BARTON GOLD PROJECT (Azure 100%)Azure completed the next stage of gold exploration at its 888km2 Barton Gold Project, located in the world-class Kookynie-Leonora-Laverton gold province of Western Australia’s Eastern Goldfields.
A 35 hole, 4,039m Reverse Circulation (RC) drilling program targeted three areas considered prospective for hosting gold mineralisation, beingaisy Corner: 16 holes drilled for 1,827m, where previous RC drilling by Azure in early 2022 returned several anomalous gold intersections, including 24m @ 1.07g/t Au from 35m in hole BTRC0009 (ASX: 17 May 2022).
Daisy Corner covers potential northern extensions of gold mineralisation drilled by Genesis Minerals Ltd (ASX:GMD) at Puzzle North (current Mineral Resource Estimate of 232,000oz gold) which adjoins the southern tenement boundary of Azure’s E40/393.
Daisy West: 8 holes drilled for 1,086m, where a soil-covered, conceptual structural target of crosscutting shear zones associated with a granite-greenstone contact is located approximately 1km west of Daisy Corner. No previous drilling has been undertaken in this area.
Trevan Well: 11 holes drilled for 1,126m, where a surface sampling program by Azure identified gold anomalism associated with altered and quartz-veined weathered rock and where several small historical gold mine workings are present.
Final assays for all holes are pending.*
MEENTHEENA (Azure 70% / Creasy Group 30%) No activity. Azure has withdrawn from this joint venture project and Azure’s 70% ownership will be transferred back to the Creasy Group.
COONGAN (Azure 70% / Creasy Group 30%)The Coongan Project is located in the eastern Pilbara, approximately 8km to the west of Nullagine and covers an area of 141km2. It adjoins the western boundary of Novo Resources’ Beatons Creek Gold Project (current resources of 903,000oz @ 2.53g/t Au in conglomerate, alluvial and reef gold). The Coongan tenement is prospective for gold, base metals, iron ore and lithium.
During the second half of H2 2022, Azure undertook reconnaissance mapping and geochemical sampling in the western portion of the tenement. A total of 115 rock chip samples were collected and assayed with 14 samples returning anomalous gold assays associated with hydrothermal quartz breccias in a major regional contact structure identified in the western part of the tenement.
Additionally, two iron ore anomalies were identified and sampled:a 5km-long iron-rich zone that returned several samples containing over 50% Fe; anda second 800m-long iron-rich zone that also returned several samples over 50% Fe.
Planned exploration for the 2023 field season will focus on the areas prospective for gold and iron ore, with detailed mapping and sampling to be undertaken.
READ and comprehend. Do not spread disinformation. From the half yearly report.
*Nobody sane would abandon a project when drill holes are pending. It's a ridiculous claim and simply hasn't happened.
aisy Corner: 16 holes drilled for 1,827m, where previous RC drilling by Azure in early 2022 returned several anomalous gold intersections, including 24m @ 1.07g/t Au from 35m in hole BTRC0009 (ASX: 17 May 2022).
