Australia's largest stock trading and investment forum Australia's #1 stock forum

AZS

Click for more information

0.00%

$3.69 azure minerals limited

I think sqm/management want to define a resource and get into...

First 13 Last

Share
Profile

Follow
Houdin1

284 Posts.

28

05/07/23

09:50

Post #: 68625772
Share

Originally posted by calmbeforestorm: ↑

Another very positive announcement. Yes it will be 60/40 like the other ones added last year.

I noted they are looking at adding more drill rigs to the 6 planned.

"Third diamond rig mobilising to site with the addition of extra rigs being assessed"They are going to start infill drilling shortly looking at an MRE even though they are have only drilled about 15,000m.

and "Infill drilling to commence shortly for delineation of maiden Mineral Resource Estimate within the AP0009-AP0014 pegmatite area"Seems like they may do an MRE at end of 40,000m not wait for more drilling.

This action is very positive ie they know they are onto something BIG!

Ps not good news for ERW with AZS grabbing more tenements.

Expand

I think sqm/management want to define a resource and get into production asap. They already have enough here for a mine. Good news imo

AZS Price at posting: $1.48 Sentiment: Hold Disclosure: Held
10 Upvote

1 Great analysis

Reply

Top Stories

ENV

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

VUL

Vulcan appoints investment bank and M&A veteran to board

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

MM8

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

There are more pages in this discussion • 291 more messages in this thread...

First 13 Last

Add AZS (ASX) to my watchlist