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AVZ Minerals Ltd.

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Summary

Project:

Manono

Deposit:Carriere de l’Este
Location:Democratic Republic Of The Congo
Commodities:Lithium-Tin
Date:2/19/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:19-2-2019: AVZ Minerals Ltd. announces an Exploration/Drilling Update report for its Carriere de l’Este deposit at the Manono project. Drilling results incl. 182.7m @ 1.69% Li2O, 542ppm Sn from 8.3m. AVZ’s Managing Director Mr Nigel Ferguson commented: “T
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Micheal Cronwright (MSA Group Pty Ltd.)
ABSTRACT:AVZ’s Managing Director Mr Nigel Ferguson commented: “The wide spaced reconnaissance drilling completed in late 2018 at Carriere de l’Este has confirmed the presence of thick, high-grade spodumene bearing pegmatite under thin alluvial cover between the original hole drilled there in mid-2017 (MO17DD007 250.93m* @ 1.48% Li2O and 913ppm Sn – press release dated 18th September 2017) and the high-grade surface outcrop mapped and sampled in December 2017 on section 21,200mN (with grab samples ranging from 1.43% Li2O to 4.46% Li2O) – press release dated Dec 22nd 2017. The exciting near surface, high-grade zones of this flat dipping deposit, coupled with strong surface mineralisation noted from mapping and these new drill results, have extended the strike of the deposit to at least 1.5 kilometres long and these is no evidence to suggest it does not continue under cover towards the Tempete pegmatite some 2 kilometres to the southwest. This exciting new discovery confirms Carriere de l’Este as a significant lithium deposit to potentially exceed the Roche Dure deposit.

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