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AVZ Minerals Ltd.
Summary
| Project: | Manono | |
|---|---|---|
| Deposit: | Manono | |
| Location: | Democratic Republic Of The Congo | |
| Commodities: | Lithium | |
| Date: | 9/18/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-9-2017: AVZ Minerals Ltd. announces an Exploration/Drilling Update report for its Manono deposit at the Manono project. Drilling Results incl. 250.93m @ 1.48% Li2O, 913ppm Sc from 1.9m. AVZ’s Executive Chairman, Mr. Eckhof commented: “This result is a | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter Spitalny (Hanree Holdings Pty Ltd.) | |
| ABSTRACT: | AVZ’s Executive Chairman, Mr. Eckhof commented: “This result is a significant milestone for the Company. It represents the first drill hole ever completed into the Carriere de L’Est pegmatite, Manono Sector of the Manono Lithium Project. It is also the largest pegmatite within the Manono Kitotolo system and presents a significant target for the Company in defining resources. To our knowledge, this is the longest pegmatite intercept ever reported and 250.93m @ 1.48% Li2O would have to be one of the finest. This sector has the potential to add materially to the current exploration target as well as the economics of the overall project for both lithium and tin.” “This completes a set of outstanding results for the initial drill program, also confirming the historical data. We have drill tested three of the Kitotolo sector pegmatites and the Carriere de L’Est pegmatite in the Manono Sector, with the drill holes confirming the presence of large lithium, tin and tantalum mineralised pegmatite bodies over significant strike lengths. The program has confirmed our understanding of the immense size of the Manono Lithium project. We look forward to commencing the next phase of work which will be focussed on resource definition, extension drilling and initial mineralogical test-work.” AVZ recently completed its initial drilling campaign comprising seven diamond drill-holes, MO17DD001 – MO17DD007 (Figure 1 and Table 1), with results for MO17DD001- MO17DD006 having been released prior to this announcement. | |
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