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Azzuro Resources PLC (ASX:AZ9)

ALERT: Price-sensitive ASX Announcement for AZ9
Current share price for AZ9 : $0.017 0 (0%)+
Announcement
Release
24 Jun 2026 8:22AM
Price at Release
$0.017
Full Release
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Summary
Azzuro Resources PLC has completed their first phase of drilling at the Red Hill Copper-Gold Volcanogenic Massive Sulphide (VMS) Project in Mongolia. The program involved 15 drillholes, uncovering a potentially significant VMS system that is open in several directions. Key highlights include a high success rate with five of six holes intersecting the targeted massive sulphide mineralization, confirming the system's continuity and potential for expansion. The drilling has elucidated a robust understanding of the mineralisation system, with promising visual confirmations of mineral abundance. Downhole electromagnetics and further geological analyses are planned to continue exploring the system's full potential.
Key Points
  • Phase 1 drilling at Red Hill is complete with 15 holes drilled.
  • Five out of six holes successfully intersected the massive sulphide zone.
  • The massive sulphide system has been visually confirmed over 272 meters of strike.
  • Drilling has commenced at Copper Ridge to test a chargeability anomaly.
  • Visual estimates indicate substantial potential for the VMS system.
  • Assays for the drilling program are pending, with results expected soon.
  • Azzuro is integrating geological and geophysical data to refine future drilling targets.
  • The project supports the global transition to clean energy through mineral 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.