- Azure Minerals (ASX:AZS) kickstarts drilling at Target Area 3 within its Andover project in WA, revealing significant widths of spodumene-bearing pegmatites
- The company intercepted wide and visibly fine to coarse-grained crystalline spodumene mineralisation at shallow depths
- Assay results from Target Areas 1 and 2 have also been received, showcasing further broad intersections of lithium mineralisation
- Further assay results are expected in the next four weeks
- AZS shares are up 5.85 per cent, trading at $2.17 at 11:52 am AEDT
Azure Minerals (ASX:AZS) has commenced drilling at Target Area 3 within its Andover project in Western Australia, revealing significant widths of spodumene-bearing pegmatites.
The company intercepted wide and visibly fine to coarse-grained crystalline spodumene mineralisation at shallow depths.
In addition, Azure has reported assay results from Target Areas 1 and 2, showcasing further broad intersections of lithium mineralisation.
Notable results from Target Area 2 include 1.51 per cent lithium oxide over 23.7 metres from a depth of 76 metres.
Furthermore, Target Area 1 yielded promising results, with 37 metres of visible spodumene mineralisation detected from 22.8 metres within a 39.6-metre-wide pegmatite, along with 15 metres of visible spodumene from 144 metres within a 19.3-metre-wide pegmatite.
Azure Minerals is actively pursuing its exploration program with four drill rigs focused on identifying mineralisation at the company’s priority Target Area 1. Simultaneously, three drill rigs are dedicated to testing multiple stacked pegmatites at Target Area 3.
The company’s extensive pegmatite interceptions will undergo analysis, and assay results are expected in the next four weeks as part of its ongoing evaluation of pegmatite systems.
AZS shares were up 5.85 per cent, trading at $2.17 at 11:52 am AEDT.