1. Most Discussed
  2. Gainers & Losers
AVZ 10.5¢

AVZ MINERALS LIMITED

Refresh
69,372 posts · 122,535 Monthly Visits *

AVZ defines Roche Dure pegmatite over 800m strike length

ASX Announcement 10 July 2018 

HIGHLIGHTS

  • MO18DD018 intersected 283.20m* @ 1.69% Li2O and 905ppm Sn from 75.00m down-hole on drill section 7200mN 
  • MO18DD020 intersected 155.75m* @ 1.41% Li2O and 816ppm Sn from 133m down-hole preceded by 30.00m* @ 1.57% Li2O and 866ppm Sn from 58m downhole on drill section 6800mN 
  • MO18DD017 intersected 123.00m* @ 1.67% Li2O and 898ppm Sn from 138.00m down-hole on drill section 6700mN 
  • MO18DD019 intersected 69.00m* @ 1.38% Li2O and 1205ppm Sn from 148.00m down-hole on drill section 6600mN 
  • Mr Leonard Math appointed Joint Company Secretary.

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

AVZ’s Managing Director, Nigel Ferguson, commented: “Hole MO18DD018 has produced another high-grade drill intercept. We are very pleased that drilling has now defined mineralised pegmatite over an 800m strike length at the Roche Dure prospect, including approximately 300m to the south of the historical Roche Dure pit in unmined ground.”

“The thinning of the pegmatite towards the south west was expected, however thicknesses remain significant in terms of overall tonnage potential that can be added to the Mineral Resource estimate, to be reported soon. Infill drilling continues towards the south west and towards the north-east along strike from the initial due diligence drill hole MO17DD002.”

AVZ Minerals Limited (ASX: AVZ) (the “Company”) is pleased to provide an update on mineral resource drilling of the Manono Lithium Project in the Democratic Republic of Congo, where results have defined mineralised pegmatite at Roche Dure over a strike length of more than 800m.

AVZ completed drill-holes MO18DD017 and MO18DD019 off-section between lines 6600mN and 6700mN due to site conditions at the time. MO18DD020 was drilled on section 6800mN as planned and MO18DD018 was drilled on section line 7200mN as planned (Figure 1). Details of drill-hole locations are given in Appendix 1.


Figure 1: Location of drill-holes MO18DD017 - MO18DD020.

MO18DD018, on line 7200mN, intersected 283.20m* @ 1.69% Li2O and 905ppm Sn from 75.00m to 358.20m (Figure 2), similar to the intersections on drill section 7100mN (as reported on 28 June 2018) 100m southwest of MO18DD018 and the intersection achieved by MO17DD002 (202.8m @ 1.57% Li2O and 1078ppm Sn, as reported on 28 July 2017) approximately 180m north-east of MO18DD018.


Figure 2: MO18DD018 cross-section.

Click here to view the full announcement 

AVZ confirms pegmatite continuity west of Roche Dure pit

ASX Announcement 3 July 2018

HIGHLIGHTS 

  • Hole MO18DD014 reported a downhole intercept of 67.15m* at 1.45% Li2O and 1256ppm Sn within unweathered pegmatite 
  • Significant tin concentrations in weathered pegmatite including 30.15m* @ 1256ppm Sn in MO18DD014 
  • Roche Dure pegmatite hanging-wall and footwall contacts are well-constrained which will assist Mineral Resource estimation 
  • Drilling, sampling and assaying progressing well and maiden Mineral Resource Estimate expected to be completed this month.

AVZ’s Managing Director, Nigel Ferguson, commented: “Drilling of the Roche Dure pegmatite continues with four drill rigs operating 24/7. The geological information being collected from the drill core continues to confirm the grade and continuity of the pegmatite and the expected leaching of lithium from oxidised zones nearer to surface.

“We now have full cross sections intersecting both the hanging and footwall contacts and showing some depletion at surface in “virgin” areas south of the Roche Dure pit. Some additional infill drilling is still required and subject to access will be undertaken soon. MSA consultants in South Africa will commence Mineral Resource calculation soon once all data is available.”

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

AVZ Minerals Limited (ASX: AVZ) is pleased to provide an update on its initial 20,000m resource drilling program at the Manono Lithium Project in the Democratic Republic of Congo, where drilling has demonstrated continuity of the weathered pegmatite west of the Roche Dure pit.

AVZ drilled holes MO18DD013, MO18DD014 and MO18DD016 on section line 6900mN, (Figure 1). Details of drill-hole locations are given in Appendix 1.

The intersections achieved by MO18DD013, MO18DD014 and MO18DD016 (Table 1) provide full coverage across the Roche Dure pegmatite because there was no impediment to drilling imposed by the Roche Dure pit, which is east of the section. AVZ determined the full extent of the weathered zone as about 35m - 40m of weathered pegmatite overlying the unweathered (‘fresh’) pegmatite (Figure 2). However, the depth of weathering is known to vary locally and is influenced by the presence of faults, with zones of highly fractured rock potentially being weathered to greater depths. This appears to be the case with MO18DD014, where mild weathering extends to 68m but is restricted to fracture zones.

Lithium is leached by chemical weathering so lithium concentrations in weathered pegmatite are less than in the unweathered portion of the pegmatite but comparison of the results from MO18DD013, MO18DD014 and MO18DD016 reveals that the amount of leaching is variable.

Furthermore, significant grades of tin mineralisation are present within the weathered pegmatite (MO18DD014; 30.15m @ 1256ppm Sn, 0.16% cassiterite, SnO2) which is likely to be of economic importance.

Note that the displayed orientation of drill-holes in both Figures 1 and 2 is schematic; there was deviation of the drill-holes (Refer Appendix 2).

Drilling continues to progress well and AVZ expects further assay results soon which the Company will announce once they are interpreted and validated.

Click here to view the full announcement 

AVZ drills record 341.62m* pegmatite intersection

ASX Announcement 28 June 2018 

HIGHLIGHTS 

  • The 341.62m* intersection of the Roche Dure pegmatite, MO18DD009, is the largest achieved at Manono. 
  • The intersection included an upper interval of weathered rock beneath which the freshrock intersection was 302.10m* @ 1.54% Li2O and 875ppm Sn. 
  • Adjacent drill-hole MO18DD012 intersected 299.88m* of the Roche Dure pegmatite with the fresh-rock interval being 268.75m* @ 1.55% Li2O and 751 ppm Sn. 
  • MO18DD015 intersected 303.16m* of the Roche Dure pegmatite with the fresh-rock interval being 278.96m* @ 1.58% Li2O and 1053 ppm Sn. 
  • Maiden Mineral Resource Estimate to be completed in July.

AVZ’s Managing Director, Nigel Ferguson, commented: “The Roche Dure pegmatite continues to produce intercepts with excellent grades of lithium and tin. This bodes well for the calculation of the maiden JORC compliant Mineral Resource in July and ongoing drilling for the complete pegmatite body and updated resource calculations.”

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

AVZ Minerals Limited (ASX: AVZ) is pleased to provide an update on its 20,000m resource drilling program at the Manono Lithium Project in the Democratic Republic of Congo.

Drill-holes MO18DD009, MO18DD012 and MO18DD015 were drilled on section line 7100mN, (Figure 1). Details of drill-hole locations are given in Appendix 1.

The intersections achieved by MO18DD009, MO18DD012 and MO18DD015 (Table 1) are a little larger than those attained by drill-holes completed on sections 7000mN and 6900mN, suggesting that the pegmatite thickens towards the northwest as is seen from initial mapping of the body. It is also apparent that the upper part of the pegmatite is closer to the surface in this locality (Figure 2).

Note that the displayed orientation of drill-holes in both Figures 1 and 2 is schematic; there was some deviation of the drill-holes towards the north (see Appendix 2) and this has increased the distance of the path of drill-holes through the pegmatite.

Drilling continues to progress-well and further assay results are anticipated soon. The market will be kept up-to-date as soon as results have been interpreted and validated.

Click here to view the full announcement 

AVZ commences Manono Scoping Study

ASX Announcement 27 June 2018

HIGHLIGHTS 

  • AVZ has engaged Perth-based independent engineering group CPC Engineering to undertake a Scoping Study of its Manono Lithium Project.
  • Scoping Study expected to be completed in August 2018.

AVZ Minerals Limited (ASX: AVZ) is pleased to announce it has engaged Perth-based independent engineering group CPC Engineering (CPC) to complete a Scoping Study for the Company’s Manono Lithium Project in the Democratic Republic of Congo (DRC).

The objective of the Scoping Study is to prepare initial capital and operating cost estimates based on a typical hard rock spodumene concentrate process flowsheet. As part of the study a high-level review of options to upgrade the spodumene concentrate will be undertaken, with the aim to minimise transportation costs.

A second high-level review will investigate opportunities to produce a cassiterite (SnO2) concentrate as a secondary product stream. The estimate will capture the process plant, process and non-process infrastructure as detailed below.

The review of the preliminary characterisation test-work results has indicated that the Manono project process plant would consist of the following processing stages:

  • three stage crushing circuit 
  • screening circuit (0.5 mm) 
  • reflux classification for mica removal 
  • dense media separation 
  • desliming (38 μm) 
  • grinding and flotation 
  • concentrate handling.

Process infrastructure would include:

  • water supply from bore fields local to the process plant 
  • power generation for the process plant (diesel power station selected as the base case) 
  • process plant offices, workshop, and associated infrastructure, within the process plant.

Non-process infrastructure would include: 

  • accommodation camp 
  • communication systems 
  • sewage/waste disposal.

AVZ’s Managing Director, Nigel Ferguson, commented: “It is pleasing to advance to the next stage of development at Manono with a well-known engineering group to complete this initial scoping study. Engaging CPC was timed to allow them to be better acquainted with the project through the recently completed metallurgical test work results. These combined with initial infrastructure studies being completed are expected to enable the Scoping Study to be completed to a high level of confidence and will provide greater certainty to shareholders about the opportunity the Manono Lithium Project offers.”

Click here to view the full announcement

AVZ hits 263.24M* @ 1.52% lithium

ASX Announcement 18 June 2018 


HIGHLIGHTS 

  • Drill-hole MO18DD010 intersects 263.24m* @ 1.52% Li2O and 950 ppm Sn at the Roche Dure pegmatite. 
  • Drill-hole MO18DD011 intersects 248.22m* @ 1.72% Li2O and 685 ppm Sn at the Roche Dure pegmatite. 
  • MO18DD010 and MO18DD011 were drilled approximately 50m either side of previously reported hole MO18DD006 on section line 6900mN, confirming the consistency of mineralisation within the Roche Dure pegmatite. 
  • The intersections achieved on section 6900mN are very similar to those achieved on section 7000mN (reported previously), supporting the potential definition of a high-grade Mineral Resource. 
  • Maiden Mineral Resource Estimate expected to be complete in July.

AVZ’s Managing Director, Nigel Ferguson, commented: “These ongoing mineral resource drilling results demonstrate the consistency in width through this zone at Roche Dure and the high-grade nature of lithium mineralisation and associated tin grades. We are committed to completing initial drilling on the Roche Dure pegmatite to allow a maiden Mineral Resource, compliant with 2012 JORC code, to be calculated in July.”

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

AVZ Minerals Limited (ASX: AVZ) is pleased to provide an update on exploration of the Manono Lithium Project in the Democratic Republic of Congo, including progress of the initial 20,000m resource drilling program.

AVZ drilled holes MO18DD010 and MO18DD011 on section line 6900mN (Figure 1), the same section as the previously reported MO18DD006. Details of drill-hole locations are given in Appendix 1.

Click here to view the full announcement 


This is a paid advertisement. HotCopper does not endorse, approve or take responsibility for the statements made.
Forum
Stock Code
SubjectView as
Poster
Views
Rating
Date
    ×
    Australia's leading analysts are standing by.
    Ask any question FREE on any ASX listed company, we will answer your question by next business day and give you share recommendations from our Award-Winning team, FREE for 21 days
  1. Sponsored
  2. 6,099
    3
    14:4314:43
  3. 6,099
    9
    14:0214:02
  4. 6,099
    8
    13:5913:59
  5. 3,197,137
    1
    13:5913:59
  6. 3,197,137
    6
    13:4913:49
  7. 6,099
    13
    13:4913:49
  8. 6,099
    13:4513:45
  9. 6,099
    1
    13:4513:45
  10. 6,099
    3
    13:4013:40
  11. 3,197,137
    1
    13:3613:36
  12. 6,099
    1
    13:3413:34
  13. 3,197,137
    1
    13:3113:31
  14. 6,099
    5
    13:2913:29
  15. 6,099
    13:2313:23
  16. 6,099
    13:1113:11
  17. 6,099
    3
    13:0913:09
  18. 6,099
    5
    12:5812:58
  19. 3,197,137
    12:5412:54
  20. 3,197,137
    1
    12:4912:49
  21. 6,099
    4
    12:4812:48
  22. 3,197,137
    12:4712:47
  23. 6,099
    2
    12:4512:45
  24. 6,099
    22
    12:0312:03
  25. 3,197,137
    3
    11:4411:44
  26. 3,197,137
    2
    11:3911:39
  27. 3,197,137
    3
    11:2211:22
  28. 3,197,137
    21
    10:3610:36
  29. 6,099
    19
    10:3310:33
  30. 3,197,137
    7
    10:3010:30
  31. 6,099
    7
    10:2710:27
  32. 6,099
    15
    10:2110:21
  33. 6,099
    8
    10:1810:18
  34. 6,099
    15
    10:1410:14
  35. 3,197,137
    8
    08:5308:53
  36. 3,197,137
    12
    08:1008:10
  37. 3,197,137
    52
    02:1702:17
  38. 3,197,137
    12
    17/07/1817/07
  39. 3,197,137
    7
    17/07/1817/07
  40. 3,197,137
    16
    17/07/1817/07
  41. 3,197,137
    29
    17/07/1817/07
  42. 3,197,137
    46
    17/07/1817/07
  43. 3,197,137
    32
    17/07/1817/07
  44. 3,197,137
    6
    17/07/1817/07
  45. 3,197,137
    26
    17/07/1817/07
  46. 3,197,137
    58
    17/07/1817/07
  47. 3,197,137
    47
    17/07/1817/07
  48. 3,197,137
    12
    17/07/1817/07
  49. 3,197,137
    34
    17/07/1817/07
  50. 3,197,137
    18
    17/07/1817/07
  51. 3,197,137
    17/07/1817/07
  52. 3,197,137
    1
    17/07/1817/07
  53. 3,197,137
    29
    17/07/1817/07
  54. 3,197,137
    3
    17/07/1817/07
  55. 3,197,137
    1
    17/07/1817/07
  56. 3,197,137
    1
    17/07/1817/07
  57. 3,197,137
    17/07/1817/07
  58. 3,197,137
    7
    17/07/1817/07
  59. 3,197,137
    4
    17/07/1817/07
  60. 3,197,137
    2
    17/07/1817/07
  61. 3,197,137
    17/07/1817/07
  62. 3,197,137
    17/07/1817/07
  63. 3,197,137
    1
    17/07/1817/07
  64. 3,197,137
    2
    17/07/1817/07
  65. 3,197,137
    4
    17/07/1817/07
  66. 3,197,137
    18
    17/07/1817/07
  67. 102,793
    6
    17/07/1817/07
  68. 3,197,137
    60
    17/07/1817/07
  69. 3,197,137
    1
    17/07/1817/07
  70. 3,197,137
    24
    17/07/1817/07
  71. 3,197,137
    7
    17/07/1817/07
  72. 3,197,137
    17/07/1817/07
  73. 3,197,137
    3
    17/07/1817/07
  74. 3,197,137
    8
    17/07/1817/07
  75. 3,197,137
    18
    17/07/1817/07
  76. 102,793
    8
    17/07/1817/07
  77. 3,197,137
    11
    17/07/1817/07
  78. 3,197,137
    22
    17/07/1817/07
  79. 3,197,137
    23
    17/07/1817/07
  80. 3,197,137
    2
    17/07/1817/07
  81. 3,197,137
    1
    17/07/1817/07
  82. 3,197,137
    22
    17/07/1817/07
  83. 3,197,137
    17/07/1817/07
  84. 3,197,137
    7
    17/07/1817/07
  85. 3,197,137
    1
    17/07/1817/07
  86. 3,197,137
    28
    17/07/1817/07
  87. 3,197,137
    33
    17/07/1817/07
  88. 3,197,137
    13
    17/07/1817/07
  89. 3,197,137
    31
    17/07/1817/07
  90. 3,197,137
    15
    17/07/1817/07
  91. 3,197,137
    21
    17/07/1817/07
  92. 3,197,137
    8
    17/07/1817/07
  93. 3,197,137
    46
    17/07/1817/07
  94. 3,197,137
    4
    17/07/1817/07
  95. 3,197,137
    4
    17/07/1817/07
  96. 3,197,137
    17/07/1817/07
  97. 3,197,137
    26
    17/07/1817/07
  98. 3,197,137
    3
    17/07/1817/07
  99. 3,197,137
    1
    17/07/1817/07
  100. 3,197,137
    40
    17/07/1817/07
  101. 3,197,137
    7
    17/07/1817/07
Top

Thank you for visiting HotCopper

We have detected that you are running ad blocking software.


HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.