Azure Minerals (ASX: AZS) (‘Azure’ or the ‘Company’) reports that it has been advised by Minera Teck S.A. de C.V. (Teck), ultimately a 100% owned subsidiary of Teck Resources Limited, Canada’s largest diversified resource company, that Teck intends to exercise its right to earn back an ownership interest in the Alacrán Project (the “Project”) in Mexico. This decision by Teck demonstrates its belief that the Project could host a significant copper deposit, in addition to the epithermal silver and gold deposits discovered by Azure at Mesa de Plata and Loma Bonita respectively.