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Azucar Minerals Ltd T.AMZ


Primary Symbol: V.AMZ Alternate Symbol(s):  AXDDF

Azucar Minerals Ltd. is a Canada-based mineral exploration and development company. The Company is engaged in acquisition and exploration of mineral resource properties in Mexico and acquisition of property and equipment in Canada. The Company is focused on exploration of the El Cobre project in Veracruz, Mexico. The El Cobre Property claim block covers approximately 11,860 hectares, which contains copper-gold porphyry mineralization over a strike length of at least four kilometers (km). The property is located adjacent to the Gulf of Mexico approximately 75 km northwest of the city of Veracruz in the state of Veracruz, Mexico. The Company has discovered five copper-gold porphyry zones within the property along an approximately four to five km trend, stretching from Norte down to Encinal in the southeast. The El Cobre Project is consistent with the porphyry copper-gold-silver-molybdenum (Cu-Au+/-Ag+/-Mo) deposit model.


TSXV:AMZ - Post by User

Comment by wintersun10on Oct 27, 2010 8:55am
253 Views
Post# 17617161

RE: profitability

RE: profitabilityAmazon Mining Holding PLC isreleasing the results of an independent market study conducted byAgroconsult Consultoria & Marketing for Amazon's wholly ownedCerrado Verde project in Minas Gerais state, Brazil. The studydetermined a potential sales price of $182.31 (U.S.) a tonne forThermoPotash in Minas Gerais state and a potential weighted averageprice of $152.49 (U.S.) a tonne for the targeted markets in thesurrounding states detailed in an attached table. The potential marketin the area analyzed is estimated to be 4.4 million tonnes per year.After adjusting for delivery costs, net sales price for Amazon isestimated to be $160.04 (U.S.) a tonne for Minas Gerais state and$100.61 (U.S.) a tonne for the targeted markets in the surroundingstates. The results of this study will form the basis of an upcomingpreliminary economic assessment examining the viability of this projectfor the first time.
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