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Azure Minerals Limited (ASX: AZS) (“Azure” or “the Company”) is pleased to announce that it has acquired immediate 100% ownership of the Oposura Zinc-Lead-Silver Project (“Oposura”), located in the northern Mexican state of Sonora.
Oposura is an advanced-stage project containing high grade, massive sulphide-hosted, zinc, lead and silver mineralisation, and this acquisition clearly delivers on Azure’s strategy of securing its next flagship project.
Azure’s Managing Director, Mr Tony Rovira said, “Throughout 2017, Azure has had the clear focus to acquire the next flagship project for the Company. This was all about getting the right project for the right deal, and with this acquisition we have done just that. Projects of this quality are rare and keenly sought after, and I’m pleased that we have succeeded in acquiring the advanced stage, precious and base metal project that we’ve been seeking.