Azucar Minerals Ltd V.AMZ

Alternate Symbol(s): AXDDF

Metals & Mining Industrial Metals & Minerals

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

Azucar Minerals Ltd

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Post by MonetaryReseton May 28, 2020 12:12pm

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Post# 31083168

Copper to Gold weighting of AMZ

Hi, I remember when AMZ became the May 2018 spinco out of what is now DEX. But my memory is that it was basically a copper project with gold credits. Since the price of gold has increased a lot and it now relatively much higher then the price of copper at that time, would anybody have an opinion how to evaluate AMZ now? Is it an even split between Copper and Gold or tilted on way or another?

Thanks, Allen

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