New Mineralised Zone Discovered At Andover

Azure Minerals Limited (ASX: AZS) (“Azure” or “the Company”) is pleased to announce that the Company’s ongoing diamond drilling program has discovered a new zone of Ni-Cu sulphide mineralisation at the Skyline prospect located approximately 300m to the west of the VC-23 prospect, whilst also intersecting substantial massive nickel and copper sulphide mineralisation in the VC-07 West mineralised system; as part of the Andover Project (60% Azure / 40% Creasy Group) located in the West Pilbara region of Western Australia.

SKYLINE:

First three drill holes intersect nickel and copper sulphide-rich mineralisation coincident with electromagnetic (EM) conductors

• ANDD0129:
  • 7.4m of disseminated Ni-Cu sulphides from55.5m
  • 6.4m of disseminated Ni-Cu sulphides from64.2m
  • 6.7m of disseminated Ni-Cu sulphides from81.4m
• ANDD0131:
  • 2.9m of disseminated Ni-Cu sulphides from70.0m
  • 1.8m of disseminated Ni-Cu sulphides from73.8m
• ANDD0132:
  • 2.6m of disseminated Ni-Cu sulphides from106.8m
  • 13.7m of blebby and disseminated Ni-Cu sulphides from115.2m

VC-07 WEST:

Significant intersections of Ni-Cu sulphide mineralisation with portable XRF confirming massive sulphide zones contain high grades of nickel and copper

Sulphide-rich zones coincide with strong and extensive downhole EM conductors Drilling is continuing to test mineralised extensions and EM conductors

• ANDD0128:
  • 2.0m massive to disseminated Ni-Cu sulphides from245.8m
  • 6.2m of massive and semi-massive Ni-Cu sulphides from 539.5m (see Images 1 and2)
  • 4.8m of semi-massive to heavily disseminated Ni-Cu sulphides from546.7m
• ANDD0127:
  • 0.9m of massive to matrix Ni-Cu sulphides from356.6m
  • 3.2m of disseminated Ni-Cu sulphides from357.5m
  • 4.9m of disseminated Ni-Cu sulphides from371.0m
• ANDD0126:
  • 0.8m of matrix and heavily disseminated Ni-Cu sulphides from389.3m
  • 21.9m of cloud Ni-Cu sulphides from390.1m
  • 0.3m of matrix Ni-Cu sulphides from412.0m

Commenting on Azure’s latest exploration successes at Andover, Managing Director, Mr. Tony Rovira said:

“We’re very pleased that our regional exploration drilling has got off to such a great start with a new Ni-Cu sulphide discovery made at the Skyline prospect. The first three holes all intersected Ni-Cu sulphide mineralisation coinciding with EM conductors, confirming that on the Andover Project, electrical conductance continues to be associated with sulphide mineralisation.

“Meanwhile our drilling continues to intersect substantial Ni-Cu sulphide mineralisation within the VC-07 mineralised corridor, with the latest massive sulphide intersections at VC-07 West also coinciding with electromagnetic conductors. With multiple mineralised drill hits and extensions of the EM conductors that have yet to be drilled, VC-07 West looks promising for hosting significant Ni-Cu sulphide mineralisation.”

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