Azucar Completes Second Hole at New Porphyry Lithocap Target, El Cobre Project, Mexico

VANCOUVER, British Columbia, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Azucar Minerals Ltd. ("Azucar" or the "Company") (TSX-V: AMZ; OTCQB: AXDDF) is pleased to announce that it has completed drilling a second hole into the large lithocap target discussed in its press release of March 10, 2022. Similar to the first hole (see Azucar release dated May 27, 2022), the second hole in this area (EC-22-115) passed through typical clay dominant lithocap alteration into phyllic alteration. Large intervals of brecciated rock were intersected possibly reflecting a diatreme like body that may have disrupted any earlier porphyry alteration zonation in this area. Alteration data has been collected from the core using a Terraspec infrared spectrometer along with samples for assay and fluid inclusion analysis. Any future drilling in this area will be guided by the results and interpretation of these analyses from both holes. The drill rig has been demobilised from the pad where these two holes were drilled as any future drilling to test this lithocap target will need to be conducted in other accessible portions of this very large area.

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