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Azzuro Resources PLC (ASX:AZ9)

ALERT: Price-sensitive ASX Announcement for AZ9
Current share price for AZ9 : $0.015 -0.001 (-6.25%)+
Announcement
Release
24 Aug 2026 8:05AM
Price at Release
$0.016
Full Release
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Summary
Azzuro Resources PLC has defined Maiden Exploration Targets at its Oval and Red Hill projects in Mongolia. The Oval project focuses on Cu-Ni-PGE mineralization, while Red Hill targets Cu-Au-VMS deposits. The exploration targets include multiple magnetic and gravity target bodies with significant tonnage. The company aims to upgrade certain lower-case tonnage to JORC (2012) Inferred Mineral Resource status through further drilling and analysis. The exploration efforts are part of Azzuro's strategy to advance its mineral projects in Mongolia, with additional plans for rock chip sampling and electromagnetic surveys.
Key Points
  • Azzuro Resources PLC focuses on mineral exploration and development in Mongolia.
  • Maiden Exploration Targets have been defined at the Oval and Red Hill projects.
  • The Oval project involves Cu-Ni-PGE mineralization, while Red Hill is focused on Cu-Au-VMS.
  • Exploration targets at Oval include multiple magnetic target bodies with a combined tonnage of 4,085, while Red Hill targets have a total tonnage of 1,750.
  • The company plans to convert some well-drilled, lower-case tonnage at each project to JORC (2012) Inferred Mineral Resource status.
  • Further work includes additional drilling, rock chip sampling, and downhole electromagnetic surveys.
  • The announcement was approved for release by the Board of Azzuro Resources PLC.
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.