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AVZ Minerals Ltd.

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Summary

Project:

Manono

Deposit:Manono
Location:Democratic Republic Of The Congo
Commodities:Lithium-Fluorine-Tin
Date:6/4/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:4-6-2018: AVZ Minerals Ltd. announces an Exploration/Drilling Update report for its Manono deposit at the Manono project. Drilling results incl. 284.47m @ 1.52% Li2O, 846ppm Sn. AVZ’s Executive Chairman Klaus Eckhof commented “Assay results again confirm
Resources:x
CP/QP:[Overall Report]: Peter Spitalny (Hanree Holdings Pty Ltd.)
ABSTRACT:AVZ’s Executive Chairman Klaus Eckhof commented “Assay results again confirm the consistency of the Roche Dure pegmatite which continues to be defined through diamond drilling with excellent recoveries. The drilling data set is now building nicely and will be forwarded to the independent consultants in June allowing a maiden resources calculation to be completed in July.” AVZ Minerals Limited (ASX: AVZ) is pleased to provide an update on exploration of the Manono Lithium Project in the Democratic Republic of Congo, including progress of the initial 20,000m resource drilling program. Drill-hole MO18DD006 was drilled on section line 6900mN (Figure 1) approximately 100m south west of MO18DD001, 002, 003 and 004 of line 7000mN as reported in the ASX announcement dated 30 April 2018, while MO18DD007 was drilled on section line 7000mN (Figure 2) underneath the drill holes reported on the 30 April 2018, essentially replacing MO18DD005 which was terminated. Drill Hole MO18DD008 was drilled in the Manono sector searching for a water source for the exploration camp (Figure 5). Details of drill-hole locations are provided at Appendix 1. Note that the displayed orientation of drill-holes in both Figure 3 and Figure 4 is schematic; there was some lifting and deviation of the drill-hole towards the north (see Appendix 2) and this has increased the distance of the path of drill-holes through the pegmatite. The similarity of the concentration of lithia (Li2O) for each intersection of the Roche Dure pegmatite achieved to-date is further confirmation of both the continuity of high-grade lithium mineralisation and that the Roche Dure pegmatite is essentially homogenous.

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