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$3.69 azure minerals limited

Ann: 209m High-Grade Lithium Intersection at Andover, page-179

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trueman

97 Posts.

8

05/08/23

09:57

Post #: 69174966
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Originally posted by calmbeforestorm: ↑

A few other observations:

1. ANDR0017 was an RC hole which was externed by a DD from around to a total depth of 445m - Hole ANDR0023 was also extended by a DD so expect another monster thickness in hole 23. Both holes were drilled at 80 degrees with an azimuth of 340 and 327 degrees.

2. They have holes 227 (331m), 237 (400m), 238 (377m) drilled at 80 degrees all drilled with an azimuth of 205, 355 and 310 degrees. Expect some big long thick hits from these holes.

3. I expect we will see more 180 to over 200m hits in future assays.

4. As G-man stated they are possibly drilling hole 199 deeper and another hole further to the south from hole 199 - expect good hits from these holes - these holes may inform how deep the system really goes. True widths 120 to 135m are possible if not wider.

5. AP11 is OPEN at DEPTH - how much deeper we don't know but it is clear it is thicker the deeper the drilling goes. The extended hole 199 and the other to the south will provide good information on possible depth. PMT's deposit is as deep as 700m.

6. Grade of today's holes is pleasingly high - maybe Andover grade will exceed PLS and Wodgina - ie be over 1.2%

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Whats the deal with hole 199, do you think?

AZS Price at posting: $2.66 Sentiment: Buy Disclosure: Not Held
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0 Great analysis

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