AZS 0.00% $3.69 azure minerals limited

Banter and general comments, page-14

  1. 373 Posts.
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    Loving your @Maccajohn

    Love your list. I was thinking there might be a place for the

    1) "pegmetite Swarm 9 X 5 kms" somewhere suggesting an increased exploration window

    2) SQM link in Australia is to MT186 at 1.5% Kidman Resource (KDR) suggesting premium MRE seeking entity has partnered with WES

    3) decimeters (30 cm) Spodumene crystals suggest a higher % in LI02 like PMT ... AZS 14 NOVEMBER 2022 image 2 ...Coarse-grained spodumene crystals in pegmatite 30 cm ... similar to PMT

    12 Jan 2023 Corvette | Preliminary Metallurgy ( PMT)
    •Spodumene is very coarse grained (cm to decimetre scale) and liberates effectively at -6.5 mm and -9.5 mm crush sizes
    •Reduced energy consumption
    •Scoping test work (HLS, DMS, Magnetics) indicate that a 5.5+% Li2O spodumene concentrate at high recovery (>75%) is expected using a simple process flowsheet
    •Dense Media Separation (DMS) + magnetic separation
    •No significant chemicals required –gravity and water

    AZS is silent on Fe203 and Tantalite which PMT has favorable metrics. i.e

    •Low Fe2O3 present at 0.65% in concentrate –iron is a key impurity to evaluate
    •Tantalite concentrate (tantalum) potentially recoverable

    4) Plans for 4 drills AZS contrasts in good terrain ($25 m Aus Drill program) with 6 drills in helicopter territory for PMT (90 m CAD drill program)

    Note Blair Way CEO of PMT said he believes PMT is a bigger resource than LTR and will release a MRE around June / July 2023.

    @Maccajohn Thanks for the comparative studies

    "In 2023 Azure for sure"

 
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