PROJECT FUNDING JOGMEC (JOGMEC (Japan Oil, Gas and Metals National Corporation) already contributes funding for El Tecolote to spend US$13 mill to earn 70% JV commenced 7/4/11 1st 3yrs must spend US$5mill to earn 51% next 3yrs must spend US$8 mill to earn extra 19%
La Tortuga JOGMEC contributes funding for La Tortuga
must spend US$3 mill to earn 51% ---------------------------- ABOUT JOGMEC JOGMEC is a wholly-owned Japanese Government corporation established to assist in the stable supply of oil, gas and mineral resources to the Japanese economy. JOGMEC seeks to gain entry into high-potential mineral exploration projects through providing funding and technical assistance, with a view to the later introduction of commercial Japanese interests. ---------------------------------------------------- PROJECTS IN MEXICO http://www.azureminerals.com.au/reports/AnnualReport2012-FinalSigned.pdf __________________________________________________________
AZS Price at posting:
4.7¢ Sentiment: None Disclosure: Held