Manono Project Mineral Resource increases 47% to
842Mt as Roche Dure tonnages expanded
Highlights
▪ Mineral Resource delineation drilling at Roche Dure adds a further 268 million
tonnes (Mt) to the Manono Lithium and Tin Project (Manono Project).
▪ Mineral Resource update reinforces AVZ’s 75% owned Manono Project, one of
the world’s largest hard rock lithium projects.
▪ Completion of Mineral Resource estimates following on the Early Works 2022
– 2023 53-hole diamond drilling programme for some 15,684.7m, generates
the following:
- A 47% increase in the Manono Project’s (Roche Dure and Carriere de
l’Este) Measured, Indicated and Inferred Mineral Resource tonnage to
842Mt grading 1.61% Li2O, 709ppm Sn and 37ppm Ta containing 13.52Mt
of lithium oxide.
- A 67% increase in the Roche Dure Measured, Indicated and Inferred
Mineral Resource tonnage to 669Mt grading 1.61% Li2O, 690ppm Sn and
33ppm Ta containing 10.79Mt of lithium oxide.
- An 82% increase in the Roche Dure Measured & Indicated Resource to
500Mt at 1.63% Li2O, 755ppm Sn and 34ppm Ta containing 8.14Mt of
lithium oxide and 377kt of tin.
- An increased confidence level, with 75% of the Roche Dure Mineral
Resource now classified as Measured & Indicated.
▪ In addition to Sn, Ta and Li2O, CSA Global estimated Fe2O3, a potentially
deleterious element, at an average of 1.01% Fe2O3 for the Project.
▪ The Manono Project Mineral Resource includes all results from the FY23, 53-
hole Early Works drilling programme added to the recently reported Carrier de
l’Este Mineral Resource estimate1.
▪ The higher confidence tonnages are expected to increase the potential life of
mine as will expected decreasing waste to ore stripping ratios resulting from
the significant flattening of the deposit in the northern 500 metres of the newly
completed geological model.
1 Refer ASX announcement dated 18 December 2023 “
