AVZ 0.00% 78.0¢ avz minerals limited

Ann: Drill intercepts at Manono, page-124

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    Spot on, “Nothing we can do now, look forward for what's to come”.

    Following today’s announcement some notes on the big sister quarry Carriere de L’este Pegmatite which is located ~7.5km along strike to the NE of the Roche Dure Pegmatite for those interested:

    Notes for the Carriere de L’este Pegmatite (length ~5.5Km)
    To be drilled after the completion/during the current Roche Dure drill program and “is evidently as large or larger than the famous Greenbushes Pegmatite in WA where current resources are stated as 240Mt of 2.4% Li2O”, Klaus Eckhof, AVZ Executive Chairman.

    Trench 10 to 13, 19 to 23, 25 and 34. Results include 44m @ 1.63% (T12), 16m @ 2.47% (T13) and 6m @ 3.28% Li2O in relatively unweathered pegmatite.


    Drill hole MO17DD007, is located ~500m SW of the above T12 and 13 trenches and adjacent to an area of outcropping pegmatite returned a mineralised intersection of 250m @ 1.48% Li20 913ppm Sn from 1.9m. In addition, geometric interpretation of this pegmatite suggests that the true thickness is 280m and reported mineralised intercept was at the time purportedly, “the longest and finest ever reported in the World”, will be superseded by 9 of 10 drill holes (MO18DD001-007, 008-011) drilled to date this year at the Roche Dure Pegmatite (located ~7.5km along strike to the SW) when assays are received and reported. Spod oresome.

    Surface rock chip sampling has also confirmed and extended the strike length of the spodumene bearing pegmatite from drill hole MO17DD007 to some 750m in the SW direction. Assay results from surface rock chips ranged between 1.43 to 4.46% Li2O. Oresome

    Drill hole MO18DD008, the water divined barren drill hole is located ~400m NE and along strike of MO17DD007 returned a thick intersection of pegmatite that is parallel and dips below the Carriere de L’este Pegmatite. This unnamed pegmatite to date further highlights the extraordinary potential of the Manono pegmatite swarms that have not been discovered/identified to date.

    An additional Tier 1 World Class and most sought-after asset … Bye …

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    “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, 12th September 2017.

    You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right. ~ Warren Buffett

 
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