Azarga Metals Expands First Phase Exploration Program at Unkur and $0.8-1.0M Private Placement

AZARGA METALS CORP. (“Azarga Metals” or the “Company”) (TSXV:AZR) announces its intention to expand its first phase drilling program at its Unkur Silver-Copper Project from 3,000 meters to up to 5,000 meters and plans to raise $0.8 million to $1.0 million through a non-brokered private placement of Units (the “Private Placement”) to fund the expanded program.
AZARGA METALS CORP. (“Azarga Metals” or the “Company”) (TSXV:AZR) announces its intention to expand its first phase drilling program at its Unkur Silver-Copper Project from 3,000 meters to up to 5,000 meters and plans to raise $0.8 million to $1.0 million through a non-brokered private placement of Units (the “Private Placement”) to fund the expanded program.
HIGHLIGHTS
- Expansion of first phase drilling program at Unkur by up to two-thirds to 5,000m
- Additional ground magnetic survey and trenching
- Plan to increase potential size of maiden NI 43-101 Resource (due Q1 2017)
- Gain extra data to expedite preliminary economic assessment work
- $0.8-1.0M Private Placement to fund expanded exploration activities
Azarga Metals’ president and CEO Dorian L. (Dusty) Nicol commented, “Early results show we could have a globally significant silver and copper deposit in Unkur. Based on the thickness of mineralization and high silver and copper grades we are seeing so far, I’m pleased we’re able to accelerate our work on the project at this time and look forward to further results.”
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1801.89 | +0.36 | |
Silver | 20.82 | +0.02 | |
Copper | 3.68 | -0.03 | |
Palladium | 2224.19 | +14.20 | |
Platinum | 965.47 | +2.48 | |
Oil | 91.88 | -2.46 | |
Heating Oil | 3.51 | +0.03 | |
Natural Gas | 8.78 | -0.09 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured {{ post.primary_section_name }} Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.