Azucar Minerals Ltd. announces that the Mexican federal government has mandated that all non-essential businesses, including mining and exploration, temporarily suspend operations until April 30 due to the COVID-19 virus. Azucar has been working to raise awareness of COVID-19 amongst its workforce for several weeks now. In mid-March the Company arranged for a briefing by a medical professional for all employees, and the [...]
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 drilled at the Norte Zone, Primo Target, Naranjo Target and regional targets. At present the El Cobre drilling program is ongoing with one drill currently operating. The Company is reviewing the results to date and [...]
Azucar Minerals Ltd. is pleased to announce a new discovery at the El Cobre porphyry copper-gold project in Veracruz State, Mexico. The two holes reported today were designed to test the blind “Primo” target area, which is defined by coincident anomalous gold, copper and molybdenum in soils. The Primo target is located approximately 1km southeast of the Raya Tembrillo target and almost 1 km west of the [...]
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 drilled at the Norte, Villa Rica, Porvenir and Suegro Zones. Sections and a plan are provided with this news release. Highlights include the following intervals: Hole EC-19-077 NORTE TARGET, 175 Az, -75 dip From 474.50 [...]
Azucar Minerals announces that, pursuant to its Stock Option Plan, it has granted stock options to certain directors, employees and consultants of the Company to purchase an aggregate 967,800 common shares in the capital of the Company at an exercise price of $0.34 per share which expire on July 7, 2021. Azucar is an exploration company with a mandate to thoroughly explore the El Cobre project, a ~7,000 Ha property which [...]
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 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. Azucar is an exploration company with a mandate to thoroughly explore the El Cobre project, a ~7,000 Ha property which [...]
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 [...]
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