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Azarga Metals Reports Drilling Results for Unkur Copper-Silver Project

HIGHLIGHTS Copper-silver mineralization is drill confirmed over a strike length of 6....

articleAzarga Metals Corp.May 11, 20203/company/azarga-metals-corp/news/azarga-metals-reports-drilling-results-for-unkur-copper-silver-project
Azarga Metals Reports Drilling Results for Unkur Copper-Silver Project

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[{"type":"text","content":"Azarga Metals Reports Drilling Results for Unkur Copper-Silver ProjectHIGHLIGHTS Copper-silver mineralization is drill confirmed over a strike length of 6.5 kilometers - an extension of 3.1 kilometers Copper-silver mineralization remains open to the south, north and in depthOxide copper-silver mineralization extends over a 4.5-kilometer strike length, to 180-190 meters depth and there appears to be no difference in grade between sulphide and oxide zonesA comparison of Phase 1 drill results (2016 - 2017) and Phase 2 drill results (2019 - 2020) shows similar copper-silver grades and widths but over a much larger envelope VANCOUVER, BC / ACCESSWIRE / May 11, 2020 / AZARGA METALS CORP. (\"Azarga Metals\" or the \"Company\") (TSXV:AZR) reports that the 2019-2020 Phase 2 diamond drilling program consisting of 15 drill-holes for a total of 5,572 meters on its 100% owned Unkur Copper-Silver Project in Eastern Russia was completed in early April 2020. Assays have now been received from the final four drill-holes (AM19-012, AM19-013, AM19-014 and AM19-015) and are reported in this announcement.Dr. Alexander Yakubchuk, VP Exploration, commented on these drilling results: \"The results from the 2019-2020 exploration program at Unkur enabled Azarga to not only extend the strike length of mineralization by 90%, they showed consistent copper and silver grades to the previous results within the much larger mineralized envelope. Azarga has engaged SRK to prepare a new Resource assessment for Unkur incorporating the new data.\" Figure 1. Drill-hole location map and position of copper-silver mineralization on reduced-to-pole grey-scale magnetic image of Unkur.Drill-holes AM19-012 and AM19-013 intercepted copper and silver mineralization between 0.5 and 1 kilometre to the south of the current Resource envelope (see Figure 1 above and results in Table 1 below).Drill hole AM19-014 was drilled some 850 meters north of the northernmost drill-hole in the current Resource envelope. This hole encountered deep glacial moraine cover (234m) but nevertheless was able to intersect mineralization in bedrock below (See Table 1). Drill-hole AM19-015 was drilled about 1 kilometer east of AM19-014 to test the extrapolated northern closure of the Unkur syncline however this hole was not able to reach the target depth although minor malachite and pyrite were reported...

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