Azure finds three base metal anomalies at Los Chinos
Azure Minerals Ltd reports three high grade, base metal soil anomalies have been identified at the Los Chinos property in Sonora, Mexico.
Azure completed a soil sampling program covering an area of approximately three square kilometres within a sequence of sedimentary and volcanic rocks which have undergone extensive hydrothermal alteration and host a large number of historical mine workings.
Assay results from the program outline three very strong multi-element (zinc, lead, silver, copper, gold and molybdenum) anomalies situated around northeast and northwest striking mineralised zones.
Soil values peak at 4.18 per cent lead, 2.22pc zinc, 45g/t silver, 0.18pc copper, 0.3g/t gold, and 342ppm molybdenum. The southern soil anomaly, which covers 400m x 200m, returned peak values of 22g/t silver, 0.78pc lead, 0.96pc zinc, 0.7g/t gold and 394ppm molybdenum.
This anomaly remains open to the west, where geological mapping indicates that mineralisation potentially extends under alluvial cover.
Additionally, a large (500m x 350m) silver-lead-zinc-copper soil anomaly located in the northwest of the survey area returned grades up to 11g/t silver, 1.48pc lead, 0.71pc zinc and 0.15pc copper.
In addition, recent reconnaissance mapping and surface sampling carried out elsewhere on the Los Chinos property has identified other prospective areas which have returned positive results.
The La Lorena skarn-hosted tungsten occurrence located in the east of the Los Chinos property returned high tungsten grades, ranging up to 0.58pc. Further reconnaissance sampling is planned for this area.
Azure is currently in discussions with the holders of the excised tenements within the Los Chinos property with the view of acquiring these titles. – RWE |
