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Azzuro Resources PLC (ASX:AZ9)

ALERT: Price-sensitive ASX Announcement for AZ9
Current share price for AZ9 : $0.014 -0.01 (-41.67%)+
Announcement
Release
19 Dec 2025 8:50AM
Price at Release
$0.024
Full Release
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Summary
Asian Battery Metals plc (ASX: AZ9) has reported promising results from its exploration activities at the Maikhan Uul Copper-Gold VMS project in Mongolia. The company completed assessment of surface rock chip samples and drillhole MU2502 as part of due diligence efforts. The assay results revealed a larger than expected anomalous gold mineralisation footprint, extending the mineralised area beyond initial drillholes. Notable findings include a high-grade rock chip sample with 22.9 g/t gold from the North Hill Zone and additional elevated copper and gold values from samples collected across the project area. Drillhole MU2502 confirmed the presence of copper-gold mineralisation in a massive sulphide zone, although with lower grades compared to earlier intercepts. Upcoming plans for 2026 include further exploration and technical evaluation, supporting the project's economic potential.
Key Points
  • Final assay results from Maikhan Uul project confirm significant mineralisation.
  • High-grade rock chip sample returned 22.9 g/t gold from North Hill Zone.
  • Drillhole MU2502 confirmed massive sulphide mineralisation with copper-gold.
  • Further exploration and technical due diligence planned for 2026.
  • Maikhan Uul acquisition subject to due diligence and conditions precedent.
  • Potential high-grade mineralised zones identified for future exploration.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.