Promontorio (AZS 100%): Copper-Gold-Silver
The Promontorio Project hosts two deposits with Mineral Resources totalling 2.9M tonnes containing 39,600 tonnes of copper at 1.4% Cu, 151,000 ounces of gold at 1.5g/t Au, and 3,260,000oz of silver at 35g/t Ag.
Promontorio is located in the northern Mexican state of Chihuahua and comprises four mineral concessions covering 10,520 hectares. All four of these concessions are 100%-owned by Azure.
The property is situated within a district containing numerous, multi-million-ounce gold-silver mines currently in operation, including the Ocampo, Pinos Altos, Coñcheno, Mulatos and Dolores mines, all located within 100km of the project.
The Promontorio deposits comprise high-sulphidation epithermal and hydrothermal breccia mineralisation and these mineralised bodies are sourced from an underlying copper-mineralised porphyry system. The wider Promontorio project area is recognised as having excellent potential for hosting more precious and base metal deposits.
The Company has offered this property for sale or joint venture as part of its strategic focus on the development of the Oposura Project.