Azure extends nickel-copper mineralisation at Andover

AZURE Minerals has extended nickel-copper mineralisation at the Andover discovery by 40m and seeking another extension down-dip with a third diamond core hole testing the EM conductor said to strengthen at depth.
Azure extends nickel-copper mineralisation at Andover Azure extends nickel-copper mineralisation at Andover Azure extends nickel-copper mineralisation at Andover Azure extends nickel-copper mineralisation at Andover Azure extends nickel-copper mineralisation at Andover

The second hole hit a 14.5m interval of semi-massive and matrix sulphide mineralisation from a depth of 104.5m, while the first hole intersected mineralisation from 80m including 4m of massive sulphides from 94.5m.

Assays are awaited, with downhole EM also underway.

Azure's diamond drilling is following up on the original four-hole RC program drilled by famous prospector Mark Creasy, who retains a 40% interest in the ground.

Shares in Azure were up 21% to 46.5c in early trade, captialising the company $112 million.

The stock has more than doubled this month.

Azure raised $4 million in July/August when it issued new shares at 10c.