AZS 2.27% 32.3¢ azure minerals limited

Tough question to answer properly without $1+M for the studies...

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  1. 1,373 Posts.
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    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.
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    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
 
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