Azure Minerals Limited (ASX:AZS)

Anthony Rovira
MD
Market Cap (AUD): 100.5M
Sector: Materials
Last Trade (AUD): 0.325 +0 (+0%)
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1. About

Azure Minerals Limited (ASX:AZS) is focused on progressing its portfolio of precious and base metal projects in Australia and successfully divesting its assets in Mexico.

Australia

  • Continue advancing the Andover Ni-Cu-Co Project through the Mineral Resource and Scoping Study stages
  • Drilling the unexplored Turner River Gold Project seeking repetitions and extensions of the nearby Mallina and Hemi gold deposits
  • Drilling on the under-explored Barton Gold Project located between several large and growing gold deposits in the gold-rich Kookynie Gold District
  • Identify new opportunities that offer low-cost entry into projects with significant upside

 

Mexico

Azure has commenced a strategic review of its 100%-owned precious metals and base metals projects in Mexico, including the Alacrn silver-gold-copper project and the Oposura zinc-lead-silver project.

The Boards objective is to optimise the value of the Mexican assets for Azures shareholders. The Company is assessing all opportunities to deliver value to shareholders by divesting these assets. Options could include a full or partial sales, de-merger or other alternative transaction structures.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk