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Azzuro Resources PLC (ASX:AZ9)

ALERT: Price-sensitive ASX Announcement for AZ9
Current share price for AZ9 : $0.016 -0.004 (-20%)+
Announcement
Release
26 May 2026 9:34AM
Price at Release
$0.020
Full Release
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Summary
Asian Battery Metals plc (ASX: AZ9) announced significant progress at its Red Hill (Maikhan Uul) Copper-Gold VMS Project in Mongolia. The latest drilling intercepted copper-rich massive sulphide mineralisation in drillholes MU2603 and MU2604, extending the known mineralised zone to over 155 metres. MU2603 intersected 21.9 metres of massive sulphide mineralisation, validating previous downhole EM conductor models. MU2604 encountered 3.6 metres of massive to semi-massive sulphide mineralisation within a broader mineralised zone. This demonstrates a large Cu–Au VMS system at Red Hill, underscoring the potential and exploration upside of the project. The mineralised system remains open at depth and along strike, with a gravity survey commenced to further define the massive sulphide mineralisation's scale and continuity.
Key Points
  • MU2603 intersected 21.9 metres of massive sulphide with chalcopyrite and chalcocite.
  • MU2604 intersected 3.6 metres of massive to semi-massive sulphide mineralisation.
  • The massive sulphide mineralisation extends over 155 metres of strike.
  • Drilling confirms potential of a large Cu–Au VMS system at Red Hill.
  • Gravity survey commenced to define scale and continuity of mineralisation.
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.