Visible mineralisation at Potreritos

30 April 2007 | 07:55 Code : 13563 Geoscience events
Mexican-focused precious and base metals explorer Azure Minerals Limited has....

  Mexican-focused precious and base metals explorer Azure Minerals Limited has completed drilling five diamond core holes at its Potreritos project in Sonora State, Mexico.Three of the drill holes intersected visible copper sulphide mineralisation hosted in multiple flat-lying breccia zones and encouragingly the mineralisation continues to be present at shallow depths.Potreritos, situated in a district known for numerous copper, silver and molybdenum mines, is the first target of Azure’s second phase drilling program that commenced in February following initial exploration success late last year. The drilling is part of a 5,000m campaign that includes at least four other promising targets to be drilled by mid-year.The copper mineralisation at Potreritos predominantly comprises chalcopyrite (copper sulphide) and tetrahedrite (copper – silver sulphide) occurring in veins and disseminated zones hosted within hydrothermal magmatic breccias.Assay results have now been received for the first three holes and are pending for the remaining two holes. Significant intercepts include: · POT-DD-001 2.0m at 1.21% copper and 16.3 grams per tonne (g/t) silver from 130.0m and 26.0m at 0.55% copper and 4.4g/t silver from 147.0m including 15.0m at 0.74% copper and 5.4g/t silver from 158.0m; and· POT-DD-002 28.5m at 0.45% copper and 6.3g/t silver and 0.2g/t gold from 13.0m including 2.0m at 1.08% copper and 10.5g/t silver from 13.0m, 3.0m at 1.15% copper and 14.5g/t silver from 38.5m. Following the completion of the current drilling at Potreritos, the rig is currently moving to the Jaguey prospect, where at least four drill holes will follow up previous very high grade drill intercepts hosted in massive sulphide veins. This sulphide mineralisation commences at surface, with the veins previously mined to shallow depths by colonial (Spanish) miners.Azure’s holds 14 projects in Sonora, Mexico in joint venture with TSX-V listed Geoinformatics Exploration Inc.

tags: QAZVIN

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