A nearology to our Manono Project is currently valued at $50m.
AVZ may should consider to spin out larger adjacent Manono Extension Project, imo.
AVZ has two project, one is famous Manono Project (188Km2, AVZ owns 60% with [email protected]%-1.5% Li2O exploration target), then surrouding Manono Extension Project (242Km2, AVZ ows 100%).
Both 4CE and Canadian listed Tantalex are not adjacent to AVZ's Manono Project, but Manono Extension Project.
- AVZ holds 60% of the Manono Project, funding expenditure to completion of a feasibility study
- Project covers about 188km2 in southern Democratic Republic of Congo (DRC)
- Hosts lithium pegmatites with a strike length of 13km+
- Outstanding results received from AVZ’s initial drilling program at Manono in 2017, including 235.0m @ 1.66% Li2O, 202.8m @ 1.57% Li2O and 250.9m @ 1.48% Li2O.
The Manono Extension Project (100% owned) comprises two granted exploration permits (PRs 4029 and 4030) covering 242.25km2 and surround the Manono Project licence.
Within the project, there are two primary targets delineated from the photo-geological interpretation (completed in 2014) that potentially represent the strike extensions of the Manono pegmatite to the SW and to the NE:
- SW Extension Target: A mapped pegmatite body of about 800m strike length and 200m wide, the SW target is a very highly weathered Calcic feldspar (albite)-quartz-muscovite pegmatite with parallels in mineralisation characteristics to the main Kitotolo pegmatites which may represent the southern extension to the main Kitotolo orebody.
- NW Extension Target: A well-developed lateritic cover under soil, with laterite believed to be 2-3m thick and a laterite developed in an east-west orientation measuring 2km by 1.5km.
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A nearology to our Manono Project is currently valued at $50m....
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