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AVZ Minerals Ltd.
Summary
| Project: | Manono | |
|---|---|---|
| Deposit: | Manono | |
| Location: | Democratic Republic Of The Congo | |
| Commodities: | Lithium-Tin-Tantalum-Iron | |
| Date: | 9/5/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Scoping Study | |
| Report details: | 5-9-2018: AVZ Minerals Ltd. announces an Exploration/Drilling Update report for its Manono deposit at the Manono project. Drilling results incl. 286.75m @ 1.74% Li2O, 822ppm Sn from 54.55m. AVZ’s Managing Director Mr Nigel Ferguson commented: “Drilling is | |
| 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: “Drilling is continuing as planned at Roche Dure. Some of these new results are located within the area recently modelled for the Maiden Mineral Resource estimate, as well as from step out drilling along the strike of the pegmatite and outside the mineral resource area. The assay results noted here continue to confirm lithium and tin mineralisation in the modelled zone, demonstrating the homogenous nature of the pegmatite. Additionally, new results from unmodeled areas have also intersected mineralisation, adding to the scale of the Roche Dure mineralisation. These results will be captured in the next mineral resource calculation.” AVZ Minerals Limited (ASX: AVZ) is pleased to provide an update on its Mineral Resource drilling of the Manono Lithium Project in the Democratic Republic of Congo. The Company has recently received new drilling results, resulting in this public announcement reporting the results from 7 drill-holes. These new drilling results were not included in the maiden JORC Mineral Resource estimate reported in early August 2018. Drilling progress The new drilling results reported here are from a combination of infill holes within the area recently reported as the maiden Mineral Resource, as well as from new holes drilled towards the edge of this area. Recent assays from the 7 newly validated cored drill holes reported include data from drill holes MO18DD035 to MO18DD041, excluding the recently deepened hole MO18DD036, which confirmed the presence of additional mineralised pegmatite, but for which assay results are still pending. All these new holes have intersected broad intervals of mineralisation, with the intersections of individual pegmatite bodies up to 336.81m (down-hole length; true thickness not yet known) in MO18DD041. Hole MO18DD036 has been deepened after later drilling intersected what looked like a possibly deeper part of the lower Roche Dure pegmatite on adjoining sections. Assays for this hole are only reported to a depth of 392.47m with the depth extension results for the deeper pegmatitic mass still pending and to be reported on later. Hole MO18DD041 on the section north of hole MO18DD036 intersected a total of 336.81m of pegmatite confirming the presence of this lower, thicker part of the pegmatite in this area. | |
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