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AVZ Minerals Ltd.
Summary
| Project: | Manono | |
|---|---|---|
| Deposit: | Manono | |
| Location: | Democratic Republic Of The Congo | |
| Commodities: | Lithium | |
| Date: | 7/28/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-7-2017: AVZ Minerals Ltd. announces an Exploration/Drilling Update report for its Manono deposit at the Manono project. Drilling results incl. 202.8m @ 1.57% Li2O, 1078ppm Sn from 65.5m. AVZ’s Executive Chairman Mr Eckhof commented “The excellent assay | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter Spitalny (Hanree Holdings Pty Ltd.) | |
| ABSTRACT: | AVZ’s Executive Chairman Mr Eckhof commented “The excellent assay results from hole MO17DD002 are a major step forward in defining a world class resource at the Manono Lithium project. I look forward to being able to report further world class results from the remaining 6 drill holes in this intitial program (due by the end of August) and the next round of drilling planned for late Q3 / early Q4 2017.” AVZ Minerals Limited (ASX:AVZ) is pleased to provide an update of the initial phase of drilling at the Manono Lithium Project (AVZ 60%). Drilling Summary The pegmatites at the Manono Lithium Project extend for a strike length of at least 13kms. AVZ has named the six largest pegmatites using the names of the historical open-cut shallow pits within the area. The initial phase of drilling, comprising seven diamond drill holes for a total of 1,739 metres and testing five of these large pegmatites, has been completed; MO17DD001 to MO17DD007 (Figure 1 and Table 1). The drill core has been cut and samples have been submitted to ALS GLOBAL Perth, W.A. for assay. Results for the first batch of samples, those from drill-hole MO17DD002, have been received (Table 2). These initial assay results confirm the visual estimates of spodumene abundance in MO17DD002 (Figure 2). MO17DD002 diamond drill hole returned 202.8m @ 1.57% Li2O and 1078ppm Sn. Tin mineralisation at these levels within this pegmatite is considered to be of potential economic value. Assay results pending for the remaining six diamond drill holes are expected by the end of August 2017. The location of these drill-holes is shown in Figure 1. In all cases, thick intervals of pegmatite have been intersected and spodumene is present within all the pegmatites, as displayed in Figure 2. | |
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