Ann: New High-Grade Zone Discovered at CV13 - 34.4m @ 2.90% Li2O, page-33

Reversing the direction of the drill rig late in season, from SE to NW, has paid off.

One might have expected a down dip director's special consistent with the possibly thinning stacked pegs from the previous CV13 announcement (hole 311). But instead it hits a wide "near horizontal" very high grade section. This interpretation is confirmed by hole 510 for a similar width some 80m along dip NW continuity, and open.

The half dozen follow up holes to the NE all also hit - 23m to 47m assays pending - and all these holes will be pathfinders for future drilling which will probably revert back to the SE direction, step out to the NW and be near vertical (hole 470 was -80degrees), to get even closer to true widths. AZS did this very successfully at Andover.

Open down dip NW and to the NE towards CV5 and along strike back into the elbow of CV13. Shallow and not a drop of water in sight. A lot to like, particularly if the widths and grade continues.

I note this discovery is also consistent with the ice boulder/glacial direction interpretation of an "undiscovered spodumene pegmatite to the North of the primary CV Lithium Trend":


https://announcements.asx.com.au/asxpdf/20240325/pdf/061tjj9rb5xmjk.pdf

No wonder the company got excited enough to do this single hole announcement.

GLTAH!