AZURE MINERALS HIGHLIGHTS
30,000m diamond drilling program underway to define a mineral resource within the mineralised body represented by the 1,050m-long and +200m-deep VC-07 conductor
Downhole electromagnetic (DHTEM) surveying demonstrates significant down-dip extension of VC-07 conductor which will be drill-tested in current program
First two drill rigs are on site and drilling, with the third rig expected to arrive in mid-January
Drilling will also test several other geophysical targets, including the VC-23 conductors where historical drilling by the
Azure is fully funded to continue its intensive 3-rig exploration and resource definition drill program at Andover with
Commenting on Azure's 2021 exploration program at Andover, Managing Director, Mr.
'Following on from our highly successful maiden drilling campaign undertaken last year, the Company has commenced a 30,000m exploration and resource definition diamond drilling program. To accelerate our progress, three drill rigs will be utilised to define the extent of the VC07 mineralised body, with subsequent in-fill drilling to produce a JORC mineral resource estimate.
'All seven holes drilled to date have intersected significant nickel-copper sulphide mineralisation associated with electromagnetic conductors. With the VC-07 conductor extending east-west for 1,050m, more than 200m vertically and remaining unconstrained at depth, we believe there is excellent potential to define a major nickel-copper sulphide deposit at Andover.
'While most of the planned drilling will focus on the VC-07 conductor, the Andover property is a target-rich environment for further nickel and copper sulphide discoveries. Geophysical surveying has identified numerous conductors indicative of bedrock-hosted sulphide mineralisation and drilling of the first of these prospective targets, VC-23, has commenced.'
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