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AVZ Minerals Ltd.

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Summary

Project:

Manono

Deposit:Manono
Location:Democratic Republic Of The Congo
Commodities:Lithium-Tin-Tantalum-Iron
Date:11/27/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:27-11-2018: AVZ Minerals Ltd. announces an Exploration/Drilling Update report for its Manono deposit at the Manono project. Drilling results incl. 168.1m @ 1.58% Li2O, 674ppm Sn from 188.0m. 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. These new results towards the “ends” of the Roche Dure pegmatite continue to add confidence to the geological knowledge of the orebody and the distribution of lithium grades further from the modelled central part of Roche Dure. It is likely that we will 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 strong lithium mineralisation. We are very happy that the scale of the Roche Dure mineralisation continues to increase and we look forward to releasing an updated Mineral Resource Estimate for Manono before the end of the year with upgrade confidence in mineral resources categories.” AVZ Minerals Limited (ASX: AVZ) is pleased to report it has received further strong results from its Mineral Resource drilling at the Manono Lithium Project in the Democratic Republic of Congo. Results have been received for a further three diamond drill holes, none of which were included in the Maiden JORC Mineral Resource estimate reported in early August 2018. Assays for holes up to and including MO18DD065 will be used in the next revision of the mineral resource estimation whilst lithological interpretations from holes drilled after hole MO18DD065 will be used to model the shape of the orebody. Metallurgical Test Work Drilling The Company has completed drilling of 5 large diameter (PQ core) drill holes to collect bulk metallurgical samples for the planned test work associated with, and required for the Feasibility Study. The 5 holes are being geologically logged and prepared for transportation to Lubumbashi and then on to Perth for the continuation of the metallurgical test programme.

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