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Azure Minerals fields more broad high-grade lithium up to 112.4 metres at 1.05% at Andover

Published 20/06/2023, 11:28 am
© Reuters.  Azure Minerals fields more broad high-grade lithium up to 112.4 metres at 1.05% at Andover

Azure Minerals Ltd (ASX:AZS, OTC:AZRMF) continues to intersect broad high-grade lithium, including 112.4 metres at 1.05%, at its Andover Project in Western Australia, highlighting the project's potential "world-class" scale.

Standout broad mineralised intersections include:

  • 112.4 metres at 1.05% lithium from 263.3 metres, including 30.3 metres at 1.18% from 263.3 metres, and
  • 52.5 metres at 1.36% from 14.1 metres, including 28.3 metres at 1.83% from 14.8 metres.
The company’s diamond drilling program has confirmed that lithium mineralisation extends from the pegmatite outcrops down-dip for more than 350 metres.

Moving forward, Azure expects to have a total of five to six drill rigs operating on-site to ensure rapid testing and delineation of potential lithium resources.

Broad widths and high-grades

Azure managing director Tony Rovira said: “As our drill holes step out to the west, we’re encountering very broad widths of mineralised pegmatites containing high grades of lithium.

“It’s also pleasing that these latest assay results correlate closely with the presence of spodumene, supporting the company’s exploration model and allowing us to accurately plan and execute our drilling in advance of receiving assays.

“Given the substantial widths and strike lengths of individual pegmatites and the overall scale of the Andover pegmatite swarm with hundreds of outcropping pegmatites, we’re confident that our project has the potential to host lithium resources of world-class scale.”

Drill program

To date, 25 diamond core holes have been completed across 9,063 metres and 15 RC holes across 2,686 metres.

Presently, diamond drilling and RC drilling are focused on testing the AP0009, AP0010 and AP0011 pegmatites to the west with sequential step-outs on 200-metre spaced sections.

Laboratory turnaround times have now been reduced to about three weeks and further assay results are expected to be received frequently.

Read more on Proactive Investors AU

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