AZS azure minerals limited

Ann: Exceptional Lithium Drill Intersections from Andover, page-230

  1. 6,970 Posts.
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    You are brave suggesting a resource of 35mt to 45mt with assay results for so few holes, braver than I certainly am.

    I am thinking, if I interpret your post correctly, considering they have not drilled around or on AP0009 and AP0010, If (i.e. my speculation) we extrapolate your estimate the resource could end up over 150mt+ just in the AP009-14 corridor. Let me explain, if they continue with such impressive very thick (i.e. 50-10m high grade LI2O) intervals, to the 3km to 3.5km strike that Tony's has suggested is possible, that is about 4 times the 800m strike drilled to date, then you obtain a resource estimate of around 150mt and that seems to exclude the corridor along strike of AP0009 and if it does is 200mt possible?

    If we extrapolate further to include AP001 to AP008 and AP013 we are looking at a resource comparable to PLS and MinRes Wodgina which are 300mt and 250mt respectively.

    Please beware there is lots of speculation in my comments above - DYOR and don't rely on my speculation.
 
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