Ann: AVZ achieves record intersection at Manono, page-343

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Wombat2

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22/02/18

08:59

Post #: 31244194
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Originally posted by mistie ↑

The presentation was on the 6^th February, 15 days ago. So, one would assume the other 4 drill rigs have arrived on site and started drilling.

A reminder that the JORC resource drilling has now commenced in earnest and there will be plenty of infill and along strike drilling occurring in the vicinity of bonanza drill holes 001, 002 and 007 over a 1200m strike length and up to +400m depths at both the Kitololo and Manono sectors.

This will not take long and the up dip will have to be drilled at a lower angle from the edge of Kitololo-Manono pits due to site accessibility.

RC/DD Drill pattern 100m x 100m over ~1200m strike x 2 (13+ drill lines)
3 drill holes per line for 750m (150m, 250m, & 350m depths), plus some selected deeper drill holes.
Total ~19,500m

5 RC/DD rigs double shifting for ~ 400m per day = 50 drill days + assaying + resource calculation = the largest undeveloped singular hard rock spodumene rich deposit in the World, second to the famous Greenbushes in Li2O grade only.

A continuous exploration newsfeed will commence now and will be the catalyst to a massive upward SP rerate. Exciting time ahead for AVZ shareholders only …Bye …

…………………………………………………………………………………………………………………
“Given the continued support from drill intercepts to date, we have also upgraded our exploration target for the entire project, to be between 1Bt to 1.2Bt of 1.25% to 1.5% Li2O, including between 300 and 400MT of 1.25% to 1.5% Li2O for the Roche Dure pegmatite alone”. … Mr. Klaus Eckhof, AVZ Executive Chairman, 12^th September 2017.

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I have a vision of a new convoy of trucks leaving South Africa destined for Manono loaded with core sample trays to cater for the 40,000m of drilling (Phase 1 and 2). Spare a thought for ML who will soon be updating us on Twitter sometimes a few times per day with the lastest pictures of trays and trays of high grade spodumene drill cores.

The rumble in the jungle is getting louder and louder with 5 drills now on site. Great news for investors IMHO.
Chrs w2

AVZ Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
14 Upvote

0 Great analysis

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Ann: AVZ achieves record intersection at Manono, page-343

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