Seven holes, seven hits at Azure’s monster Andover nickel-copper discovery
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The latest drill holes have all intersected broad zones of nickel-copper sulphides within the ever-expanding ‘VC-07’ mineralised corridor, part of Azure’s (ASX:AZS) Andover project in WA.
Highlights include 17.2m of semi-massive, matrix and heavily disseminated Ni-Cu sulphides (VC-07 West) and 25.9m of massive, semi-massive, matrix and disseminated Ni-Cu sulphides (VC-07 East).
Assays are pending.
To date, Azure has completed 49 diamond drill holes for a total of 21,943m at Andover — 41 holes at VC-07 (34 holes at VC-07 East and seven holes at VC-07 West) and eight holes at the VC-23 prospect.
Two diamond drill rigs are testing the multiple mineralised zones hosted within the VC-07 West system, while a third rig is continuing to in-fill drill the VC-07 East mineralised zone for mineral resource estimation purposes.
Planning continues for additional drilling at other high priority targets across the project area, including VC23, VC-18 and VC-41.
“It’s very pleasing that our drilling continues to have great success intersecting more and more zones of NiCu sulphide mineralisation within the VC-07 mineralised corridor,” managing director Tony Rovira says.
“As with our earlier drilling, these latest mineralised intersections are coincident with electromagnetic (EM) conductors, confirming the strong association of Ni-Cu sulphide mineralisation with EM conductance.”
At Andover, unlike most sulphide discoveries, there are no ‘false positives’ from EM surveys.
That means find an EM conductor, find nickel-copper sulphides. The upside is huge.
“With multiple mineralised drill hits and numerous nearby EM conductors that are yet to be drilled, the western part of the VC-07 corridor is shaping up very nicely to host a substantial body of Ni-Cu sulphide mineralisation,” Rovira says.
“Meanwhile the in-fill and extensional mineral resource drilling at VC-07 East continues to intersect mineralisation in line with expectations.”
This article was developed in collaboration with Azure Minerals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.