AVZ Minerals Limited: High-grade intercepts from first resource drill holes at Manono

AVZ Minerals Limited: High-grade intercepts from first resource drill holes at Manono

ID: 575108

(firmenpresse) - AVZ Minerals Limited: High-grade intercepts from first resource drill holes at Manono

HIGHLIGHTS

- Drill-hole MO18DD001 reported 295.03m* (at) 1.75% Li2O and 856 ppm Sn from 62.0m downhole.
- Drill-hole MO18DD002 reported 283.06m* (at) 1.59% Li2O and 807 ppm Sn from 63.1m downhole.
- Drill-hole MO18DD003 reported 313.88m, comprising an intersection of 13.1m* (at) 1.11% Li2O and 496ppm Sn from and 59.01m downhole and 289.58m* (at) 1.63% Li2O and 845 ppm Sn from 83.3m downhole.
- Drill-hole MO18DD004; 276.72m* (at) 1.61% Li2O and 947 ppm Sn from 54.0m downhole.
- The assay results are in accord with visual estimates of spodumene abundance reported previously.
- Assay results from holes MO18DD006 - MO18DD012 are anticipated to be received in the next two weeks.
- Drilling progressing well, with four rigs fully operational and the 22nd drill-hole of the drilling program currently in progress.
- On track for initial JORC resource calculation by end of June quarter 2018.

AVZs Executive Chairman Klaus Eckhof commented We are delighted with the progress of the resource drilling at Manono with four rigs now fully operational 24/7. With our resource consultants having visited site for independent reviews of the drilling program we are well placed to complete resource calculations as planned.

* Down-hole length. Additional drilling is required to confirm the true-thickness of the pegmatites.

AVZ Minerals Limited
Level 2, Suite 9, 389 Oxford Street, Mt Hawthorn, WA, 6016
T + 61 8 9380 6789
F + 61 8 9380 6761
E: admin(at)avzminerals.com.au
W: www.avzminerals.com.au

Please follow the link to view the complete news in English language, including tables and JORC-Code: https://www.asx.com.au/asxpdf/20180430/pdf/43tl90ysfnbxzp.pdf



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AVZ Minerals Limited ist ein an der ASX gelistetes Mineral-Explorationsunternehen mit Anteilen an einigen Explorationsprojekten in Namibia.



Bereitgestellt von Benutzer: irw
Datum: 02.05.2018 - 07:41 Uhr
Sprache: Deutsch
News-ID 575108
Anzahl Zeichen: 1919

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Wien



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