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Azure Minerals Limited (ASX: AZS) (“Azure” or “the Company”) is pleased to announce that it has further broadened and strengthened its Mexican exploration portfolio with the purchase of the Sara Alicia goldcobalt project, located in the northern state of Sonora.
Azure Managing Director Mr Tony Rovira also commented, “During Azure’s recent search for an advanced stage precious metal / base metal project, which culminated in the recently announced acquisition of the Oposura Project, the Company identified many early stage properties with good potential. One of the absolute stand-outs was the Sara Alicia gold-cobalt project.
“Cobalt deposits are virtually unknown in Mexico, which makes the identification by our exploration team of a property containing high-grade gold and cobalt mineralisation very commendable. This was an opportunity too good to pass up and its acquisition has added an extra dimension to our Company’s project portfolio.
“Spectacular grades returned from our first sampling program indicate that this under-explored property holds potential for the definition of a body of high grade gold-cobalt mineralisation, as well as for copperzinc-silver mineralisation. We look forward to drilling Sara Alicia this year, along with progressing our flagship project Oposura.”

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