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13/11/17

22:57

Post #: 28755479
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Originally posted by dj_420 ↑

One of the fantastic results that Azure has got in early reconnaissance sampling on the Sara Alicia project in Mexico.

Trench sampling at several localities got over 6% cobalt. Not sure if people realise the absolute significance of this, but if these sort of assays are replicated in drilling over any significant width this stock is going to explode.

AUZ and CLQ both have massive market caps on a very, very low grade Co, Ni and Sc deposits. Resource grades in the order of 0.1% Co at Nyngan/Fifield with complex laterite mineralogy to go with that deposit. If AZS can get a several meter intersection with several percent Co then this is going to be a fantastic result from one of the projects due to deliver results over coming weeks.

Interesting deposits with base metal occurrences in a number of varying Mantos style deposits on the property. Remains to be seen with drilling what extent and thickness the mineralisation is likely to be.

I think some of the South American and African junior explorers with Cu/Co potential have far greater upside than AUZ and CLQ. Much better grades in a number of these prospects and simpler metallurgy.

I think the funny thing about Nygnan/Fifield is that is has now been marketed three times over the past decade. First for the Ni potential. Then for the Sc potential. And now finally the focus is on the Co rich zones. Well I should say Co elevated zones, as to call it a Co rich deposit would not be doing other classical Cu/Co deposits justice.

Looking forward to results coming out over coming weeks.

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Great News. Anything to back it up, so to say?

AZS Price at posting: 2.6¢ Sentiment: Hold Disclosure: Held
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Great News. Anything to back it up, so to say?

Top Stories

Immutep reports strong response rate from immunotherapies treating carcinomas

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Nimy to raise $1.21M to explore 'newsy' WA targets

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Bitcoin investors need to know the risks

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

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