Azarga Metals Reports New Assays of Silver and Copper

Azarga Metals (TSX.V:AZR) has announced assay results from its Unkur silver-copper project in eastern Russia.
According to the press release:

AM-001 intersected 40 meters at 65.9g/t silver and 0.74% copper (ie, 124.1g/t silver equivalent or 1.58% copper equivalent using US$18.84/oz silver price and US$2.16/lb copper price and assuming 100% recoveries) from 82.5 meters to 122.5 meters. Within that intersection were two sub-sections of note, being:
22 meters at 111.9g/t silver and 1.13% copper (ie, 200.7g/t silver equivalent or 2.55% copper equivalent using US$18.84/oz silver price and US$2.16/lb copper price and assuming 100% recoveries) from 82.5 meters to 104.5 meters, which in turn included:
7 meters at 244.1g/t silver and 1.95% copper (ie, 397.4g/t silver equivalent or 5.05% copper equivalent using US$18.84/oz silver price and US$2.16 copper price and assuming 100% recoveries) from 85.5 meters to 92.5 meters.
Azarga Metals’ president and CEO Dorian L. (Dusty) Nicol commented, “AM-001 exceeded expectations in terms of both thickness and grades. In particular, we are seeing the silver potential being confirmed compared to the historical data that had less information available for silver vis-à-vis copper.”

Click here for the full press release.