Azucar Minerals Ltd. is pleased to announce results from its ongoing drilling program at the El Cobre porphyry copper-gold project in Veracruz State, Mexico. Drilling results reported today come from holes EC-19-065 and EC-19-070 at the Norte Zone, holes EC-19-068 and EC-19-072 at the Suegro Zone, and holes EC-19-071, EC-19-074 and EC-19-076 at the Villa Rica Zone. Highlights include the following intervals: Hole [...]
Azucar Minerals Ltd. announces that, pursuant to its Stock Option Plan, it has granted stock options to certain directors, officers and consultants of the Company to purchase an aggregate 573,000 common shares in the capital of the Company at an exercise price of $0.29 per share which expire on June 4, 2021. About Azucar Azucar is an exploration company with a mandate to thoroughly explore the El Cobre project in [...]
Azucar Minerals Ltd. announces that Newcrest Canada Holdings Inc. has exercised its top-up rights pursuant to the May 18, 2018 Investor Rights Agreement with Azucar. On the exercise of its top-up rights, Newcrest has acquired an additional 59,654 common shares of Azucar at a price of $0.3274 per share, for a total of $19,531 , thereby maintaining its ownership in the Company of 19.9%. The shares issued pursuant to the [...]
Azucar Minerals Ltd. announces that Newcrest Canada Holdings Inc. has confirmed its intention to exercise its top-up rights pursuant to the Investor Rights Agreement with Azucar. The Agreement was executed on May 18, 2018, when Newcrest completed its acquisition of 19.9% of Azucar common shares and provides, among other things, a standstill and lock-up on customary terms and conditions, participation and top-up rights in [...]
Azucar Minerals Ltd. is pleased to announce results from its ongoing drilling program at the El Cobre porphyry copper-gold project in Veracruz State. Drilling results reported today come from hole EC-19-069 at the Raya Tembrillo Target which is located at the northern edge of the large Villa Rica Zone. This hole intercepted porphyry mineralisation from surface. The hole was drilled at the base of the Raya Tembrillo hill [...]
Azucar Minerals Ltd. is pleased to announce results from its ongoing drilling program at the El Cobre porphyry copper-gold project in Veracruz State, Mexico. Drilling results reported today come from holes EC-18-056 and 062 at the Porvenir Zone, and holes EC-18-064 and EC-19-066 at the newly discovered Suegro Zone. The Suegro Zone is located approximately 250 meters south of the Porvenir Zone, within a large area of [...]
Azucar Minerals Ltd. is pleased to announce results from its ongoing drilling program at the El Cobre porphyry copper-gold project in Veracruz State, Mexico. Drilling results reported today come from hole EC-18-063 at the Norte Zone. This hole drilled across the system above the late mineral intrusive body and was designed to test for deep high grade mineralisation on the south margin of the porphyry complex. Exploration [...]
Azucar Minerals Ltd. is pleased to announce results from its ongoing drilling program at the El Cobre porphyry copper-gold project in Veracruz State, Mexico. Drilling is currently underway at the Villa Rica target, the Norte zone and in the Porvenir/Encinal area. The results reported today are from the Villa Rica area, a large altered area defined by high magnetics responses with local zones of elevated copper, gold and [...]
Azucar Minerals Ltd. is pleased to announce that Mr. Grant Hendrickson has been appointed Director of the Company and Mr. Osbaldo Zamora has been appointed Director, Exploration of Azucar. Both appointments are effective immediately. Mr. Hendrickson served as Chief Geophysicist with Ivanhoe Mines Mongolia Inc. from 2002-2008, where he held overall responsibility for the geophysical work which played an important role in [...]
Azucar Minerals Ltd. is pleased to announce results from its ongoing drilling program at the El Cobre porphyry copper-gold project in Veracruz State, Mexico. Drilling is currently underway at the Villa Rica target, the Norte zone and Porvenir zone using three rigs. Interpretation of the results to date from the Norte zone provide the following observations: Exploration Targets Drill Plan Map +/- 50m, Looking 63 degrees [...]
Azucar Minerals Ltd. is pleased to announce results from its ongoing drilling program at the El Cobre porphyry copper-gold project in Veracruz State, Mexico. Drilling is currently underway at the Villa Rica target, the Norte zone and Porvenir zone using three drill rigs. Results presented below represent recent highlights from drilling at the Villa Rica zone: Exploration Targets Drill Plan Map Villa Rica Target Villa Rica [...]
Azucar Minerals Ltd. announces that Newcrest Canada Holdings Inc. has exercised its top-up rights pursuant to the May 18, 2018 Investor Rights Agreement with Azucar. On the exercise of its top-up rights, Newcrest has acquired an additional 222,834 common shares of Azucar at a price of $0.5581 per share, for a total of $124,364 , thereby maintaining its ownership in the Company of 19.9%. The shares issued pursuant to the [...]