Azarga Metals Files Unkur Updated Resource Technical Report
AZARGA METALS CORP.
UNIT 1 – 15782 MARINE DRIVE, WHITE ROCK, B.C. V4B 1E6, CANADA
www.azargametals.com
FOR IMMEDIATE RELEASE
10 May 2018 TSX-V: AZR
AZARGA METALS FILES UNKUR UPDATED RESOURCE TECHNICAL REPORT
AZARGA METALS CORP. ("Azarga Metals" or the “ Company”) (TSX-V:AZR) has
filed a technical report regarding its Unkur Copper-Silver Project in Russia (“ Unkur
Report”) to support the updated Mineral Resource estimate announced on 27 March
2018.
The estimate is an Inferred Mineral Resource of 62 million tonnes at 0.53 % copper
and 38.6g/t silver, containing 328,600 tonnes (724 million pounds) of copper and
76.8 million troy ounces of silver. This equates to copper equivalent grade of 0.90%,
assuming a copper price of US$3.00/lb, silver price of US$20/oz and 100% recover y for
copper and silver.
The work underway on a preliminary economic assessment for Unkur is based on this
updated resource estimate.
The updated Mineral R esource estimate was independently prepared by Tetra Tech
Mining and Minerals (“Tetra Tech”), in accordance with National Instrument 43-101 (“NI
43-101”).
Qualified Person
The Company’s President and Chief Executive Officer, Dorian L. (Dusty) Nicol, B.Sc.
Geo, MA Geo, a Qualified Person as defined by NI 43 -101, has reviewed and approved
the exploration information disclosures contained in this Press Release.
About Azarga Metals Corp.
Azarga Metals is a mineral exploration and development company that owns 100% of
the Unkur Copper-Silver Project in the Zabaikalsky province in eastern Russia.
AZARGA METALS CORP.
"Dusty Nicol"
Dorian L. (Dusty) Nicol, President and CEO
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For further information please contact: Doris Meyer, at +1 604 536-2711 ext 6, or visit
www.azargametals.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
Cautionary Statement:
This news release contains forward -looking statements that are based on the Corporation's current
expectations and estimates. Forward -looking statements are frequently characterized by words such as
"plan", "expect", "project", "intend", "believe", "antici pate", "estimate", "suggest", "indicate" and other
similar words or statements that certain events or conditions "may" or "will" occur. Such forward -looking
statements involve known and unknown risks, uncertainties and other factors that could cause actual
events or results to differ materially from estimated or anticipated events or results implied or expressed
in such forward -looking statements. Such factors include, among others: the actual results of current
planned exploration activities; conclusions o f economic evaluations; changes in project parameters as
plans to continue to be refined; possible variations in ore grade or recovery rates; accidents, labour
disputes and other risks of the mining industry; delays in obtaining governmental approvals or f inancing;
and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be
as anticipated, estimated or intended. Any forward -looking statement speaks only as of the date on which
it is made and, except as may be required by applicable securities laws, the Corporation disclaims any
intent or obligation to update any forward -looking statement, whether as a result of new information,
future events or results or otherwise. Forward -looking statements are not guarantee s of future
performance and accordingly undue reliance should not be put on such statements due to the inherent
uncertainty therein.