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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

Post by jim_nasium99on Mar 09, 2011 10:25am
656 Views
Post# 18257446

In the News

In the News

Amazon Mining Holding PLC (C-AMZ) - In the News

Post says Amazon Mining looks for production in 2013

2011-03-08 07:25 ET - In the News
Shares issued 30,911,636
AMZ Close 2011-03-08 C$ 8.40

The Financial Post reports in its Tuesday edition that junior potash companies are a dime a dozen these days, but one of the few true standouts is Amazon Mining Holding PLC. The Post's Peter Koven writes the company, founded by Brazil's Cristiano Veloso, has taken a unique path to success -- so much so that it even plans to mine a new potash product. Amazon's Cerrado Verde project is expected to come on-line in 2013 and be one of Brazil's most important sources of fertilizer. There is no better place to be: The Brazilian potash market is expected to nearly double in a decade, and virtually all of its potash is imported right now. "Brazil in 10 years is expected to consume more potash alone than the whole of North America," Mr. Veloso says. Mr. Veloso, only 29, knows the Brazilian agriculture market from personal experience. He grew up in Brazil's Cerrado region, and like many other families, his had to move away because the prospects for agriculture were so dim. Mr. Veloso took Amazon public in London in 2007. Amazon's proposal is to develop a product called "ThermoPotash" out of the Cerrado Verde deposit. Since ThermoPotash is not a salt like KCL, it should not wash away so easily in the rain.

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