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Frank

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AVZ Minerals confirms high-grade lithium body extends beyond pit design at Manono’s Roche Dure​

09:09 Tue 01 Nov 2022
Phoebe Shields
ViewAVZ Minerals Ltd
ASX:AVZ
AVZ Minerals Ltd - AVZ Minerals confirms high-grade lithium body extends beyond pit design at Manono’s Roche Dure

Close up visible spodumene from MO22DD001 at 64.9 metres downhole.
AVZ Minerals Ltd (ASX:AVZ)’s latest round of drilling has revealed high continuity of lithium mineralisation at the Roche Dure prospect of the flagship Manono Lithium and Tin Project, with the first four of 46 planned holes demonstrating widespread, high-tenor lithium mineralisation outside the current pit design.
Best assays from these early results include 226.8 metres at 1.67% lithium and 307 parts per million (ppm) tin and 226.8 metres at 1.67% lithium, demonstrating the size and tenor of the orebody at Roche Dure.
AVZ collected samples from 16 completed holes. 75 returned lithium values grading higher than 2%, and three individual samples graded higher than 3% lithium, the highest being an intersection from 122 to 124 metres downhole grading 3.59% lithium.

Mineralisation increases in grade down-dip​

“The first 4 holes drilled at Roche Dure, as part of AVZ’s commitment to the Early Works Program this year, are of the same lithium grade, tenor and intersection widths as previously encountered,” AVZ Minerals managing director Nigel Ferguson said.
“Whilst only 4 holes have been reported, samples up to hole MO22DD016 out of the 23 holes completed to date have been dispatched from site and these pending results will be reported soon.”
Locations%20of%20drillholes%20MO22DD001%20to%20MO22DD004.JPG

Locations of drillholes MO22DD001 to MO22DD004
“Of potentially significant interest is the reinterpretation of the Roche Dure orebody from about Section 8,200mN onwards which is well beyond the most northerly edge of the current pit design,” Ferguson continued.
“Hole MO22DD003 shows strong mineralisation with higher grade intercepts downhole but the lower dip of the orebody here, interpreted from both the reported hole and the lithological logging of new holes drilled nearby, is significant in that higher tonnages per section and vertical metre may be generated because of the lower angle of dip of the orebody moving north.
Intersections%20achieved%20by%20MO22DD003%20drilled%20on%20section%208%2C200mN.JPG

Intersections achieved by MO22DD003 drilled on section 8,200mN
“Further work is required in these areas, but this is an encouraging and unexpected development.”





Tesla kicks off EV expansion at Gigafactory Berlin-Bradenburg

Tesla started its European growth plans at Gigafactory Berlin-Bradenburg in Grünheide, Germany last Friday after reports confirmed the automaker had begun clearing trees in Germany to facilitate expansion plans for electric vehicle production.

According to Bloomberg, in the past Tesla had revealed intentions to expand the factory by around 100 hectares to add a freight yard and warehouse to bolster the site’s rail links and stockpile parts.

It is believed the automaker is working on another application to increase its storage and logistics capacity.

The first 30 Model Y’s built at the factory were handed over to customers in March after months of bureaucratic setbacks, Bloomberg says.

Tesla held talks over buying stake in Glencore – report

Electric vehicles giant Tesla considered taking a stake in Glencore and held talks with the miner and commodities trader, the Financial Timesreported.

Citing unnamed sources familiar with the matter, FT said Tesla discussed buying 10% to 20% of Glencore last year and continued negotiations in March this year, when the Swiss firm’s chief executive Gary Nagle visited the carmaker’s factory in Fremont, California.

Talks concluded without an agreement due to Tesla’s concerns about Glencore’s coal mining business and its impact on the environment, the two sources told FT.

Tesla has spent the past year signing pacts with several producers of battery metals in an effort to secure future supply of key ingredients for its electric batteries, such as lithium, cobalt and nickel.

The two companies already have a deal in place, which guarantees Tesla cobalt supply for its plants in China and Germany.

Glencore is the world’s top producer of cobalt through its mines in the Democratic Republic of Congo, Australia and Canada.

Since Musk’s pledge to miners, his company has inked nickel supply deals with the world’s largest miner, BHP, in Australia and Vale, the world’s second largest nickel miner.

It has also reached agreements with Prony Resources in New Caledonia and with Talon Metals for its Tamarack nickel project in Minnesota.

Lithium worries

Musk tweeted in April about his concerns over lithium costs. “Tesla might actually have to get into the mining and refining directly at scale, unless costs improve,” he said.

The new owner of Twitter followed up by saying that Tesla was open to buying a mining company if producing its own supply of electric vehicle (EV) metals would speed up worldwide adoption of clean energy technologies.

Since then, the company has been advancing plans to build its own lithium hydroxide refinery in Texas, as Musk considers refining ore a “licence to print money”.


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Spikerama

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"I can't share an avalanche"

View attachment 20907

Oh blow my fucking pospsicle

Seriously

You coudn't share a fucking sand sandwich in a desert

You provide zero to the conversation

Absolutely zero....except innuendo, falsehoods, division, inflammation, doubt, anxiety and personal self interest (Mods take note)

These are not contributions with legitimate simple questions, rigorous and interested debate, decent robust ideas and certainly not open, altruistic, well-meaning, community spirited posts

There is no actual provision of documented information from which others could augment decision making or pursue further follow up

Nothing.......nothing

You cannot even answer the simplest of basic non-threatening, personally unobtrusive questions I have put to you on numerous occassions on the forum

If we cast decent, open, modern, community minded investing forums in old, traditional biblical terms it seems unfortunately we may have actually encounterd the Anti Geist....:rolleyes:

That's it. I'm changing my name to Anti Geist.

Anti Geist for the win.
 
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John25

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TDITD

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:sick:🤮

 
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Bin59

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Roon

Regular
Frustrating to see AJN able to push forward with licences despite their issues whilst we languish in the doldrums. I'm sorry I wasn't able to attend the Perth RS being overseas at the time, as it sounds like a few interesting snippets were shared there, but the crowd response appears to have been largely positive and im sure more info will come out following the upcoming meetings.

Let's hope in the meantime we can put aside the machinations of Cong and Zijin and Co, and gain some concrete progress on the ML in coming weeks or months. I have my fingers and toes crossed, that we can work through the current challenges - although I do hold doubts as to the CAMI DG being on the way out. He's weathered multiple storms, but hey we can only wait and see.

As mentioned I don't really agree with the silencing of critical voices, however clearly the nature of several specific posters was causing turbulence here and the tribe has spoken - I'll live with it.

I look forward to a conducive environment here for the sharing of information between us - we are all on one side, after all. Thanks for making me welcome so far.
 
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Screenshot_20221102_080854_DuckDuckGo.jpg


Good One Reaction GIF
 
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Bin59

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For some reason I can’t get back into the site, @Sammy_da_Smile can you check to see if the other new boxes are CEMIC as well please?
 
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For some reason I can’t get back into the site, @Sammy_da_Smile can you check to see if the other new boxes are CEMIC as well please?
Hey mate, all the boxes are CEMIC, except one below:

Screenshot_20221102_082004_DuckDuckGo.jpg
 
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Bin59

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Bin59

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Bin59

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This is very interesting if you read the article:


Another research permit??

View attachment 20946
Would be interesting to know who’s signing all of this off on behalf of the State - probably the corrupt DG of CAMI, rushing it through 🤔
 
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Bray

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AJN gets rushed through, AJN offers AVZ $5 T/O price..
 
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Would be interesting to know who’s signing all of this off on behalf of the State - probably the corrupt DG of CAMI, rushing it through 🤔

Looks like new mining codes and joint ventures have been added if you go to the following link:

 
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Xerof

Flaming 1967
Would be interesting to know who’s signing all of this off on behalf of the State - probably the corrupt DG of CAMI, rushing it through 🤔

It was announced months ago, under the auspices of the MofMines, when AJN and the state cosied up with an MOU

Would one of the attendees at Mondays roadshow like to clarify exactly what Nigel said about 13359. Nothing was said in the slides. This news is clearly out of left field for shareholders (only some perhaps), and in direct contradiction of what AVZ have constantly announced as the reason for suspension

@Bin59 if you read AJN's full announcement, according to that, the State has authorised the Cadastre to issue the licences.

Just love this bit:
"The second part is aimed at satisfying the State's objective of creating a supply chain of minerals to support the electric vehicle sector. The State has therefore agreed to support the granting of a lithium licence, which covers part of the Manono pegmatite, to Congo Ressources SAU. Additional coordination measures will be undertaken by the State in the coming weeks to ensure the smooth granting of the lithium licence."

FFS
 
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