I know, I have been there for my work.FYI That is in the Republic of Congo cruiser not the DRC.
I know, I have been there for my work.FYI That is in the Republic of Congo cruiser not the DRC.
Sorry I have to let it out & ask.. Did you pass paper bags for a living ??I know, I have been there for my work.
No bibles ffs.Sorry I have to let it out & ask.. Did you pass paper bags for a living ??
It seems like more of a @MoneyBags1348 kind of gig
GLTAH
Sorry good people I should reset my password also
Keep me out of your fantasies...You always need a good nurse after getting a right / ripe mate
Speaking of nurses, @MoneyBags1348 You wanna dress up ?? I swear it’s not gay as long as I give it and not receive RIGHT…
Bit like our Mining Licence huh ! …
We give sooooo much and never receive… Maybe you speak to @Winenut about the second part
Alright I’m blaming the draught homebrews for all this, just filling in time like the CAMI site is filling in all our purple parts it seems..
Oh and once again if anyone needs a chat or talk shit, vent or whatever feel free to message me PM about anything bros and sisters… Hang in there as you mean something to somebody
GLTAH
Sorry.....AVZ unveils monster lithium hit from Congo drilling
Terry BatesSPONSORED
Thu, 23 March 2023 3:39PM
Diamond drilling for lithium in the DRC for AVZ Minerals. Credit: File
AVZ Minerals has unveiled a monster lithium hit, with credible tin additions, from a five-hole drilling campaign at its Manono project in the Congo.
The company’s campaign at its Roche Dure North-East Extension within the project yielded headline results including 308m at 1.53 per cent lithium oxide and 731ppm tin from 22.5m, with another 176.3m grading 1.67 per cent lithium oxide and 898ppm tin from 23.7m.
The results also featured 105 separate 2m drill intersections from the five holes which returned assays greater than the magical 2 per cent lithium oxide and up to a tantalising peak of 3.55 per cent.
The Manono project has JORC resources of 401 million tonnes at a grade of 1.65 per cent lithium oxide and is believed to be the world’s biggest and highest-grade undeveloped hard rock lithium project.
Assay results from the five drillholes were the fourth consignment received from a total program of 54 resource extension drillholes. AVZ said the results confirmed further widespread high-grade spodumene lithium mineralisation, including a thicker high-grade zone of 72m at 2.07 per cent lithium oxide from 203m.
Massive lithium intersection for AVZ. Credit: File/Supplied
Johannesburg-based geotechnical engineering consultancy Middindi has also completed specialist logging of eight drillholes for possible expansion of the open pit redesign.
AVZ says recent drilling located areas of late-stage alteration of the pegmatite with the associated typical lower lithium values. These zones are balanced with significant thicknesses of lithium mineralisation with grades above 2 per cent elsewhere in the ore body.
AVZ completed its weighty 8500-page definitive feasibility study for the Manono project in April, 2020. Management expects to complete its sale of 24 per cent of the project to Suzhou CATH Energy Technologies for US$240 (AU$356.2) million on March 31.
AVZ says it still owns 75 per cent of the legal title at the Manono Project.
Ohh yeah bags is into us.. Woops onto us I mean …Keep me out of your fantasies...
Funny thing Tommy Twatter face didn't report on the drilling results.And another bit of homecraft from Tommy the Twat
Mining
ASX miners demand Congo pay billions in compensation
Tom Richardson
ASX-listed Equatorial Resources has filed a $US1.1 billion ($1.6 billion) compensation claim against the Republic of Congo amid claims it was unlawfully stripped of iron ore mining rights in the nation where China exerts increased influence.
According to Equatorial Resources’ claim, the Congo government has until August to respond, subject to jurisdiction issues.
The Perth-based explorer alleges unlawful measures taken against it ‘‘formed part of a wider campaign to dispossess foreign mining companies of their iron ore interests in Congo and grant them to a Chinese-linked company named Sangha Mining’’.
The arbitration taken to the International Centre for Investment Disputes in Washington DC punctuates a high-risk scramble among junior miners to secure African battery metal resources, according to Clancy Moore, the chief executive of campaign group Transparency International.
‘‘One in four corruption cases in the oil, gas, and mining sectors arise at the very start of a mining operation – the licensing stage,’’ said Mr Moore.
‘‘Companies need to detect, prevent and reduce corruption risks by engaging transparently and fairly with communities and governments, undertaking proper due diligence on partners and alerting authorities when red flags are raised. Australia’s foreign bribery laws also need to be strengthened as they currently allow for companies to use facilitation payments.’’
There’s no suggestion that Equatorial Resources engaged in corruption. However, Mr Moore’s warning comes as shareholders face losses in numerous ASX-listed explorers hit by African sovereign risk.
At a private December 2022 annual general meeting held in Perth, the now delisted Sundance Resources said it was pursuing between $US1.5 billion and $US5.7 billion in compensation from the Republic of Congo after being divested of its iron ore mining rights in the central-west African nation amid historical allegations it bribed Congo politicians.
The ongoing arbitration is being pursued at the International Chamber of Commerce in London. According to the AGM notice, Sundance also took the Cameroon government to the ICC in Paris in December to demand it reissue it a mining permit, or pay $US5.5 billion in damages.
On Monday, Atlantic Lithium responded to the ASX’s compliance queries about a report by short seller Blue Orca Research, which alleged Ghana’s parliament may not approve Atlantic’s mining licences because of corruption.
Finally, lithium explorer AVZ Minerals has left shareholders trapped in the suspended $2.6 billion stock for nearly 11 months, after it failed to obtain a mining license from the government of neighbouring country Democratic Republic of Congo (DRC).
AVZ conceded in May that it faced legal challenges in the DRC over ownership of the Manono lithium project and shareholders were warned that ongoing litigation may not conclude until September 2024.
Shares in Atlantic Lithium are down 26 per cent since Blue Orca’s corruption allegations, with Atlantic’s offtake partner – ASX-listed Piedmont Lithium – losing 6 per cent in line with sector weakness.
‘‘Transparency International’s research on corruption risks in the awarding of licenses in Ghana specifically showed the need for greater transparency and stronger procedures for the prevention and management of conflict of interest, involving public officials and politicians in mining license application,’’ said Mr Moore.
The chief executive of the not-for-profit organisation, which works internationally to strengthen responsible business conduct in mining and environmental protection, added the DRC presented significant corruption risks.
‘‘The country scores just 20/100 of Transparency International’s global Corruption Perceptions Index, has increasing numbers of Chinese mining companies and has the world’s largest reserves of cobalt which is in high demand,’’ he said.
Given Terry Bates piece is a paid advertorial, I find the last para interesting:Sorry.....
I know it sounds counter intuitive but I don't believe this bloke any more than I believe Tommy fuk'n Richardhead from the AFR
So much BS flying around all I want is details and official announcements from AVZ Management
I know I keep banging on but FFS ....what else can you actually rely upon????
View attachment 32860
View attachment 32859
I saw that too, next week will be interesting.Given Terry Bates piece is a paid advertorial, I find the last para interesting:
“Management expects to complete its sale of 24 per cent of the project to Suzhou CATH Energy Technologies for US$240 (AU$356.2) million on March 31.”
Any paid advertorial is essentially written (or at least proof read and approved) by the client (AVZ)…
So Managment basically released a statement saying they expect the CATH deal to drop in 7 days time…
Not getting my hopes up, but this with the portal update for 13359 might suggest that the ML is about to be granted given all tbe favourable technical opinions have already been granted etc…
Here’s hoping.
Last ditch attempt by Cominiere to partner with Zijin not AVZ? I think it might be too late for them
#ManonoLithium
#Kibeya sings the anthem of #Zijin?
Invited to talk about COMINIERE and DATHCOM, the CEO advocates #ZIJIN and China against @AvzMinerals and Australia.
US$33 million, the @IgfRdc is lying?
The fault of the behaviour of!
@Presidence_RDC
Last ditch attempt by Cominiere to partner with Zijin not AVZ? I think it might be too late for them
#ManonoLithium
#Kibeya sings the anthem of #Zijin?
Invited to talk about COMINIERE and DATHCOM, the CEO advocates #ZIJIN and China against @AvzMinerals and Australia.
US$33 million, the @IgfRdc is lying?
The fault of the behaviour of!
@Presidence_RDC
I think the key words are 'expects to complete.' They also expected the ML before Xmas .AVZ unveils monster lithium hit from Congo drilling
Terry BatesSPONSORED
Thu, 23 March 2023 3:39PM
Diamond drilling for lithium in the DRC for AVZ Minerals. Credit: File
AVZ Minerals has unveiled a monster lithium hit, with credible tin additions, from a five-hole drilling campaign at its Manono project in the Congo.
The company’s campaign at its Roche Dure North-East Extension within the project yielded headline results including 308m at 1.53 per cent lithium oxide and 731ppm tin from 22.5m, with another 176.3m grading 1.67 per cent lithium oxide and 898ppm tin from 23.7m.
The results also featured 105 separate 2m drill intersections from the five holes which returned assays greater than the magical 2 per cent lithium oxide and up to a tantalising peak of 3.55 per cent.
The Manono project has JORC resources of 401 million tonnes at a grade of 1.65 per cent lithium oxide and is believed to be the world’s biggest and highest-grade undeveloped hard rock lithium project.
Assay results from the five drillholes were the fourth consignment received from a total program of 54 resource extension drillholes. AVZ said the results confirmed further widespread high-grade spodumene lithium mineralisation, including a thicker high-grade zone of 72m at 2.07 per cent lithium oxide from 203m.
Massive lithium intersection for AVZ. Credit: File/Supplied
Johannesburg-based geotechnical engineering consultancy Middindi has also completed specialist logging of eight drillholes for possible expansion of the open pit redesign.
AVZ says recent drilling located areas of late-stage alteration of the pegmatite with the associated typical lower lithium values. These zones are balanced with significant thicknesses of lithium mineralisation with grades above 2 per cent elsewhere in the ore body.
AVZ completed its weighty 8500-page definitive feasibility study for the Manono project in April, 2020. Management expects to complete its sale of 24 per cent of the project to Suzhou CATH Energy Technologies for US$240 (AU$356.2) million on March 31.
AVZ says it still owns 75 per cent of the legal title at the Manono Project.
Yes I saw that, however reading it's contents, noting what it's saying, and the things it is NOT saying.
Yep, just a puff piece for ZijinYes I saw that, however reading it's contents, noting what it's saying, and the things it is NOT saying.
I believe it's just a propaganda piece from Zijin.
So I wouldnt believe anything.
To be honest with you though, at this stage, if we got the ML with Zijin in, although disapointing, I wouldnt give a fuck I just want to progress and access my fucking money.
Yep, just a puff piece for Zijin