AZS 2.27% 32.3¢ azure minerals limited

Ann: Resource Drill-Out Completed at Oposura, page-32

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  1. 1,373 Posts.
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    Hi Geeenius,
    I think you may be correct. More than your quick perusal but still need to digest what this plot means.
    AZS OPASURA EAST M PCT TO HOLE 91.jpg
    Raw plot with the one below annotated for some comments.
    AZS OPASURA EAST M PCT  FOR COMMENTS TO HOLE 91.png
    GENERAL
    The annotated areas are purely schematic to enable easier referencing in text.

    Not easy to represent the data provided so these are "noisy" diagrams with possible errors and omissions so DYOR.

    Assuming 10m% Zn+Pb is a reasonable cutoff for potential economic extraction the circled intersections (approximate surface projection) give a first pass idea of what may be mineable.
    Mid point RL"s for most of the intersections (which I believe are accurate for this scale of work) give some idea of how much vertical variation there is within the deposit. Also they show where stacked intervals are present.

    COMMENTS ON AREAS WITHIN IMAGE
    Area 1 - parallel to underground workings is probably the best part of the deposit. As per Geeenius's comment Holes 63 60 46 50 74 suggest it thins to the south west about where the adit ends.
    Why stop here? A wild speculation: area A represents the faulted off set to the NW???

    Area B represents the NE end of the main area and Holes 72 and 87 show it extends beyond the map outline by some 30m or so. Hole 72 has stacked zones. Nice scallop addition IMO especially if this extends further south near surface.

    Area/Zone 2 is highly interpretative. IMO there may be a NW/SE structural control on mineralisation in this area. Previously I have noted some of the deepest mineral zones along this line plus a distinct Zn/Pb ratio at the intersection with Area 1. Some mineralisation does extend NW SE along this trend.

    Area A come as a bit of a surprise and will be interesting to see if Holes 111 115 117 119 and perhaps 120 provide confirmation. Multiple horizons present between 1190 and 1210 RL. Combine this with the surface sampling and the NW area could become quite significant.

    At a guess this may be where some of the additional holes were drilled plus south of Area A and perhaps Area C.

    Area C only had Hole 83 as an additional hole reported but the best one there so far. Looks good for scallop mining.

    Area D is a bit surprising for its lack of significant intersections. I had expected/hoped the assays to be included with this update.

    ASSAYS
    AZS OP E XCEL 36-91.JPG AZS OP E XCEL 36-91ALL.JPG
    In gold assay results the Nugget effect always needs to be considered. Not as significant for base metal deposits but the high assays do tend to attract the most attention even though they may represent only a small portion of the data set.
    At Opasura it is well recognized that the high grade (>15% combined Zn+Pb) provide the backbone of the deposit.
    EG
    hole's 75 and 81
    from to intercept zn pb zn +Pb % Ag
    AZS OP E hole 75 assays.JPG
    AZS OP E hole 81assays.JPG
    For 75 - 8m @ 10.13% Zn+Pb comes from the 1.55m at 42.31 and 6.45m @ 2.4%
    Hole 81 6.8m @ 10.61% Zn+Pb comes from 1.6m of high grade and 5.2m @ 3.2%

    AZS are proposing to mine the high grade plus the the lower grade envelope.

    Looks promising overall. GLTAH
 
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