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Azarga Metals Commences Field Work at Its Unkur Copper-Silver Project, Eastern Russia

VANCOUVER, BC / ACCESSWIRE / August 6, 2019 / AZARGA METALS CORP. (" Azarga Metals ...

articleAzarga Metals Corp.August 6, 20194/company/azarga-metals-corp/news/azarga-metals-commences-field-work-at-its-unkur-copper-silver-project-eastern-russia
Azarga Metals Commences Field Work at Its Unkur Copper-Silver Project, Eastern Russia

About this update from Azarga Metals Corp.

[{"type":"text","content":"Azarga Metals Commences Field Work at Its Unkur Copper-Silver Project, Eastern RussiaVANCOUVER, BC / ACCESSWIRE / August 6, 2019 / AZARGA METALS CORP. (\"Azarga Metals\" or the “Company”) (TSXV:AZR) reports that a geophysical survey and other field work at the Unkur Copper-Silver Project in Eastern Russia have commenced following a recent visit to the property earlier this month by Michael Hopley (President and C.E.O.) and Dr. Alexander Yakubchuk (V.P. Exploration). Michael Hopley, President and CEO of Azarga Metals comments: “The mineralization at Unkur seen in the field visit with Dr. Yakubchuk is impressive both in outcrop and in drill core. On the ground I was also pleased to see the amount of work achieved by the Soviet era exploration programs in which multiple zones of mineralization were discovered in a property-wide reconnaissance and trenching program”. Mr. Hopley went on to say, “I was struck with the large-scale widespread nature of the mineralization at Unkur and, based on Dr. Yakubchuk’s familiarities with the other deposits in the area, with the many apparent geological similarities to the giant Udokan deposit where the mine is currently being constructed by the owners Baikal Mining Company and which is reported to contain 24 million tonnes of copper and is located just 30 km to the south of Unkur”.Magnetic survey data exists over the northwest part (representing about 20%) of the Unkur property - where all of the previous drilling and all of the current resources are located. There is an obvious strong spatial correlation between zones of copper-silver mineralization at Unkur with zones of contrast between magnetic highs and lows and this correlation was used successfully in guiding the 2016/2017 drilling program (see details in June 26, 2019 AZR news release) which is the basis of the current resources (see below for more detail). It is therefore important to have the remaining part of the property covered with a magnetic survey in order to guide the upcoming 6,000 meter drilling program expected to start this autumn. The geophysical survey will also include a 28 line-kilometers induced polarization survey that is expected to define new zones of copper-silver mineralization and assist in designing the upcoming drilling program. The sub-contractor should finish the...

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