Join our daily newsletter At The Bell to receive exclusive market insights
- Outstanding high-grade copper-gold-zinc-silver intersection confirmed
- Results back-up previous visual copper-rich massive sulphide hit
- Shallow gold mineralisation extended over a potential 600m strike
- Further assay results and integrated geophysical interpretation imminent
Azzuro Resources (ASX:AZ9) has identified high-grade copper-gold-zinc and silver in a second batch of assay results from its 2026 drilling program at the company’s Red Hill volcanogenic massive sulphide (VMS) project in Mongolia.
Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.
Results from a new sulphide intersection has confirmed Red Hill as a VMS high grade zone discovery, with drillhole MU2603 delivering 21.45m at 1.70% copper, 0.85 grams per tonne (g/t) gold, 16.86 g/t silver and 0.21% zinc from 83.2m, including 8.0m at 3.27% copper, 1.04 g/t gold, 18.09 g/t silver and 0.20% zinc from 95.0m.
MD, Gan-Ochir Zunduisuren, said the outstanding results from MU2603 have exceeded the company’s expectations.
“The significantly higher copper grades encountered up-dip from last year’s project due diligence drilling reinforce our belief that Red Hill hosts a substantial high-grade copper-gold VMS system with excellent potential,” he said.
“Equally encouraging is the confirmation of a broad, shallow gold zone north of the VMS system. Drillholes MURC02 and MU26021 indicate that this mineralisation may extend over more than 600 metres of strike, highlighting an additional exploration opportunity that could materially enhance the project’s overall potential value.
“With further assay results pending and geophysical datasets being integrated, we are excited about defining the scale of the system in due course. Importantly, our 2026 exploration program is fully funded, positioning us to maintain strong news flow as we continue to unlock critical mineral potential in the southwestern part of Mongolia.”
MU2603 was drilled to intersect a downhole electromagnetic (DHEM) conductor plate modelled from drillhole MU25024 and to test for an up-dip extension of the massive sulphide intersected in MU25022.
The assays confirm that copper tenor in the MU2603 massive sulphide has increased significantly relative to the equivalent intercept in MU25022.
Below the main massive sulphide, the hole returned a number of further mineralised intervals, including a discrete semi-massive sulphide vein of 0.45m at 2.67% copper, 0.63 g/t gold, 5.9 g/t silver and 0.68% zinc from 126.95m, reported within the broader 9.05m at 0.33% copper, 0.13 g/t gold from 126.95m mineralised composite.
A further hole, MU2602, was drilled to test the eastern extension of the mineralised system beneath a hematite- limonite-rich hydrothermal breccia mapped at surface. The hole returned copper and gold mineralisation over several intervals. The principal results are 18.25m at 0.67% copper, 0.16 g/t gold and 0.15% zinc from 68.75m.
AZ9 was steady at 1.8¢ with a Mkt cap of $780.5K prior to markets opening.
Join the discussion: See what HotCopper users are saying about Azzuro Resources and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
