On 13th August Azure Minerals Limited (ASX: AZS) announced that results of the mineralised intercept in drillhole APR-DD-009 were delayed due to the presence of three very high grade copper samples. Those copper grades required re-analysis using a specialised technique as they were too high for standard analytical methods. The Company is pleased to advise that it has now received those outstanding assays, which to date are the highest copper grades returned from the Promontorio Project, being: • 0.50 metres @ 43.9% copper from 86.00m; • 0.50 metres @ 46.6% copper from 90.25m; and • 0.40 metres @ 44.2% copper from 130.60m. These samples are contained within wider zones of massive sulphide mineralisation which returned the following exceptional high grade intercepts: Mina Vieja Vein • 9.40 metres @ 12.5% copper, 3.9g/t gold & 266g/t silver from 82.00m; including: 2.65 metres @ 27.7% copper, 7.4g/t gold & 501g/t silver from 84.50m; and: 1.35 metres @ 28.1% copper, 6.1g/t gold & 654g/t silver from 89.75m. Veta Grande Vein • 1.40 metres @ 20.7% copper, 1.2g/t gold & 270g/t silver from 130.60m; including: 0.80 metres @ 35.6% copper, 1.8g/t gold & 455g/t silver from 130.60m. To date Azure has completed drilling 29 holes for a total of 5,239 metres, and analytical results have been received for drillholes APR-DD-001 to 010. Resource definition drilling is continuing and the Company is on track to complete and publish a Mineral Resource in the fourth quarter of 2008. -ENDS- For further information, please contact: Tony Rovira Shane Murphy Executive Chairman Porter Novelli Azure Minerals Ltd +61 8 9386 1233 +61 8 9481 2555 +61 (0)420 945 291 Or visit www.azureminerals.com.au Competent Person Statement: Information in this report that relates to Exploration Results is based on information compiled by Mr Pat Manouge, who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Manouge is a full-time employee of Azure Minerals Limited. Mr Manouge has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Manouge consents to the inclusion in the documents of the matters based on his information in the form and context in which it appears. TABLE 1 - SIGNIFICANT INTERCEPTS FROM DRILLHOLE APR-DD-009 DRILL HOLE FROM (m) TO (m) INTERVAL (m) COPPER (%) GOLD (g/t) SILVER (g/t) APR-DD-009 82.00 91.40 9.40 12.5 3.9 266 including 86.00 86.50 0.50 43.9 5.1 686 and 90.25 90.75 0.50 46.6 7.2 873 130.60 131.40 1.40 20.7 1.2 270 including 130.60 131.40 0.80 35.6 1.8 455 including 130.60 131.00 0.40 44.2 1.4 508 Intersections selected are based on sulphide intercepts using a 0.5% copper lower cut-off, no upper cut, with maximum 4m internal dilution. Samples are all HQ quarter core. Sample preparation was undertaken by ALS-Chemex (Hermosillo) and analysed by ALS-Chemex (Vancouver) using ICP-AES (for silver and base metals) and Fire Assay / AAS (for gold) methods. Certified Reference Standards and blank check samples are inserted at regular intervals to provide assay quality checks. Review of the standard and blank samples are within acceptable limits. TABLE 2 – PROMONTORIO DRILL HOLE DETAILS DRILL HOLE EASTING (mE) NORTHING (mN) ELEVATION (mASL) DIP AZIMUTH DEPTH (m) APR-DD-001 9997 10096 2041 -45 045 158.65 APR-DD-002 10016 10021 2012 -53 090 137.45 APR-DD-003 9997 10096 2041 -47 090 100.25 APR-DD-004 10026 9999 2023 -54 090 157.70 APR-DD-005 9997 10096 2041 -60 090 188.00 APR-DD-006 9978 10060 2014 -46 090 144.70 APR-DD-007 9997 10096 2041 -69 090 152.45 APR-DD-008 9978 10060 2014 -57 090 160.00 APR-DD-009 9997 10096 2041 -80 090 210.35 APR-DD-010 9957 10063 2010 -63 090 182.75 APR-DD-011 9989 10013 2020 -52 090 142.50 APR-DD-012 10002 10050 2015 -45 090 102.80 APR-DD-013 9972 10148 2040 -55 090 211.00 APR-DD-014 9989 10013 2020 -69 090 179.60 APR-DD-015 9972 10148 2040 -61 090 194.40 APR-DD-016 9989 10013 2020 -61 090 201.00 APR-DD-017 9972 10148 2040 -66 090 270.45 APR-DD-018 9940 10026 2024 -50 090 140.40 APR-DD-019 9993 10099 2035 -75 090 195.00 APR-DD-020 9940 10026 2024 -60 090 230.95 APR-DD-021 9922 10140 2007 -45 090 160.00 APR-DD-022 9940 10026 2024 -66 090 201.00 APR-DD-023 9922 10140 2007 -53 090 240.00 APR-DD-024 10039 10035 2013 -45 090 57.10 APR-DD-025 9922 10140 2007 -60 090 275.00 APR-DD-026 To Be Drilled APR-DD-027 To Be Drilled APR-DD-028 9953 10065 2003 -70 090 225.00 APR-DD-029 9875 10099 2012 -55 090 124.35 APR-DD-030 To Be Drilled APR-DD-031 9930 10101 2008 -64 090 261.55 APR-DD-032 To Be Drilled APR-DD-033 9930 10101 2008 -55 090 184.55 All drillhole collars were surveyed by DGPS with accuracy of +/- 10mm. Drillhole coordinates are in local grid, parallel to UTM NAD27 grid. All drillholes were down hole surveyed for dip and azimuth at approximately 30 metre intervals down hole. Elevation is metres above sea level. Azimuth is true bearing. FIGURE 1 – PROMONTORIO DEPOSIT GEOLOGY
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