Azure Minerals (ASX:AZS)

Developing high grade Lithium and Nickel assets in the West Pilbara.

Andover Project

The 70km2 Andover Project is located in the West Pilbara region of Western Australia.

The Project covers most of the Andover Mafic-Ultramafic Intrusive Complex and exploration has successfully discovered several significant bodies of nickel (Ni), copper (Cu) and cobalt (Co) sulphide mineralisation.

Being a mafic-ultramafic intrusion, Andover has similar geological characteristics to the East Kimberley region (host to Panoramic Resources’ Savannah Ni-Cu-Co mine), the Fraser Range Province (host to IGO’s Nova-Bollinger Ni-Cu-Co mine) and the Julimar Intrusive Complex (host to Chalice Mining’s Gonneville Pd-Pt-Ni-Cu-Co project).

In March 2022, Azure completed a major milestone, announcing the maiden Mineral Resource Estimate (“MRE”) for the Andover Deposit.

The MRE (JORC 2012) is 4.6Mt @ 1.11% Ni, 0.47% Cu and 0.05% Co (1.41% NiEq) for 51,700t of contained Nickel, 21,700t of contained Copper and 2,290t of contained Cobalt at a cut-off grade of 0.5% Ni (see Table 1) (refer ASX: 30 March 2022 for full details).

Andover is located immediately south of the town of Roebourne (pop: approx. 1,000) and 35km southeast of Karratha (pop: approx. 23,000) (see Figure 1). Excellent local infrastructure exists throughout the district, with sealed highways, potable water pipeline, gas pipeline, high voltage electrical power lines, airports, and port access, with mining, commercial and residential support services available.

The Project is situated in a well-mineralised district, with the Carlow Castle gold-copper-cobalt deposit 3km to the west, the now-closed Radio Hill nickel-copper mine and sulphide flotation plant (under care and maintenance) 28km to the southwest and the Sherlock Bay nickel deposit 30km to the east.

Azure has developed and is successfully progressing a dual-phase strategy, focused on developing the Andover deposit into production, while expanding the size and scale of the Andover Project through exploration and discovery. Successful delivery of this strategy will grow Andover into a major nickel-copper sulphide mining and processing operation with multiple deposits, feeding a central processing plant

Location of the Andover project

Board and Management

Mr Tony Rovira

Mr Tony Rovira

Managing Director

  • Mr Rovira has worked in the mining industry for over 30 years as an exploration and mining geologist and for the past 17 years as Managing Director of Azure Minerals.

  • Mr Rovira has been responsible for the discovery of several gold and nickel deposits in Australia which were developed into operating mines. His most famous discoveries were the rich Cosmos and Cosmos Deeps nickel sulphide deposits in Western Australia. In 2000, Mr Rovira was awarded the Prospector of the Year Award by the Australian Association of Mining and Exploration Companies for the Cosmos discovery.

  • From 2006 to 2020, Azure has operated in Mexico where the company has made several silver, gold and copper discoveries. Due to the Covid-19, Mr Rovira made the decision to refocus into Western Australia and shortly thereafter announced the acquisition of four nickel and gold projects in the Pilbara. Leading the way is the Andover Nickel Project where drilling is underway and massive nickel-copper sulphide mineralisation is being intersected.

Mr Brian Thomas

Mr Brian Thomas


  • Mr Thomas is the principal of a boutique corporate advisory practice working with small to mid-market capitalisation companies and investor groups predominantly in the resources industry overseeing market oriented technical reviews as well as advising on corporate finance, mergers & acquisitions and investor relations.
  • He has held both Executive and Non-Executive Director roles with numerous ASX listed and unlisted companies after an extensive career in the financial services sector in corporate stockbroking, investment banking, funds management and banking. He has more than 35 years' of mining and exploration industry experience in a broad range of commodities from precious and base metals, bulk and industrial minerals, diamonds, and oil and gas.
  • Mr Thomas graduated from the University of Adelaide with a BSc in Geology and Mineral Economics, the University of Western Australia Business School with an MBA and the Securities Institute of Australia (now FinSIA) with a certificate in Applied Finance and Investment.
Mr Brett Dickson

Mr Brett Dickson

Company Secretary & Chief Financial Officer

  • Mr Dickson is a Certified Practicing Accountant and has had a successful corporate career focusing on the start-up, restructuring, management, growth and financing of emerging, publicly-listed mining, exploration and oil and gas companies. This experience ranges through a spectrum of activities; including capital and debt raisings, corporate restructuring, stock exchange listings (TSX, ASX, AIM), mineral exploration, mining and feasibility studies.
  • Mr Dickson has been a director of, and involved in the executive management of, numerous publicly listed resource companies with activities in Australia, Latin America and elsewhere.
Ms Annie Guo

Ms Annie Guo

Non-Executive Director

  • Ms Guo, a highly proficient corporate executive with more than 20 years’ experience in the mining and resources sector.
  • Ms Guo spent 12 years at PricewaterhouseCoopers, where she held senior roles in transaction services, with a focus on the mining and resources sector. In addition, she is an experienced public and private company director and executive and has run her own investment platform focused on Australian and international mining and resource projects.
  • Ms Guo brings significant experience across mining project evaluation, mergers and acquisitions, capital markets, project development and corporate finance, and is currently the Managing Director of Zuleika Gold Limited and a Non-Executive Director of CZR Resources Ltd.
Hansjörg Plaggemars

Hansjörg Plaggemars

Non-Executive Director

  • Mr Plaggemars is an experienced company director with a strong background in corporate finance, corporate strategy and governance.
  • He has served on the Board of Directors of many listed and unlisted companies in a variety of industries including mining, agriculture, shipping, construction and investments. This includes the Board of Delphi Unternehmensberatung AG, a major shareholder of Azure.
  • Mr. Plaggemars has qualifications in Business Administration and is fluent in English and German.
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