AVZ 0.00% 78.0¢ avz minerals limited

FIRST PAGE OF 27Positive Results from Initial Roche Dure...

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    FIRST PAGE OF 27

    Positive Results from Initial Roche Dure Extension Drilling Program

    Highlights
    • Results from the first 4 of 46 planned resource drill holes at the Roche
    Dure North-East Extension, confirms further widespread, high-grade
    spodumene lithium mineralisation including 226.8m @ 1.67% Li2O & 307
    ppm Sn and 226.8m @ 1.67@ Li2O
    • Seventy five samples returned values greater than 2% including 3
    individual samples grading greater than 3% Li2O with the highest value
    being from hole MO22DD003 from 122 to 124 metres downhole grading
    3.59 Li2O
    • The latest drill holes demonstrate grade continuity both down-dip and
    along strike at Roche Dure.
    • Drilling results moving along strike to the north-east confirm the Roche
    Dure orebody dipping shallower on the northernmost drill section.
    AVZ Minerals Limited (ASX: AVZ, OTC: AZZVF) (AVZ or Company) is pleased to
    report it has received further strong results from its Mineral Resource drilling
    (Figure 3) at the Manono Lithium and Tin Project (Manono Project) in the
    Democratic Republic of Congo (DRC). It has received results from the first 4
    diamond drill holes at the Roche Dure North-East Extension drilling programme.

    AVZ’s Managing Director Mr Nigel Ferguson commented: “The first 4 holes drilled
    at Roche Dure (Figure 3), as part of AVZ’s commitment to the Early Works
    Programme this year, are of the same lithium grade, tenor and intersection widths
    as previously encountered. Whilst only 4 holes have been reported, samples up to
    hole MO22DD016 out of the 23 holes completed to date (Figure 4) have been
    dispatched from site and these pending results will be reported soon. Appendix 3
    summaries the geology and assay values of these first 4 holes.”
    “Of potentially significant interest is the reinterpretation of the Roche Dure
    orebody from about Section 8,200mN onwards which is well beyond the most
    northerly edge of the current pit design. Hole MO22DD003 (Figure 7) shows
    strong mineralisation with higher grade intercepts downhole but the lower dip of
    the orebody here, interpreted from both the reported hole and the lithological
    logging of new holes drilled nearby, is significant in that higher tonnages per
    section and vertical metre may be generated because of the lower angle of dip of
    the orebody moving north. Further work is required in these areas, but this is an
    encouraging and unexpected development.”

    GLAH ... Mal
    Last edited by Malabra: 31/10/22
 
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