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Azure Minerals releases quarterly activities report

Mining News - Published on Mon, 23 Jul 2018

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Azure Minerals has announced that its Q2 activities report detailing works at its three projects and reporting its cash balance.

Details on the Oposura zinc-lead project in Mexico are as highlighted in the press release:

1. Initial mineral resource estimate of 2.9 million tonnes at 5.0 % zinc + 2.8 percent lead.
a). Contained metal: 146,000 tonnes of zinc, 82,000 tonnes of lead and 1.6M ounces of silver
b). 75 % of contained metal in the indicated mineral resource category

2. Mineral resource remains open for extensions with further drilling planned for 2018

3, Easily accessible, near-surface mineralization provides multiple open pit and underground mine scheduling options

4. Pit optimization and underground stope design studies nearing completion

5. Metallurgical testwork demonstrates that crushing, screening and dense media separation results in a 34 % upgrade in mill feed zinc and lead grades

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Posted By : Rabi Wangkhem on Mon, 23 Jul 2018
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