AZS 0.00% $3.69 azure minerals limited

Ann: Quarterly Activities Report for Period Ended 30 June 2014, page-2

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    Summary - I've highlighted the JV news.

    Acquired 100% ownership of the Promontorio and El Magistral mineral concessions
    Reached non-binding agreement with a major mining company for an Earn-In and Joint Venture over the Promontorio Project – documentation ongoing
    • Premium quality copper concentrate produced from metallurgical testwork at Cascada deposit – readily saleable product identified
    • 10 hole, 1,500m diamond drilling program commenced at Cascada post quarter – four holes completed to date and assays awaited
    • Completed A$1.73 million share placement to existing and new investors
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