AZS 2.27% 32.3¢ azure minerals limited

Ann: General Meeting Presentation, page-13

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,373 Posts.
    lightbulb Created with Sketch. 942
    Tough question to answer properly without $1+M for the studies and complete assay results for phase 1 drilling.

    I think the answer is yes and probably just for Opasura East.
    OP west while not as thick is fairly consistent and should add more.

    The exploration target given last year was 2.5-3Mt @ 10-12% combined Zn+Pb and drilling so far has been fairly consistent in giving results which IMO support this figure.
    Screen Shot 2018-04-13 at 7.45.53 am.png
    I liked the level of confidence expressed by Glen Jardine about mining this deposit. [A subjective feeling that can't be taken to the bank.]

    Like you, Tangs, I find joining the intersections creates an impression (probably real) of multiple blocks of mineralisation each with variable grades and thickness. These observations must be much better understood by GJ and still he feels mechanised UG mining is feasible.

    I also hope I have underestimated how much may be open pittable.

    While the above is reasonable it is just an opinion from a non qualified source. DYOR.

    GLTAH
    Last edited by salpetie: 13/04/18
 
watchlist Created with Sketch. Add AZS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.