The ICG announcement today very relevant to AZS I think. There is an interesting similarity in the porphyry targets in that ICGs Chanape target is 200 to 300m down to the porphyry mineralisation - so the same as AZS's target (so far curiously unnamed). ICG have today reported very strong JV interest from majors and must be heading down the JV route to warrant putting into the public realm.
I suspect if AZS do not hit something near economic in the first round of drilling they would also consider the same path....?
Whether the two targets have the same geological appeal / size / etc is something I cant comment on.
Gosouth
AZS Price at posting:
3.6¢ Sentiment: None Disclosure: Not Held
