AZS 2.27% 32.3¢ azure minerals limited

Ann: Oposura Mineral Resource, page-31

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  1. 863 Posts.
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    Dolcevita, I agree. The resource statement today is encouraging and supports the concept of an economic zinc/lead deposit with additional silver for AZS.

    Also it is likely that the resource will increase as a result of further drilling and suggests that in the future Oposura will be a good money earner. Too often small companies discover a significant ore body, but the cost of development is so great that it requires a joint venture which diminishes their percentage interest or alternatively if funds cannot be obtained the project may never be developed. Oposura is a good sized resource that can be financed and developed by a small company like AZS.

    And if Teck walk away from Alacran then Mesa de Plata and Loma Bonita are similar low cost development projects available for AZS.


    There is a realistically good future ahead for AZS.
 
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