Azarga Metals Corp. reported an initial National Instrument 43-101-compliant resource estimate for its Unkur copper-silver project in eastern Russia's Zabaikalsky region.
The property hosts inferred resources containing 220,000 tonnes of copper and 52 million ounces of silver within 42 million tonnes of ore at 0.52% copper and 38 g/t of silver.
The estimate uses cutoff grades of 0.3% copper equivalent for near-surface material and 0.7% copper equivalent for underground material.
Azarga Metals noted strong potential to increase the resource beyond the initial estimate, with mineralization remaining open in both directions along strike and downdip.
Further drilling is planned and will focus on extending the higher-grade zone in the northern area of the deposit.