Azarga Metals starts 2026 Marg project drill program
Azarga Metals Corp. has launched a 3,000-metre diamond drilling program at its Marg Project in Yukon, targeting extensions of known mineralized zones and new anomalies. The program follows a maiden resource estimate of 4.3 Mt indicated and 10.0 Mt inferred resources grading 2.9% and 2.3% copper equivalent respectively. Drilling is expected to commence in August 2026.
*this image is generated using AI for illustrative purposes only.
Azarga Metals Corp. has engaged Platinum Diamond Drilling Inc. to execute a diamond drilling program at its high-grade, copper-rich Marg Project located in the Keno Hill mining district of central Yukon Territory. The program is scheduled to commence in August 2026 and is designed to test multiple high-priority exploration targets identified through previous drilling, geological mapping, geophysical surveys, and geochemical sampling. This initiative aims to expand known mineralized zones and evaluate new targets with the potential to host significant copper, zinc, gold, silver, and lead polymetallic mineralization.
The initial phase of the planned program consists of over 3,000 metres of drilling across eight priority holes. Drilling will target extensions of previous mineralized intercepts, as well as several undrilled structural and geochemical anomalies identified during recent field programs. The company noted that areas defined by drilling remain open towards the east, west, and down-dip, with potential for further fold-related duplications at depth within the sequence.
Marg Project Resource Estimate
The drilling campaign follows the maiden NI 43-101 resource estimate completed in August 2025. The resource estimate, at a 0.5% copper equivalent cut-off, outlined significant mineralization at the deposit.
| Category | Tonnage (Mt) | Cu (%) | Pb (%) | Zn (%) | Ag (g/t) | Au (g/t) | CuEq (%) |
|---|---|---|---|---|---|---|---|
| Indicated | 4.3 | 1.3 | 1.7 | 3.2 | 42 | 0.66 | 2.9 |
| Inferred | 10.0 | 1.0 | 1.3 | 2.6 | 33 | 0.54 | 2.3 |
Project Geology and Infrastructure
The Marg Property is a Volcanogenic Massive Sulfide (VMS) deposit located approximately 40 km east of Keno City. Azarga acquired a 100% interest in the 400 mineral claims, comprising approximately 8,400 hectares, in July 2025. The project benefits from established infrastructure, including an air strip, a functional base camp, nearby power corridors, and proximity to established mining operations within the Keno Hill district.
The deposit is hosted within a 12 km long belt of Devono-Mississippian felsic metavolcanic and metasedimentary rocks belonging to the Earn Group. Historical work between 1965 and 2008 included 119 diamond drill holes, which the company states meets industry standards and is considered good quality. The sulphide layers reach up to 23 metres in thickness where folded in the hinge of the Marg anticline and have been defined by drilling over a strike length of 1.4 km and a down-dip distance of 700 m.
Gordon Tainton, President and CEO of Azarga Metals, stated that the technical team developed a focused drill program targeting extensions of the mineralized system from the maiden resource estimate. Assay results are anticipated on a rolling basis as they become available from the laboratory.
How will the upcoming drilling results influence Azarga's strategy for converting the 10.0 Mt of Inferred resources into the Indicated category?
What are the preliminary economic indicators suggesting regarding the potential viability of a mining operation given the project's existing infrastructure?
Could the identification of fold-related duplications at depth lead to a substantial upward revision of the current resource estimate?
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