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AVZ Minerals Ltd.
Summary
| Project: | Manono | |
|---|---|---|
| Deposit: | Manono | |
| Location: | Democratic Republic Of The Congo | |
| Commodities: | Lithium-Tin-Tantalum-Iron | |
| Date: | 9/19/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Scoping Study | |
| Report details: | 19-9-2018: AVZ Minerals Ltd. announces an Exploration/Drilling Update report for its Manono deposit at the Manono project. Drilling results incl. 273.45m @ 1.73% Li2O, 953ppm Sn from 50.55m. AVZ’s Managing Director Mr Nigel Ferguson commented: “Continued | |
| 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: “Continued drilling at Roche Dure is increasing our knowledge of the deposit along strike, both to the south-west and north-east of the central part of the main resource area. With these new results, we will very likely see an increase in resource tonnages and category at Roche Dure given they were drilled outside the maiden resource 'area of influence'. The assays reported again show excellent lithium mineralisation. We are very happy that the scale of the Roche Dure mineralisation continues to increase and the grade remains consistent with intersections from the earlier drilling. We look forward to releasing an updated Mineral Resource Estimate for Manono before the end of the year.” AVZ Minerals Limited (ASX: AVZ) is pleased to report it has received further highgrade results from its Mineral Resource drilling at the Manono Lithium Project in the Democratic Republic of Congo. It has received results from a further eight diamond drill holes, none of which were not included in the Maiden JORC Mineral Resource estimate reported in early August 2018. Drilling progress Results from the latest eight holes have intersected broad intervals of mineralisation, with the intersections of individual pegmatite bodies up to 259.30m (down-hole length; true thickness not yet known) in MO18DD043. Hole MO18DD045 seems to show down-faulting in the deeper part of the orebody that is not yet fully understood and which will require further drilling for interpretation. The Roche Dure orebody continues to grow steadily in size. The grades of some of the pegmatite intervals in the new infill holes show zones of lower lithium grade but drilling also continues to demonstrate substantial thicknesses of higher-grade material ranging in depth from just under the weathered zones to deeper in the deposit. Again, there appears to be no zonation in the pegmatite intersected by these eight new holes. Figures 2 to 7 show these intervals schematically. AVZ’s infill drilling is expected to be completed late in November, with an update to the Mineral Resource Estimate for Manono due before the end of the year. | |
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