FINANCE VIDEO: Azure Minerals (
Tony Rovira (B.Sc. Flinders University, B.Sc. (Hons) Flinders University, MAusIMM, MAICD) is the Executive Chairman of Azure Minerals Limited. He has 25 years technical and management experience in the mining industry, as an exploration and mining geologist, and as a company administrator at Board level. Since graduating from Flinders University in South Australia in 1983, Tony has worked for companies both large and small, including BHP, Sons of Gwalia, Barrack Mines, Zapopan, Pegasus Gold and Jubilee Mines.
From 1997-2003 Tony was the General Manager Exploration with Jubilee Mines, during which time he led the team that discovered and developed the world class Cosmos and Cosmos Deeps massive nickel sulphide deposits. In the year 2000, the Association of Mining and Exploration Companies awarded Tony the Prospector of the Year Award for the discovery of the Cosmos deposit. Tony is responsible for the management of all Azure Minerals' activities, including exploration, project generation and acquisition, and implementation of strategies set by the board.
Azure Minerals is a mineral exploration company operating in the world renowned Sierra Madre Occidental mining province in northern Mexico. Azure holds 100% ownership of 14 precious and base metal properties covering 1,690km2. It is focused on developing and operating mining projects.
Some of Azure's priority projects include:
The high grade Promontorio copper-gold-silver project in Chihuahua has a JORC resource of 502,000 tonnes @ 4.7% Cu, 2.1g/t Au & 99g/t Ag. Metallurgical testwork produced excellent metal recoveries into a high grade copper-gold-silver concentrate. Economic evaluation shows Promontorio can be developed and operated profitably.
Exploration for large porphyry copper deposits is underway in joint venture with Japanese Government corporation JOGMEC (La Tortuga), and Australian copper miner OZ Minerals (San Eduardo). Both companies may earn a 51% interest in their respective projects by expending US$3 million within 3 years.
Tecolote hosted an historical copper-zinc-silver operation which mined and treated about one million tonnes @ 1.8% Cu, 6.9% Zn and 50g/t Ag. Potential exists for additional copper-zinc mineralisation surrounding the mine and also nearby porphyry copper deposits.
View the Webcast here:
http://www.abnnewswire/press/en/63599/Azure
About Azure Minerals Limited
Azure Minerals Limited (ASX:AZS) (PINK:AZRMF) is engaged in the exploration for precious and base minerals in Mexico. The Company is exploring in the mineralised Sierra Madre Occidental mining province in northern Mexico, and is focusing its activities to other mining districts in northern Mexico. Azure holds nine 100%-owned projects and 13 projects in joint venture with Geoinformatics Exploration Inc, in which Azure has earned an initial 51% interest. The entire project portfolio covers an area of 186,200 hectares (1,862 kilometers). Drilling has intersected mineralisation in copper, gold, silver, zinc, lead and molybdenum. It also has an option to purchase 100% ownership of the Promontorio Project in the state of Chihuahua. The Company's subsidiaries include Azure Mexico Pty Ltd and Minera Piedra Azul, S.A. de C.V.
Contact
Azure Minerals LimitedPhone: +61-8-9481-2555
Fax: +61-8-9485-1290
http://www.azureminerals.com.au
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