Following its very successful over-subscribed share placement and capital raising, Azure Minerals Limited (ASX: AZS) (Azure or the Company) is pleased to advise that the Company has commenced its second diamond drilling campaign on its 100%-owned, highly prospective Sara Alicia gold and cobalt project in the northern Mexican state of Sonora (refer Figure 1).
The drilling will follow up on the Company’s very successful 2017 maiden drilling program, in which all six drill holes intersected high grades of gold and cobalt mineralisation at shallow depths (refer ASX announcements dated 27 November and 7 December 2018).