12:27 AEST Aug 27, 2010 ABN Newswire (C) 2004-2010 Asia Business News PL. All Rights Reserved.
Sydney, Australia (ABN Newswire) - FINANCE VIDEO: Azure Minerals (ASX: AZS) Tony Rovira Speaks with Brian Carlton at Sydney Symposium Resources Roadshow
Tony Rovira (B.Sc. Flinders University, B.Sc. (Hons) Flinders University, MAusIMM, MAICD) is the Executive Chairman of Azure Minerals Limited. He has 25 years technical and management experience in the mining industry, as an exploration and mining geologist, and as a company administrator at Board level. Since graduating from Flinders University in South Australia in 1983, Tony has worked for companies both large and small, including BHP, Sons of Gwalia, Barrack Mines, Zapopan, Pegasus Gold and Jubilee Mines.
From 1997-2003 Tony was the General Manager Exploration with Jubilee Mines, during which time he led the team that discovered and developed the world class Cosmos and Cosmos Deeps massive nickel sulphide deposits. In the year 2000, the Association of Mining and Exploration Companies awarded Tony the Prospector of the Year Award for the discovery of the Cosmos deposit. Tony is responsible for the management of all Azure Minerals' activities, including exploration, project generation and acquisition, and implementation of strategies set by the board.
Azure Minerals is a mineral exploration company operating in the world renowned Sierra Madre Occidental mining province in northern Mexico. Azure holds 100% ownership of 14 precious and base metal properties covering 1,690km2. It is focused on developing and operating mining projects.
Some of Azure's priority projects include:
The high grade Promontorio copper-gold-silver project in Chihuahua has a JORC resource of 502,000 tonnes @ 4.7% Cu, 2.1g/t Au & 99g/t Ag. Metallurgical testwork produced excellent metal recoveries into a high grade copper-gold-silver concentrate. Economic evaluation shows Promontorio can be developed and operated profitably.
Exploration for large porphyry copper deposits is underway in joint venture with Japanese Government corporation JOGMEC (La Tortuga), and Australian copper miner OZ Minerals (San Eduardo). Both companies may earn a 51% interest in their respective projects by expending US$3 million within 3 years.
Tecolote hosted an historical copper-zinc-silver operation which mined and treated about one million tonnes @ 1.8% Cu, 6.9% Zn and 50g/t Ag. Potential exists for additional copper-zinc mineralisation surrounding the mine and also nearby porphyry copper deposits.
View the Webcast here:
http://www.abnnewswire.net/multimedia/en/63599/Azure
