Business

Azucar To Commence Copper-Gold Exploration in Nevada, USA

VANCOUVER, British Columbia, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Azucar Minerals Ltd. ("Azucar" or ...

articleMustang Minerals LimitedOctober 9, 20253/company/mustang-minerals-limited/news/azucar-to-commence-copper-gold-exploration-in-nevada-usa
Azucar To Commence Copper-Gold Exploration in Nevada, USA

About this update from Mustang Minerals Limited

[{"type":"text","content":"Azucar To Commence Copper-Gold Exploration in Nevada, USA\n\n\n\n VANCOUVER, British Columbia, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Azucar Minerals Ltd. (\"Azucar\" or the \"Company\") (TSX-V: AMZ; OTCQB: AXDDF) is pleased to announce that exploration is set to begin in the coming days and to provide its exploration plans for the remainder of 2025 and into 2026 on the three properties on which it holds an option to acquire a 60% interest in each (see Azucar news release of May 1, 2025). The properties are located in central Nevada USA and are considered prospective for copper-gold porphyry systems. The Red Ring and Confusion Hills Projects have preserved high sulphidation style alteration on surface with potential for associated gold mineralization, while the Pilot Project is being explored for porphyry copper-gold-molybdenum style mineralization. Azucar plans to immediately start a follow-up induced polarization (IP) geophysical survey program at the Pilot and Red Ring Projects and has initiated logistical studies in preparation for a potential near term, first pass drill program at the Confusion Hills Project.\n \n\n At the Confusion Hills Project, grab samples with values up to 7.1 g/t gold have been returned (see details below) and check sampling conducted as part of the independent 43-101 report recently filed on SEDAR returned a value of 10.05 g/t gold (out of four samples taken ranging from 0.08 g/t to 10.05 g/t averaging 2.6 g/t). These new and past results taken from hydrothermally altered and veined breccia material are highly encouraging. An IP geophysical survey on the Confusion Hills Property outlined a chargeability anomaly adjacent to the gold bearing breccia, and a drill permit has been approved to conduct preliminary drilling in this area. At the Red Ring Project, a recent IP survey detected high resistivity values in silicified rock near surface and a chargeability feature at depth. Further IP geophysical lines are planned to expand the survey area designed to help understand the scale of the anomalies detected. At the Pilot Project, a porphyry target has been identified with exposed veined porphyry bodies mapped, and ongoing and historic turquoise mining within the claim area. The alteration mapped is consistent with the level of exposure of the base of the lithocap with widespread pyrophyllite detected. Further ...

More updates from Mustang Minerals Limited