AVZ 0.00% 78.0¢ avz minerals limited

Resource calculation, page-3

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    FYI, I have completed a global back of envelope resource in January and posted. Not sure what date, but in part copied below for your convenience and refined for the proposed drill zones only. An initial ~20,000m RC/DD program incorporating a 100m x 100m drill pattern will suffice for a JORC inferred/indicated resource over two homogenous spodumene rich target areas totaling a 2.4km strike extent in the vicinity of bonanza drill holes 001, 002 and 007 and up to +400m depths at both the Kitololo and Manono sectors:

    RC/DD Drill pattern 100m x 100m over ~1200m strike x 2 (13+ drill lines)
    3 drill holes per line for 750m (150m, 250m, & 350m depths), plus some selected deeper drill holes.
    Total ~19,500m

    5 RC/DD rigs double shifting for ~ 400m per day = 50 drill days + assaying + resource calculation = the largest undeveloped singular hard rock spodumene rich deposit in the World, second to the famous Greenbushes in Li2O grade only.

    I anticipate that this initial ~20,000m drill program, may delineate in excess of 528mt @ +1.5% Li2O:


    Kitololo Sector
    Roche Dure Pegmatite
    (length ~2.8km) - Kitololo Pit drilling
    Notes: Trench 1 to 5. Results include 197m @ 0.56% Li2O in mostly weathered pegmatite and 38m @ 1.29%, 29m @ 1.54% Li2O in relatively unweathered pegmatite.
    MO17DD001 230m @ 1.69% Li20 1018ppm Sn from 34m.
    MO17DD002 203m @ 1.57% Li20 1078ppm Sn from 65m. Drill hole located 400m along strike NE of 001.

    Potn Resource based on proposed drill holes in the vicinity of 001-002 .
    001: 600m (s) x 200m (w) x 300 (d) x 2.7 (sg, fresh) = 97.2Mt @ >1.5% Li2O +
    002: 400m (s) x 200m (w) x 300 (d) x 2.7 (sg, fresh) = 64.8Mt @ >1.5% Li2O +
    002+ 200m (s) x 132m (w) x 300 (d) x 2.7 (sg, fresh) = 42.7Mt @ >1.5% Li2O +
    Sub Total ~ 204.7Mt @ `~1.5% Li2O + Sn +

    Manono Sector
    Carriere de L’este Pegmatite (length ~5.5Km)

    Notes: Trench 10 to 13, 19 to 23, 25 and 34. Results include 44m @ 1.63% (T12), 16m @ 2.47% (T13) and 6m @ 3.28% Li2O in relatively unweathered pegmatite.
    MO17DD007 250m @ 1.48% Li20 913ppm Sn from 1.9m. This drill hole is located ~500m SW of T12 and 13 adjacent to an area of outcropping pegmatite. This drill hole pegmatite intercept is purportedly, the longest and finest ever reported in the World. Geometric interpretation of the Carriere de L’este Pegmatite suggests that the true thickness is 280m.
    An announcement on the 22nd December 2017 confirmed and extended the strike length of the spodumene bearing pegmatite from drill hole MO17DD007 to some 750m in the SW direction. Assay results from surface rock chips ranged between 1.43 to 4.46% Li2O. Oresome …

    Potn Res based on proposed drill holes in the vicinity of drill hole 007 only.,
    007: 1200m (s) x 250m (w) x 400 (d) x 2.7 (sg, fresh) ~ 324Mt @ >1.5% Li2O +

    Total B of Env, lower resource ~528.7Mt @ 1.5% Li2O for ~7.93Mt contained Li2O.

    Exciting time ahead for AVZ shareholders, hope that helps some. Bye …

    …………………………………………………………………………………………………………………
    “Given the continued support from drill intercepts to date, we have also upgraded our exploration target for the entire project, to be between 1Bt to 1.2Bt of 1.25% to 1.5% Li2O, including between 300 and 400MT of 1.25% to 1.5% Li2O for the Roche Dure pegmatite alone”. … Mr. Klaus Eckhof, AVZ Executive Chairman, 12th September 2017.

 
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