AZS 2.27% 32.3¢ azure minerals limited

Good sentiments Avagadro. As to which project has the most...

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    Good sentiments Avagadro. As to which project has the most potential, it is difficult to say, because exploration on each project is at a different stage.

    Oposura has the most positive information, and is closer to production. However, because we know more about it we can see its limitations. Oposura will in all probability become a zinc, lead, silver mine, that is profitable, but of modest size.

    At the moment we do not know enough about Sara Alicia to know its potential. The price and demand for cobalt means that even a limited deposit could be economic and could be very profitable. There could be very big potential here, and particularly if an economic porphyry lies beneath it.

    At Alacran we know there is a viable silver and gold deposit of mine potential. But if Teck discover some significant copper, gold, silver etc in their drilling then the potential is very large.

    In essence Azure has high certainty of modest sized mines of zinc, lead, silver, gold but a chance of some very large deposits in cobalt, gold, silver, copper. It is this 'blue sky' possibility that makes Azure attractive.

    In addition Azure is cashed up and actively exploring.
 
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