AZ9: New Copper Sulphide Zone Discovered at Red Hill

Original announcement by asx on

Company
Azzuro Resources PLC
Ticker
AZ9
Exchange
ASX
Region
Mongolia
Primary commodity
Copper
Secondary commodities
Gold
Document categories
Drill results
Extracted
2026-09-30 23:16:03 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Azzuro Resources has discovered a new copper sulphide zone at its Red Hill VMS Project in Mongolia, with drillhole MU2613A intersecting 7.0m of semi-massive to massive sulphide mineralisation with visible copper sulphides. This intersection expands the known copper footprint 70-80m north of previous drilling. Additionally, new DHEM modelling has identified three conductive plates, including a strong off-hole conductor (Zone B) and a zone coincident with gravity anomalies (Zone C), which are priority targets for follow-up drilling. Assays for the new sulphide zone are pending and expected in 4-5 weeks.

Reasoning: Azzuro Resources announced the discovery of a new copper sulphide zone at Red Hill based on visual estimates in drillhole MU2613A, expanding the known copper footprint. New DHEM modelling also identified priority conductive targets for follow-up drilling, providing strong geophysical support for further mineralization. However, the lack of assay results for the new intersection reduces immediate confidence.

Positive factors

  • New copper sulphide zone discovered, expanding known footprint
  • Visible copper sulphides (bornite and chalcopyrite) observed in drill core
  • DHEM modelling identified strong off-hole conductive targets for follow-up drilling
  • Coincidence of DHEM and gravity anomalies provides strong support for mineralization continuity
  • Bornite-dominant assemblage resembles previously high-grade assayed intercepts
  • Second, deeper-capable drill rig mobilising to site for follow-up drilling
  • Competent Person (CP) has signed off on the exploration results

Negative factors

  • No assay results reported for the new discovery; observations are visual estimates only
  • True width of the mineralised intervals has not yet been determined
  • One DHEM zone (Zone A) may reflect saline groundwater rather than sulphide mineralisation

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 2

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The intersection lies 70-80m north of previously drilled massive sulphide copper mineralisation, further expanding the known copper footprint.

Evidence · text

“The intersection lies 70-80m north of previously drilled massive sulphide copper mineralisation in a predominantly east–west system, further expanding the known copper footprint.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Intercepts are reported as downhole lengths; true widths have not yet been determined.

Evidence · text

“Intercepts are reported as downhole lengths; true widths have not yet been determined.”

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Robert Dennis, a consultant contracted to Azzuro and a Member of the Australian Institute of Geoscientists, has signed off as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results.

Evidence · text

“The current exploration results contained in this report are based on and fairly and accurately represent the information and supporting documentation prepared by and under the supervision of Robert Dennis. Mr Dennis is a consultant contracted to Azzuro and a Member of the Australian Institute of Geoscientists. Mr Dennis has sufficient experience which is relevant to the styles of mineralisation and types of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Exploration Targets, Mineral Resources and Ore Reserves. Mr Dennis consents to the inclusion in the report of the matters based on the exploration results in the form and context in which they appear.”

Exploration Drillingneutral · Story-specific tag

No canonical definition is currently available.

Why it applies: The announcement provides an exploration program update, detailing a shallow gold drilling program and plans for deeper copper sulphide zone drilling of DHEM and gravity targets.

Evidence · text

“Azzuro Resources PLC (“Azzuro” or “the Company”) (ASX: AZ9) is pleased to provide an exploration program update at its 100%-owned Red Hill (formerly Maikhan Uul) Copper-Gold Volcanogenic Massive Sulphide (VMS) Project in southwestern Mongolia.”

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Drill Results (2)

MU2613ARed Hill · copperIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
MU2613A
Project
Red Hill
Commodity
copper
Region
mongolia
Reported Region
mongolia
Ticker
AZ9

Geometry

Intercept
7 m
From
72.3 m
To
79.3 m
Hole Depth
94.2 m
Intercept Depth
72.3 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MU2613A:72.3-79.3
Mining Method
unknown

Location

Location
North Zone
Easting
714635
Northing
5147844
CRS
WGS84 / UTM Zone 46N
Elevation
1716 m
Azimuth
33 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This is a new discovery of a copper sulphide zone, expanding the known mineralisation footprint, although based on visual estimates rather than assays.

Positive factors

  • New copper sulphide zone discovered, expanding known footprint
  • Visible copper sulphides (bornite and chalcopyrite) observed in drill core
  • Bornite-dominant assemblage resembles previously high-grade assayed intercepts

Negative factors

  • No assay results reported; observations are visual estimates only
  • True width of the mineralised interval has not yet been determined

Evidence · text

“Drillhole MU2613A intersected 7.0m of semi-massive to massive sulphide mineralisation from 72.3m downhole, with visible copper sulphides (bornite and chalcopyrite)”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

MU2613ARed Hill · copperIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
MU2613A
Project
Red Hill
Commodity
copper
Region
mongolia
Reported Region
mongolia
Ticker
AZ9

Geometry

Intercept
0.85 m
From
75 m
To
75.85 m
Hole Depth
94.2 m
Intercept Depth
75 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MU2613A:75-75.85
Mining Method
unknown

Location

Location
North Zone
Easting
714635
Northing
5147844
CRS
WGS84 / UTM Zone 46N
Elevation
1716 m
Azimuth
33 °
Dip
60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This is a high-grade visual sub-interval within the newly discovered copper sulphide zone, indicating strong mineralisation, though assays are pending.

Positive factors

  • High visual estimate of copper sulphides (bornite and chalcopyrite) within a massive sulphide interval
  • Bornite-dominant assemblage resembles previously high-grade assayed intercepts

Negative factors

  • No assay results reported; observations are visual estimates only
  • True width of the mineralised interval has not yet been determined

Evidence · text

“including a 0.85m massive sulphide interval from 75.0m.”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.