The company has three drill rigs completing a resource drill-out at Oposura, due to be finished next month, enabling an initial resource calculation to be posted in April. It sees the small, high-grade project as its ticket to production and cashflow to fund more activity in Mexico, where Azure has built a reputation as a successful explorer and deal-maker over a decade.
Managing director Tony Rovira has long seen that translating into greater market recognition and value in North America for the ASX-listed company (AZS), which has about 20% of its shares in local investors' hands (the balance in Australia), but only if it's visible and trading in Canada.
Which is a work in progress.
Azure completed a 10-for-one share consolidation in the back half of last year to p...