FIFTH DRILL HOLE AT ANDOVER INTERSECTS MORE MASSIVE SULPHIDES 20.8m-wide zone contains significant nickel-copper sulphide mineralisation Azure Minerals Limited (ASX: AZS) (“Azure” or “the Company”) is pleased to report that the Andover NiCu Project (60% Azure / 40% Creasy Group) continues to deliver outstanding exploration results. The most recent hole, ANDD0005, has intersected a 20.8m-wide zone containing significant intervals of nickel-copper mineralisation, including massive and semi-massive sulphides (see Figures 1 and 2). This latest mineralised intersection is located approximately 40m up-dip from the 38m-wide sulphide zone intersected in ANDD0004 (refer ASX: 12 November 2020). HIGHLIGHTS • ANDD0005 intersected a 20.8m-wide interval containing significant nickel-copper sulphide mineralisation from a downhole depth of 325.2m, with multiple zones of semi-massive to massive Ni-Cu sulphides including: 2.0m of blebby and semi-massive to massive Ni-Cu sulphides from 325.2m downhole 3.2m of matrix to massive Ni-Cu sulphides from 329.8m downhole 1.5m of semi-massive to massive Ni-Cu sulphides from 340.5m downhole • Significant grades of nickel and copper confirmed by on-site pXRF readings • Assay results for holes ANDD0003 to ANDD0005 are pending • Downhole EM (DHTEM) surveying in ANDD0004 confirms and validates the VC7 electromagnetic conductor identified in the surface fixed loop EM (FLTEM) survey • Diamond drilling at Andover continues with ANDD0006 underway to test the down-dip extensions of the Ni-Cu sulphide mineralisation intersected in ANDD0004 and ANDD0005 • Further holes are planned to test for strike extensions to the west
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AZS Price at posting:
96.0¢ Sentiment: Buy Disclosure: Held