AVZ 0.00% 78.0¢ avz minerals limited

Ann: Results of Meeting, page-54

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    On the geotechnical front, once the rainy season eases, AVZ plans to commence dewatering of the Roche Dure open pit, using the neighboring M’Pete pit as a settling pond. This is expected to take some 3 to 4 months of continuous pumping and conclude towards the end of the Q3 2019 depending on the conditions encountered.

    With the pit empty of water, additional geotechnical and specialised mapping of the pit walls will be undertaken including some potential drilling of shallow holes post dewatering.It will also be possible to drill from the pit floor to determine the lithium content of the pegmatite that is likely to form the first material to report to any proposed new processing plant.

    The geological and assay information obtained will be included in the Mineral Resource estimate at that time and is expected to result in increasing the confidence of the material beneath the pit floor from an Inferred to Indicated category or greater.
 
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