AVZ 0.00% 78.0¢ avz minerals limited

Ann: Further High-grade lithium mineralisation at Manono, page-60

  1. 6,461 Posts.
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    Awesome announcement, just what us holders were all hoping for and wanting!

    As already commented from others, the part at the end is amazing:

    " These results again confirm AVZ’s understanding of the immense size of the Manono Lithium project.

    Three of the Kitotolo sector pegmatites have now been drill tested confirming the presence of large lithium, tin and tantalum mineralised pegmatite bodies over a strike length of some 4 km within the Kitotolo sector.

    These results support the exploration target of between 400 and 800Mt of 1% to 1.5% Li2O at the Kitotolo Sector alone.

    Additional resources are also expected to be defined within the northern Manono Sector"

    400mt - 800mt of 1%-1.5% Li2O just at Kitotolo!

    Can see why calls of 1 billion to 2 billion tonnes were being made now.

    Great intersections 1.51% Li2O at 65.86m along with others.  

    Some have already covered things in posts here but I suggest reading the announcement, as there's quite a bit of detail.

    Really clear and very well laid out presentation as well, straight to the main points and explains everything, no trying to dodge or hide things.

    Still 2 more drill results to come as well!

    See what today brings with the markets reaction.
 
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