ANDOVER PROJECT UPDATE
HIGHLIGHTS
• New Exploration Licence (EL) E47/4700 (10 blocks / 32km2
) granted; adjoins
existing Andover tenement currently being drilled (E47/2481)
• New EL hosts abundant pegmatites prospective for lithium mineralisation
• Azure’s granted tenements now completely cover all identified pegmatites in the
Andover district
• Lithium-focused drilling continues with two diamond core rigs and three reverse
circulation (RC) rigs in operation
• Third diamond rig mobilising to site with the addition of extra rigs being assessed
• Infill drilling to commence shortly for delineation of maiden Mineral Resource
Estimate within the AP0009-AP0014 pegmatite area
• Metallurgical testwork program for lithium extraction commenced
• Four Miscellaneous Licence applications for groundwater search were submitted
with grant expected in second half of 2023
• All tenements granted or applied for are included in the Heritage Protection
Agreement executed between Azure and the Ngarluma Aboriginal Corporation
• Additional heritage surveys to commence shortly overthe newly granted E47/4700
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