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- Azure Minerals (AZS) announces a maiden exploration target of 100-240Mt grading between 1-1.5% lithium oxide at its Andover lithium project, WA
- The company completes 40 DD holes for 13,765 metres and drills 83 RC holes over 16,369 metres to test priority target areas one through three
- AZS receives the results of 2747 RC holes and receives density measurements for 2157 DD drill cores
- The defined target areas form a subset of the Andover pegmatite swarm which extends over nine kilometres east-west, and up to five kilometres north-south
- AZS shares closed up 1.13 per cent, trading at $2.69 at market close
Azure Minerals (AZS) has announced a maiden exploration target at its Andover Lithium project in Western Australia.
The estimated range of potential mineralisation is officially 100-240 million tonnes, grading at 1-1.5 per cent lithium oxide.
The company completed 40 diamond drill holes for 13,765 metres and drilled 83 reverse circulation (RC) holes over 16,369 metres to test priority target areas one through three.
These targets underwent previous geology and mineralisation interpretation, and all data has been collated together since AZS announced its drilling campaign.
The campaign is still currently underway, with drilling continuing to test within and along strike of these target areas.
The defined target areas form a subset of the Andover pegmatite swarm, extending over nine kilometres east-west, and up to five kilometres north-south.
The Exploration Target does not include prospective geology and targets identified by Azure outside of its three target areas, and these areas carry the potential to further increase the company’s overall lithium endowment at Andover.
AZS shares closed up 1.13 per cent, trading at $2.69 at market close.
