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AVZ Minerals Ltd

AVZ Minerals drills record 341.62 metre lithium pegmatite intersection in DRC

A maiden lithium mineral resource estimate is expected to be completed in July.

map of Democratic Republic of Congo
The Manono project is in a lithium-rich area of the DRC

AVZ Minerals Ltd (ASX:AVZ) has recorded the largest lithium pegmatite intersection to date from its Manono Lithium Project in the Democratic Republic of Congo.

The intersection was drilled as part of AVZ’s ongoing 20-kilometre drilling program, results from which will be used to establish a maiden lithium resource estimate in July.

Intercepts with excellent grades of lithium and tin

The 341.62 metre intersection included an upper interval of weathered rock beneath which the fresh-rock intersection was 302.10 metres down-hole length at 1.54% lithium and 875ppm tin.

An adjacent hole intersected 299.88 metres of the Roche Dure pegmatite, with the fresh-rock interval being 268.75 metres down-hole length at 1.55% lithium and 751ppm tin.

A third drill-hole intersected 303.16 metres of this pegmatite, with the fresh-rock interval being 278.96 metres down-hole length at 1.58% lithium and 1053ppm tin.

 

Additional drilling is required to confirm the true thickness of the pegmatites.

AVZ’s managing director Nigel Ferguson said: “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.”

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