AZS 0.00% $3.69 azure minerals limited

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    PROMONTORIO CONTINUES TO DELIVER
    HIGH GRADE RESULTS

    Mexican-focused Azure Minerals Limited (“Azure” or “the Company”) is pleased to provide a further update on the diamond drilling program currently underway at its Promontorio Project, located in the Mexican state of Chihuahua.

    HIGHLIGHTS

    • Assays for the first 16 holes have now been received - economically significant mineralisation present in 14 holes

    • High grade copper assays continue to be returned from resource extension drilling, including:

    o 1.5 metres @ 11.9% Copper Equivalent (CuEq1)
    o 1.1 metres @ 7.8% CuEq

    • Two new targets separate from the resource area have been identified and will be drill tested in the current program

    • Inspection of recent drill core identifies likely high grade copper mineralisation in vein extensions and in newly identified veins outside of the existing JORC resource – assays pending

    • Drill program of 33 holes drilled for approximately 3,550m nearing completion

    • Assays results for the remaining 17 holes will be received progressively over the next two to four weeks

    • Strong news flow from Promontorio and other Mexican projects expected to continue across Q1 2013
 
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