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Azure Minerals (ASX:AZS) to recommence exploration following Mexican Government update

Mining
ASX:AZS      MCAP $1.692B
19 May 2020 16:00 (AEST)

Azure Minerals (AZS) will resume operations from June 1 following the Mexican Government classifying the mining industry as essential.

Azure is using the period leading up to June to implement changes to protocols and procedures to ensure workplace safety.

Before activities can formally recommence, the Ministry of Health will need to approve each company’s new safety measures.

Under these guidelines, Azure is implementing strict health, safety and hygiene standards, both at its office in Hermosillo and in the field, to minimise infection risks amongst its employees and members of local communities.

Once operations do resume, the company will conduct field exploration to follow up on silver, gold and copper targets identified in the most recent drilling campaign which was completed at Azure’s wholly-owned Alacrán Project in Mexico.

Main priorities of exploration include Mina San Simon where drilling near old mine workings returned 21 metres at 2.0g/t gold and 64g/t silver, and the new Gregors copper discovery where drilling intersected significant quantities of copper sulphide mineralisation.

Following the news, Azure Minerals is up a healthy 36.4 per cent and shares are trading for 12 cents each at 2:16 pm AEST.

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