AZS 0.00% $3.69 azure minerals limited

This is what we know so far and some new info from the quarterly...

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    https://hotcopper.com.au/data/attachments/5232/5232948-c46511719adc7fd56c4d4b9b12d4d837.jpg
    This is what we know so far and some new info from the quarterly report

    The pegmatite in the middle is the main one of significance. It's now being described as having significant quantities of coarse-grained spodumene
    30% spod (1.8%+ Li2O) ?

    The company has suddenly become more transparent (describing the top pegmatite as having minor visible spodumene), this usually only happens when they have better results to report or to emphasize the significance of the new result.

    Holes 205 - 208 potentially have something really impressive to show

    It's also possible that those 2 lower pegs join and are actually the same / larger pegmatite - but we'll need more drilling to find out

    There is also this theory: The possibility of the next results to show better spodumene away from the fault. That fault is after the pegmatite so it could've had water/fluids/oxygen run down it weathering all the spod nearby the fault

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    https://hotcopper.com.au/data/attachments/5232/5232989-296631bb35325d36f07f9db4d058fa5f.jpg
    There is The main take away i think is this new information

    Refer to the report:

    The following two holes each intersected two pegmatites, with ANDD0203 drilling 12.1m and 52.9m-wide pegmatites and ANDD0204 drilling 29.7m and 39.6m-wide pegmatites. In both of these holes, the upper pegmatite contained only minor visible spodumene,while significant quantities of coarse-grained spodumene was prevalent in the lower pegmatite.
    This changes the previous thought process.

    Prior to today, we were under the impression that the areas of pegmatite without the dark red marker (Refer to the Legend bottom left 'spodumene visible in pegmatite') were areas that were actually unmineralized.

    Today we find out they have minor amounts of visible spodumene (anomalous <10% maybe?? Which would be about.... 0.6% Li2O??).

    This is good news for the other wider pegmatites with the high grade zones. It makes the following possible: (potentially ~30m high grade zone of ~1.5%+ Li2O and/or potentially ~50M @ ~1% Li2O when combining them?)


 
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