AZS 2.27% 32.3¢ azure minerals limited

CAPEX & COMEX, page-54

  1. 863 Posts.
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    I agree Turnin2, to sell Sara Alicia makes a lot of sense, and to focus on Oposura. Sara Alicia after initial exploration, proved to be of high grade but smaller than anticipated. It will need further exploration to see if further pods of ore are present and if a porphyry body underlies the present cobalt/gold/silver deposit.
    Sara Alicia will suit a small company wishing to develop the currently defined ore body. This can be done at relatively low cost, and then to explore for any extensions. It could attract good money and facilitate development of Oposura. This is intelligent thinking by Azure.
 
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