Andover Drilling Continues To Deliver More Nickel & Copper Hits

Azure Minerals Limited (ASX: AZS) (“Azure” or “the Company”) is pleased to announce receipt of assay results from 21 drill holes completed as part of the mineral resource drill-out of the VC-07 East nickel- copper (Ni-Cu) sulphide deposit on the Andover Project (60% Azure / 40% Creasy Group), located in the West Pilbara region of Western Australia.

• Results continue to confirm strong internal continuity and extensions of high grade Ni-Cu mineralisation at VC-07 East deposit
• Shallow Ni-Cu sulphide mineralisation intersected to within 25m of surface
• Mineralisation still open along strike and to depths of >550m
  • ANDD0091 (depth extension):
    • 5.0m @ 2.34% Ni, 0.39% Cu & 0.12% Co from 583.3m downhole
  • ANDD0096 (near-surface infill):
    • 3.8m @ 2.84% Ni, 0.41% Cu & 0.12% Co from 94.7m downhole
    • 3.4m @ 2.98% Ni, 0.85% Cu & 0.12% Co from 101.7m downhole
  • ANDD0099 (near-surface infill):
    • 22.1m @ 1.22% Ni, 0.83% Cu & 0.05% Co from 97.4m downhole; including:
    • 6.0m @ 3.05% Ni, 1.02% Cu & 0.11% Co from 97.4m downhole
  • ANDD0101 (eastern extension):
    • 17.2m @ 1.97% Ni, 0.53% Cu & 0.09% Co from 278.8m downhole; including:
    • 4.9m @ 3.80% Ni, 0.53% Cu & 0.17% Co from 278.8m downhole; and
    • 3.6m @ 2.26% Ni, 0.41% Cu & 0.12% Co from 287.6m downhole
  • ANDD0108 (near-surface infill):
    • 5.7m @ 2.04% Ni, 0.69% Cu & 0.09% Co from 50.0m downhole
  • ANDD0109 (western extension):
    • 20.3m @ 1.51% Ni, 0.65% Cu & 0.07% Co from 267.9m downhole; including:
    • 7.5m @ 2.58% Ni, 0.50% Cu & 0.12% Co from 268.0m downhole
  • ANDD0111 (depth extension):
    • 9.2m @ 1.37% Ni, 0.57% Cu & 0.06% Co from 524.4m downhole; including:
    • 2.4m @ 2.01% Ni, 0.57% Cu & 0.09% Co from 527.9m downhole

Since the discovery of VC-07 East just over 12 months ago, a total of 102 diamond holes have been drilled for 43,995m on the deposit. An additional 37 diamond holes have been drilled at other prospects on the greater Andover project area.

Analytical results have now been received for 92 holes at VC-07 East, up to and including hole ANDD0111, with assays for the remaining 10 holes scheduled to be delivered within the next month.

The maiden Mineral Resource Estimate for the VC-07 East deposit is expected to be delivered late in the first quarter of 2022.

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