Azzuro Resources Discovers High-Grade Copper-Gold at Red Mountain in Mongolia, Strike Extends Nearly 550 Meters
2026-07-16 17:23
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en.Wedoany.com Reported - Azzuro Resources (ASX:AZ9) has released the latest assay results from its 2026 drilling program at the Red Mountain copper-gold VMS project in Mongolia, with the strike length of the mineralized zone now extended to nearly 550 meters. These results include the highest copper grades from the company's 2026 drilling campaign to date, with hole MU2605 intersecting a massive sulfide lens grading 11.94% copper.

Hole MU2605 returned 14.2 meters at 0.55% copper from 113 meters depth; additionally, a 1.6-meter sample from 127.2 meters depth assayed 11.94% Cu, 1.63 g/t Au, 30.13 g/t Ag, and 0.84% Zn. Another result returned 7 meters at 0.8% copper and 0.19 g/t gold from 113 meters depth.

Hole MU2604 returned 18 meters at 1.02% copper, 0.54 g/t gold, and 12.14 g/t silver from 74 meters depth, including 4.3 meters from 87.8 meters depth grading 1.27% copper, 1.41 g/t gold, 36.94 g/t silver, and 6.37% zinc.

Hole MU2608 extended mineralization to the west, returning 5 meters at 0.64% copper from 63 meters depth, and 6 meters at 0.51% copper from 79 meters depth.

Hole MU2606 was designed to test the eastern extension of a 600-meter-long high-grade gold corridor at northern Red Mountain, first uncovered last year, located approximately 50 meters away. This hole returned three mineralized zones from 10.7 meters depth: 2 meters at 1.14 g/t gold and 12.1 g/t silver; 6 meters at 4.18 g/t gold and 9.22 g/t silver from 18.7 meters depth; and 2 meters at 2.02 g/t gold and 35.65 g/t silver from 34 meters depth.

Azzuro Resources Managing Director Gan-Ochir Zunduisuren stated that MU2604 and MU2605 delivered the highest copper grades in the 2026 program, with the massive sulfide lens in MU2605 grading nearly 12% copper, while MU2606 confirmed near-surface high-grade gold mineralization. The Red Mountain mineralized system remains open to the west, east, and at depth.

The latest results from Red Mountain represent the third batch of assays reported by the company from its now-completed Phase 1 drilling program. The program comprised a total of 12 diamond drill holes and 3 RC reverse circulation holes, with a total meterage exceeding 1,880 meters.

Earlier this month, Azzuro reported several other significant intercepts from the drilling, including 21.45 meters from 83.2 meters depth grading 1.70% copper, 0.85 g/t gold, 16.86 g/t silver, and 0.21% zinc. Another hole returned 18.25 meters at 0.67% copper and 0.16 g/t gold from 68.75 meters depth, and 12.0 meters at 0.74 g/t gold from 19 meters depth.

Results from the remaining holes in the program are still pending. The company currently plans to conduct metallurgical testing this quarter, while integrating geological and geophysical data to guide future drilling activities. A geophysical survey at its Oval copper-nickel project in Mongolia is also expected to be completed in August.

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