Azzuro Resources opens up VMS play with Red Hill phase one drilling in Mongolia

• Phase 1 drilling now complete with 1,883.9m drilled
• A drillhole confirms continuity of massive sulphide zone
• High success rate of five of the six holes intersecting the targeted system
• Massive sulphide system visually confirmed over approximately 272m

Azzuro Resources (ASX:AZ9) has confirmed a lengthy massive sulphide system in the first phase of its 2026 diamond and reverse circulation (RC) drilling program at the Red Hill copper-gold volcanogenic massive sulphide (VMS) project in Mongolia.

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The now completed drilling intersected the targeted system in five out of six holes in the 1883.9m program.

MD, Gan-Ochir Zunduisuren, said the company’s first major drilling program at Red Hill has opened up a potentially material VMS play and provided the company with a robust understanding of the mineralisation system.

“Assays for most of the program are due in only a matter of weeks. We are building a detailed picture of a substantial VMS system that remains open in several directions – at a time when the world has rarely, if ever, been more bullish on copper,” he said.

“With downhole electromagnetics about to begin and our gravity, resistivity and chargeability datasets still to be integrated, we have a clear program of work ahead to define the full size of the system and to vector towards its higher-grade zones.”

Since commencing on 30 April 2026, the company has completed 15 drillholes at Red Hill made up of 12 diamond holes, including a re-drill, and three reverse circulation holes.

The program had two objectives, to extend and define the VMS copper-gold massive sulphide system with six holes and to test the separate near-surface oxide gold-silver zone to the north of the VMS with seven holes, together with a shallow gold-copper target in the southwest with a single hole.

Of the six holes drilled to test the massive sulphide zone, five intersected massive sulphide, and while the other returned no massive sulphide it recorded copper mineralisation, with azurite and malachite staining in the near-surface oxidised zone and a strongly pyritic interval carrying weak chalcopyrite veining and minor bornite from approximately 80 to 94m.

The massive sulphide system has now been visually intersected over approximately 272m metres of strike.

The company will integrate the drilling results with its geological and geophysical datasets to refine targeting and guide further drilling.

The company expects additional DHEM will further define the continuity of the massive sulphide and generate drill targets ahead of the next phase. DHEM surveying of the 2026 diamond holes is about to commence.

AZ9 is steady at 1.7¢. Mkt cap $737.1K.

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