoing exploration and development studies.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Azure Minerals Limited is engaged in the exploration and development of lithium and nickel assets. The Company is focused is on building lithium resources through a multi-rig drilling campaign. Its projects include Andover Nickel-Copper Project, Turner River Gold Project, Coongan Gold Project, and Barton Gold & Base Metals Project. Andover Nickel-Copper Project located in the West Pilbara region of Western Australia. The Project is located immediately south of the town of Roebourne and 35 kilometers (km) southeast of Karratha. The Barton Gold & Base Metals Project lies adjacent to the gold mining town of Kookynie, approximately 40 km south of Leonora in the Eastern Goldfields region of Western Australia. Turner River comprises two unexplored exploration license applications covering over 450 square kilometers (km2) located just south of Port Hedland. The Coogan Project is located in the eastern Pilbara about eight km to the west of Nullagine and covers an area of 223km2.