- Azure Minerals (AZS) has intersected significant nickel and copper sulphide mineralisation at the Andover Project’s VC-23 prospect
- Multiple holes at the target returned substantial assays, including massive, semi-massive, and matrix nickel-copper sulphides
- Azure Minerals believes that VC-23 could potentially host a mineralised system similar to the significant discovery at the VC-07 prospect
- Further drilling is planned to take place at the VC-23 target, once heritage clearances are granted
- Azure Minerals is up 3.28 per cent and trading at 32 cents per share
Azure Minerals (AZS) has intersected significant nickel and copper sulphide mineralisation at the Andover Project’s VC-23 prospect.
The Andover Nickel–Copper Project, which Azure Minerals owns 60 per cent of, is located in Western Australia.
Multiple diamond drill holes at the VC-23 target returned substantial assays, including massive, semi-massive, and matrix nickel-copper sulphides. These results included intersections such as seven metres at 1.35 per cent nickel and 0.45 per cent copper from 95 metres in hole ANDD0012.
Another encouraging intersection was four metres at 1.69 per cent nickel and 0.21 per cent copper from 32.7 metres in hole ANDD0011. This particular hole included a 2.7-metre-long intersection at 2.29 per cent nickel and 0.48 per copper from 96 metres.
Azure Minerals’ Managing Director, Tony Rovira, commented that the company has started 2021 at Andover with strong momentum on several fronts.
“Drilling continues to expand the substantial body of nickel-copper sulphide mineralisation at VC-07, while our first reconnaissance drilling on another high-priority target has resulted in a new discovery of significant nickel and copper sulphides at VC-23,” he said.
“Furthermore, the company’s ongoing geophysical exploration continues to identify more prospective targets for drilling, demonstrating the highly prospective character of the entire Andover project,” he added.
Tony went on to share how the company believes that VC-23 could potentially host a mineralised system similar to the significant discovery at the VC-07 prospect. With this in mind, further drilling is expected to take place at the VC-23 target, once heritage clearances are granted.
Two diamond rigs are continuing to drill at the already successful VC-07 prospect, with assays for another 18 completed drill holes pending.
Azure Minerals is up 3.28 per cent, trading at 32 cents per share at 12:29 pm AEST.