Ann: AVZ achieves record intersection at Manono, page-6

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AVZ achieves record intersection of 295.05m* of spodumene bearing pegmatite at Manono
HIGHLIGHTS
• First drill hole (MO18DD001) of AVZ’s 20,000m Phase 1 drilling program intersects 295.05m* of pegmatite from 62.00m down-hole depth
• Results suggests the Roche Dure Pegmatite is thicker than anticipated in this area
• Geological logging of drill-core suggests that the hole contains a similar quantity and distribution of spodumene to that intersected by drill-hole MO17DD001 (235.03m* @ 1.66% Li2O), 100m north-west of MO18DD001.
• Lower pegmatite contact intersected at 357.05m* depth with the drill-hole terminated at 380.00m down-hole depth.
AVZ’s Executive Chairman Mr Klaus Eckhof commented, “The down-hole intercept, based on geological logging, re-affirms the Manono Lithium Project as a world-class lithium asset. As the first hole in our initial 20,000m Phase 1 drilling program, we could not have hoped for a better result.”
AVZ Minerals Limited (ASX: AVZ) is pleased to provide an update on its initial 20,000m resource drilling program at the Manono Lithium Project in the Democratic Republic of Congo.
Drill-hole MO18DD001 commenced on 1 February 2018 and was completed on 14 February 2018 at a depth of 380.00m, with 295.05m* in spodumene-bearing pegmatite, and 294.93m* of the intersection being fresh pegmatite.
This hole is located about 100m south-east of drill-hole MO17DD001 and was designed to intersect the pegmatite down-dip of the large intersection achieved by MO17DD001 (235.03m* @ 1.66% Li2O), see Figure 1.
The hole intersected a greater thickness of pegmatite than expected, due to the top contact of the pegmatite being intersected at 62.00m, shallower than expected. The lower contact was intersected within 7m of expectations at 357.05m down-hole.