Azure Minerals confirms major lithium mineralised system at Andover’s TA3
Proactive Investors
Published Jan 15, 2024 11:57
Updated Jan 15, 2024 12:31
Azure Minerals confirms major lithium mineralised system at Andover’s TA3
Azure Minerals Ltd (ASX:AZS, OTC:AZRMF) has confirmed the presence of a major lithium mineralised system during diamond drilling at Target (NYSE:TGT) Area 3 (TA3) within the Andover Lithium Project in Western Australia.
Assays and visual observations of spodumene mineralisation in the drill core from Target TA3 demonstrate substantial lithium mineralisation in the AP0002/AP0003/AP0004 pegmatite, highlighting:
- a cumulative strike length of 1,700 metres;
- more than 700 metres of down-dip extent; and
- a consistent true width (TW) averaging 35 metres
Two diamond rigs have resumed drilling at TA3 to continue delineating mineralised extensions of the AP0002/AP0003/AP0004 pegmatite, with resource definition drilling expected to be completed by late April.
Six diamond rigs are also operating at TA1 to complete resource definition drilling of AP0011 pegmatite by late February and will then be relocated to TA3.
Drill highlights
Consistent lithium mineralisation is now confirmed by assays over a cumulative strike length of 1,300 metres and over 450 metres of down-dip extent, with highlights including:
- 90.8 metres at 1.54% lithium from 82.5 metres;
- 58.6 metres at 1.57% from 57.7 metres including, 15.9 metres at 2.31% from 92.9 metres; and
- 51.6 metres at 1.04% from 255.1 metres.
Assay results confirm mineralised intersections correlate very strongly with previously reported widths of visual spodumene
Pegmatites at TA3 remain open at depth and along strike to the northeast and southwest.
Andover Lithium Project showing pegmatite outcrops highlighting Target Area 3.
Forward plan
Drilling at the Andover Project resumed this week following a short break over the Christmas-New Year season with six diamond rigs completing infill resource definition drilling on Target Area 1.
Two diamond drill rigs are drilling at Target Area 3, focusing on expanding the known extents of the mineralisation of the AP0002/AP0003/AP0004 pegmatite both down-dip and along strike.
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