Daily Discussion, page-9120

Hello again. If you lack experience about ASX announcements, below are the three AZS announcements I referred to in my previous post; plus another announcement. You can familiarize yourself with what to expect.

1. The 1st announcement was an accidental lithium find from when AZS were drilling for nickel. The result of 7.2 metres of lithium from 313 metres deep underground is terrible but also promising. The announcement is at this link: https://announcements.asx.com.au/asxpdf/20230213/pdf/45ljldg34xw4q9.pdf

2. Another announcement was "visuals" of drill holes (rather than laboratory results). The drilling found 22 metre and 27 metre lengths of lithium, which is good but not outstanding. The announcement was at this link: https://announcements.asx.com.au/asxpdf/20230315/pdf/45mp0656fh0y7j.pdf

3. The 2nd announcement i mentioned had better visual intersections of 31.7 metres & 52.9 metres, which is very good. https://announcements.asx.com.au/asxpdf/20230405/pdf/45nd7rl5d8h69t.pdf




4. Then the 3rd announcement I mentioned had laboratory confirmed results of 38 metres to 105 metres of lithium, which was outstanding. The announcement is at this link: https://announcements.asx.com.au/asxpdf/20230613/pdf/05ql3y2551nwkq.pdf




While many of these drill intersections are deep in the ground, the "pegmatite" that has been intercepted generally runs to surface level, as shown in the diagrams below. The pink colour is the pegmatite with lithium.