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However, before I get to our correspondence I’ll outline a little bit about why I’m so bullish towards Azure Minerals. To give you another look at the deposit, I’ve included a preliminary schematic long section from the same September announcement below.

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For those of you that haven’t read my recent post on where I see commodity markets heading, I’m starting to take positions in companies in the precious metals space (particularly silver) as I see a possible rebound in metals prices in the not-too-distant future.

Due to the recent down turn in the commodities sector, there are a number of exploration juniors that have found what appears to be high quality deposits, but haven’t yet experienced the rapid share price appreciation that they likely would have during bullish market conditions.

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Users then select their school and a news feed of posts pop up, supposedly from other students at the school.I assumed: Now, obviously the above calculation is conceptual at best and is based on data from only four drill holes, geochemical sampling and the companies mapping program, but it gives some idea of the size of the resource we could be dealing with at Mesa de Plata.It’s also a similar value to that presented in a recent Research note put forward by Patersons Securities.Part of my current strategy is taking positions in these companies to take advantage of likely share price rises when the market turns for the better. AX) who have recently discovered what appears to be an extremely high grade silver deposit in Mexico.I got in Touch with Azure Managing Director Tony Rovira to discuss the companies developments.The mineralised fluids the create these deposits originate from a magmatic source at depth, typically a porphyry body as shown in the diagram below: The fact Mesa de Plata and Loma Bonita are just a stones throw from the second largest open cast porphyry copper mine in North America, Cananea, suggests there is the potential for further exploration upside, both in trying to identify the feeder system and the primary source of the mineralising fluids, i.e. Photo’s shown here, taken during a site visit by Andrew Jackson of well renowned Resource investment firm Sprott Global, show the potential of the deposit.

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