Azure Minerals Ltd (AZRMF)

[SPARK]

Simon Tonkin, Patersons Securities (8/25/16)
"Azure Minerals Ltd. has released significant gold intercepts from its Loma Bonita prospect which forms part of its Alacrán project in Mexico. . .these results extend the known oxide gold mineralisation to the south at Loma Bonita. . .hole 089 was particularly encouraging intersecting almost 50m of gold mineralisation whilst maintaining a reasonable grade. . .we estimate from our calculations that AZS has thus far defined c.100koz of gold at Loma Bonita with potential to at least double that. . .we rate AZS a Speculative Buy."