Azure advancing on two fronts

TSX dual listing hopeful Azure Minerals is hoping to restart drilling at the promising Sara Alicia gold-cobalt property in southern Sonora, Mexico, in March as it looks for more adrenalin shots like the 12.6m of 14.9gpt gold and 6.4m at 3.57% cobalt from one of the first shallow drill-holes last year to add to any market momentum generated by a maiden resource report for the Oposura zinc-lead-silver project in the north of the state.

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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...