asx announcement spectacular drill results confirm … · cd18dd005 67.00 68.00 peg 21366 2.92 456...

SPECTACULAR DRILL RESULTS CONFIRM VERY HIGH LITHIUM ASSAY RESULTS GREATER THAN 4% Li2O AT

CARRIERE DE L’ESTE PROSPECT

Highlights

o Results from the final 2 of 6 reconnaissance drill holes at the Carriere de l’Este prospect confirms further widespread, high-grade spodumene lithium mineralisation including 68.0m* @ 2.0% Li2O & 858ppm Sn in hole CD18DD006.

o 90 samples returned values greater than 2% including 5 individual samples grading greater than 4% Li2O with the highest value being from hole CD18DD006 from 181 to 182 metres downhole grading 4.65% Li2O.

o The latest drill holes demonstrate grade continuity both down-dip and along strike at Carriere de l’Este with both holes starting in soil cover again confirming “blind” pegmatite in previously unknown strike extents of the main deposit.

o Results confirm continuity of the Carriere de l’Este pegmatite under alluvial cover and shallow dipping high grade intersections present within wider zones of well mineralised spodumene pegmatite.

o High grade mineralisation from Carriere de l’Este has the potential for future blending with existing Roche Dure mineralisation to possibly reduce payback periods.

o The Definitive Feasibility Study continues to be advanced. AVZ’s Managing Director Mr Nigel Ferguson commented: “These last 2 holes drilled at Carriere de l’Este are of the same lithium grade tenor and intersection widths as those reported on previously – (19th February 2019). Both holes 5 and 6 have drilled through high grade zones averaging over 2% Li2O, mineralisation which was also seen on holes spaced 200 metres along strike. Hole 5 for example generated 56 by 1 metre assays greater than 2% Li2O with a maximum value in one sample of 3.97% from 166 to 167 metres deep. Hole 6 was comparable with 97 samples returning values greater than 2% including 5 individual samples grading greater than 4% Li2O which equates to each of the 5 samples containing in excess of 50% spodumene. The highest value from hole 6 was from 181 to 182 metres downhole and reported 4.65% Li2O (Figures 1 and 2).

Carriere de l’Este is unlike Roche Dure in that it has higher grade zones within well mineralised pegmatite suggesting a more classical zonation model for this large pegmatite. Depending on future drilling, this may open up possibilities for high grade blending with Roche Dure mineralisation to shorten pay back periods and is definitely worth considering as we move through the mining study phase currently underway.”

ASX ANNOUNCEMENT

5 March 2019

AVZ Minerals Limited Level 2, Suite 9

389 Oxford Street

Mt Hawthorn, WA 6016

Australia

T: + 61 8 6117 9397

F: + 61 8 6117 9330

E: [email protected]

W: www.avzminerals.com

ABN 81 125 176 703

Directors

Managing Director: Nigel Ferguson

Technical Director: Graeme Johnston

Non-Executive Director: Rhett Brans

Non-Executive Director: Hongliang Chen

Non-Executive Director: Guy Loando

Market Cap

$98 M

ASX Code: AVZ

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AVZ Minerals Limited (ASX: AVZ) is pleased to report it has received further strong results from its Mineral Resource drilling at the Manono Lithium and Tin Project in the Democratic Republic of Congo. It has received results from the last 2 diamond drill holes at Carrier de l’Este.

Results from the 2 holes are detailed in the table below and Figures 1 and 2 show the diamond drill core from hole CD18DD006, 181 to 182 metres downhole (sample 21822 assayed 4.65% Li2O) with abundant white lathes of coarse spodumene.

Figure 1: CD18DD006. 181 – 182m 4.65% contained Li2O

Figure 2: Close up of core from 181 to 182 metres. Very coarse spodumene throughout

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Intersections of the Roche Dure Pegmatite

Hole I.D. Section From To Length Li2O

% Sn

ppm Remarks

CD18DD005 21500mN

10.8m 19.8m 9.00m 1.05 1294 with 0.55m of core loss

26.43m 39.58m 13.15m 1.61 778 Including 26.43m-31.00m; 4.57m @ 2.04% Li2O and 804ppm Sn


97.80m 194.36m 96.56m 1.43 695 Including 110.00m-132.00m; 22.00m @2.03% Li2O and 687ppm Sn

199.58m 209.16m 9.58m 0.98 825

228.69m 287.37m 58.68m 0.36 283

289.70m 303.86m 14.16m 0.21 185 With 4.21m of internal waste

316.52m 324.00m 7.48m 0.01 64 With 1.89m of internal waste

339.00m 346.00m 7.00m 0.01 60

CD18DD006 21700mN

17.45m 140.63m 123.18m 1.89 713

with 1.00m of core loss and 2.27m of internal waste. Including 35.08m-77.00m; 41.92m @ 2.01% Li2O and 858ppm Sn with 0.70m of internal waste; Including 83.00m-120.00m; 37.00m @ 2.01% Li2O and 923ppm Sn


170.95m 266.89m 95.94m 1.74 747

with 4.42m of internal waste. Including 175m-243m; 68.00m @ 2.00% Li2O and 862ppm Sn with 1.42m of internal waste

272.57m 284.20m 11.63m 1.79 794

300.14m 307.58m 7.44m 0.42 676

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Figure 3: Locations of drillholes CD18DD005 and CD18DD006

Figure 4: Intersections achieved by CDL18DD005 on section 21500mN

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Figure 5: Intersections achieved by CDL18DD006 drilled on section 21700mN

For further information, visit www.avzminerals.com.au or contact: Mr. Leonard Math Media Enquiries: Company Secretary Mr. Luke Forrestal AVZ Minerals Limited Media + Capital Partners Phone: +61 8 6117 9397 Phone: +61 411 479 144 Email: [email protected] Competent Person’s Statement The information in this report that relates to geology and the exploration results is based on information compiled by Mr. Michael Cronwright, a Competent Person whom is a fellow of The Geological Society of South Africa and Pr. Sci. Nat. (Geological Sciences) registered with the South African Council for Natural Professions. Mr. Cronwright is a full-time employee of The MSA Group Pty Ltd. Mr Cronwright has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr. Cronwright consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

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Appendix 1 Collar Table for holes CD18DD005 and CD18DD006

Drill Hole_ID Drilling Method

Section Line Easting (mE)

Northing (mN) Elevation (m) Datum Zone

Dip (degrees)

Azimuth (mag

degrees) EOH (m)

CD18DD005 DDH 21500 547732.9 9193648.9 606.1 WGS84 35S -70 310 369.3

CD18DD006 DDH 21700 547953.4 9193705.7 606.9 WGS84 35S -70 310 350.7

Appendix 2 Down-hole Survey Table CD18DD005 and CD18DD006

Hole_ID Depth

(m) Inclination

(deg) Azimuth

(deg)

CD18DD005 0 -70 310

CD18DD005 39 -70 309

CD18DD005 69 -69 311

CD18DD005 99 -69 312

CD18DD005 129 -68 313

CD18DD005 159 -67 314

CD18DD005 189 -66 314

CD18DD005 219 -66 315

CD18DD005 249 -65 315

CD18DD005 279 -64 316

CD18DD005 309 -62 317

CD18DD005 339 -61 317

CD18DD005 369 -61 317

CD18DD006 0 -70 310

CD18DD006 20 -70 310

CD18DD006 50 -70 310

CD18DD006 80 -70 311

CD18DD006 110 -70 312

CD18DD006 140 -70 312

CD18DD006 170 -70 312

CD18DD006 200 -70 311

CD18DD006 230 -70 311

CD18DD006 260 -69 312

CD18DD006 290 -69 311

CD18DD006 320 -69 311

CD18DD006 350 -69 310

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Appendix 3 Assay Results for holes CD18DD005 and CD18DD006

Drill Hole ID

From (m) To (m) Lithology

DH Samp ID Li2O (%) Sn (ppm)

CD18DD005 0.00 10.80 Soil NS_CD5

CD18DD005 10.80 12.00 Peg 21311 0.19 2060

CD18DD005 12.00 13.00 Peg 21312 0.51 513

CD18DD005 13.00 14.00 Peg 21313 2.29 642

CD18DD005 14.00 14.25 LC NS_CD5_1

CD18DD005 14.25 15.00 Peg 21314 2.56 306

CD18DD005 15.00 16.00 Peg 21315 1.58 1160

CD18DD005 16.00 16.30 LC NS_CD5_2

CD18DD005 16.30 17.00 Peg 21316 1.44 207

CD18DD005 17.00 18.00 Peg 21317 1.23 2640

CD18DD005 18.00 19.00 Peg 21318 0.09 1175

CD18DD005 19.00 19.80 Peg 21319 0.05 2450

CD18DD005 19.80 21.00 Dol 21321 0.38 16

CD18DD005 21.00 25.43 Dol NS_CD5_3

CD18DD005 25.43 26.43 Dol 21322 0.82 186

CD18DD005 26.43 27.00 Peg 21323 1.43 766

CD18DD005 27.00 28.00 Peg 21324 1.71 660

CD18DD005 28.00 29.00 Peg 21326 2.46 1020

CD18DD005 29.00 30.00 Peg 21327 2.17 1195

CD18DD005 30.00 31.00 Peg 21328 2.16 364

CD18DD005 31.00 32.00 Peg 21329 1.45 1350

CD18DD005 32.00 33.00 Peg 21330 1.47 1160

CD18DD005 33.00 34.00 Peg 21331 0.87 864

CD18DD005 34.00 35.00 Peg 21332 1.26 860

CD18DD005 35.00 36.00 Peg 21333 3.09 842

CD18DD005 36.00 37.00 Peg 21334 1.40 149

CD18DD005 37.00 38.00 Peg 21336 0.65 126

CD18DD005 38.00 39.00 Peg 21337 1.40 1040

CD18DD005 39.00 39.58 Peg 21338 0.43 280

CD18DD005 39.58 40.58 Dol 21339 0.32 27

CD18DD005 40.58 45.36 Dol NS_CD5_4

CD18DD005 45.36 46.36 Dol 21341 0.31 35

CD18DD005 46.36 47.00 Peg 21342 0.95 687

CD18DD005 47.00 48.00 Peg 21343 2.50 351

CD18DD005 48.00 49.00 Peg 21344 3.68 380

CD18DD005 49.00 50.00 Peg 21346 2.00 331

CD18DD005 50.00 51.00 Peg 21347 2.65 312

CD18DD005 51.00 52.00 Peg 21348 2.87 265

CD18DD005 52.00 53.00 Peg 21349 2.41 207

CD18DD005 53.00 54.00 Peg 21350 0.92 192

CD18DD005 54.00 55.00 Peg 21351 0.59 180

CD18DD005 55.00 56.00 Peg 21352 0.26 137

CD18DD005 56.00 57.00 Peg 21353 0.89 173

CD18DD005 57.00 58.00 Peg 21354 0.84 204

CD18DD005 58.00 59.00 Peg 21355 0.53 194

CD18DD005 59.00 60.00 Peg 21356 0.11 143

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CD18DD005 60.00 61.00 Peg 21357 0.16 202

CD18DD005 61.00 62.00 Peg 21358 2.38 993

CD18DD005 62.00 63.00 Peg 21359 2.90 1065

CD18DD005 63.00 64.00 Peg 21361 2.30 610

CD18DD005 64.00 65.00 Peg 21362 1.53 993

CD18DD005 65.00 66.00 Peg 21363 1.65 854

CD18DD005 66.00 67.00 Peg 21364 2.01 1050

CD18DD005 67.00 68.00 Peg 21366 2.92 456

CD18DD005 68.00 69.00 Peg 21367 2.25 229

CD18DD005 69.00 70.00 Peg 21368 1.61 816

CD18DD005 70.00 71.00 Peg 21369 2.07 1435

CD18DD005 71.00 72.00 Peg 21370 3.44 1015

CD18DD005 72.00 73.00 Peg 21371 0.94 752

CD18DD005 73.00 74.00 Peg 21372 3.50 920

CD18DD005 74.00 75.00 Peg 21373 0.58 477

CD18DD005 75.00 76.00 Peg 21374 2.21 386

CD18DD005 76.00 77.00 Peg 21376 1.41 271

CD18DD005 77.00 78.00 Peg 21377 1.78 562

CD18DD005 78.00 79.00 Peg 21378 0.68 2100

CD18DD005 79.00 80.00 Peg 21379 1.26 2920

CD18DD005 80.00 81.00 Peg 21381 1.18 585

CD18DD005 81.00 82.00 Peg 21382 1.69 284

CD18DD005 82.00 83.00 Peg 21383 1.98 554

CD18DD005 83.00 84.00 Peg 21384 2.45 214

CD18DD005 84.00 85.00 Peg 21386 2.08 780

CD18DD005 85.00 86.00 Peg 21387 1.60 629

CD18DD005 86.00 87.00 Peg 21388 2.55 216

CD18DD005 87.00 88.00 Peg 21389 3.07 173

CD18DD005 88.00 89.00 Peg 21390 1.29 160

CD18DD005 89.00 90.00 Peg 21391 0.74 61

CD18DD005 90.00 91.00 Peg 21392 0.83 131

CD18DD005 91.00 92.06 Peg 21393 0.59 2020

CD18DD005 92.06 93.06 Dol 21394 0.43 61

CD18DD005 93.06 96.80 Dol NS_CD5_5

CD18DD005 96.80 97.80 Dol 21395 0.36 115

CD18DD005 97.80 99.00 Peg 21396 2.71 663

CD18DD005 99.00 100.00 Peg 21397 2.36 1500

CD18DD005 100.00 101.00 Peg 21398 1.49 721

CD18DD005 101.00 102.00 Peg 21399 0.54 533

CD18DD005 102.00 103.00 Peg 21401 0.62 333

CD18DD005 103.00 104.00 Peg 21402 1.13 949

CD18DD005 104.00 105.00 Peg 21403 1.75 1010

CD18DD005 105.00 106.00 Peg 21404 1.96 2600

CD18DD005 106.00 107.00 Peg 21406 1.70 220

CD18DD005 107.00 108.00 Peg 21407 0.17 492

CD18DD005 108.00 109.00 Peg 21408 0.40 193

CD18DD005 109.00 110.00 Peg 21409 0.16 254

CD18DD005 110.00 111.00 Peg 21410 1.67 216

CD18DD005 111.00 112.00 Peg 21411 2.31 278

CD18DD005 112.00 113.00 Peg 21412 2.02 885

CD18DD005 113.00 114.00 Peg 21413 1.91 1450

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CD18DD005 114.00 115.00 Peg 21414 0.27 1730

CD18DD005 115.00 116.00 Peg 21416 2.65 2000

CD18DD005 116.00 117.00 Peg 21417 2.61 1560

CD18DD005 117.00 118.00 Peg 21418 3.94 919

CD18DD005 118.00 119.00 Peg 21419 3.39 847

CD18DD005 119.00 120.00 Peg 21421 1.57 1000

CD18DD005 120.00 121.00 Peg 21422 0.76 793

CD18DD005 121.00 122.00 Peg 21423 1.61 567

CD18DD005 122.00 123.00 Peg 21424 2.17 330

CD18DD005 123.00 124.00 Peg 21426 2.34 504

CD18DD005 124.00 125.00 Peg 21427 2.16 237

CD18DD005 125.00 126.00 Peg 21428 2.25 209

CD18DD005 126.00 127.00 Peg 21429 2.48 276

CD18DD005 127.00 128.00 Peg 21430 1.65 202

CD18DD005 128.00 129.00 Peg 21431 2.00 207

CD18DD005 129.00 130.00 Peg 21432 1.65 200

CD18DD005 130.00 131.00 Peg 21433 2.15 322

CD18DD005 131.00 132.00 Peg 21434 1.06 383

CD18DD005 132.00 133.00 Peg 21435 1.13 208

CD18DD005 133.00 134.00 Peg 21436 1.13 299

CD18DD005 134.00 135.00 Peg 21437 0.95 393

CD18DD005 135.00 136.00 Peg 21438 0.75 571

CD18DD005 136.00 137.00 Peg 21439 0.89 967

CD18DD005 137.00 138.00 Peg 21441 0.27 613

CD18DD005 138.00 139.00 Peg 21442 0.44 647

CD18DD005 139.00 140.00 Peg 21443 1.65 1500

CD18DD005 140.00 141.00 Peg 21444 1.88 1850

CD18DD005 141.00 142.00 Peg 21446 1.44 974

CD18DD005 142.00 143.00 Peg 21447 1.05 2080

CD18DD005 143.00 144.00 Peg 21448 2.79 915

CD18DD005 144.00 145.00 Peg 21449 3.43 617

CD18DD005 145.00 146.00 Peg 21450 1.99 247

CD18DD005 146.00 147.00 Peg 21451 2.59 3550

CD18DD005 147.00 148.00 Peg 21452 0.81 188

CD18DD005 148.00 149.00 Peg 21453 1.41 224

CD18DD005 149.00 150.00 Peg 21454 2.35 658

CD18DD005 150.00 151.00 Peg 21456 0.16 283

CD18DD005 151.00 152.00 Peg 21457 0.07 307

CD18DD005 152.00 153.00 Peg 21458 0.07 146

CD18DD005 153.00 154.00 Peg 21459 0.38 195

CD18DD005 154.00 155.00 Peg 21461 1.24 442

CD18DD005 155.00 156.00 Peg 21462 0.81 586

CD18DD005 156.00 157.00 Peg 21463 0.53 127

CD18DD005 157.00 158.00 Peg 21464 0.61 132

CD18DD005 158.00 159.00 Peg 21466 0.36 114

CD18DD005 159.00 160.00 Peg 21467 0.44 191

CD18DD005 160.00 161.00 Peg 21468 0.92 234

CD18DD005 161.00 162.00 Peg 21469 2.02 391

CD18DD005 162.00 163.00 Peg 21470 2.20 273

CD18DD005 163.00 164.00 Peg 21471 1.23 304

CD18DD005 164.00 165.00 Peg 21472 2.88 287

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CD18DD005 165.00 166.00 Peg 21473 3.91 251

CD18DD005 166.00 167.00 Peg 21474 3.97 255

CD18DD005 167.00 168.00 Peg 21475 2.04 189

CD18DD005 168.00 169.00 Peg 21476 0.21 182

CD18DD005 169.00 170.00 Peg 21477 0.17 147

CD18DD005 170.00 171.00 Peg 21478 0.41 168

CD18DD005 171.00 172.00 Peg 21479 0.20 149

CD18DD005 172.00 173.00 Peg 21481 0.16 175

CD18DD005 173.00 174.00 Peg 21482 0.36 275

CD18DD005 174.00 175.00 Peg 21483 1.40 709

CD18DD005 175.00 176.00 Peg 21484 0.84 403

CD18DD005 176.00 177.00 Peg 21486 0.08 72

CD18DD005 177.00 178.00 Peg 21487 0.04 69

CD18DD005 178.00 179.00 Peg 21488 0.07 152

CD18DD005 179.00 180.00 Peg 21489 0.16 208

CD18DD005 180.00 181.00 Peg 21490 0.43 107

CD18DD005 181.00 182.00 Peg 21491 0.88 741

CD18DD005 182.00 183.00 Peg 21492 2.63 1110

CD18DD005 183.00 184.00 Peg 21493 1.69 798

CD18DD005 184.00 185.00 Peg 21494 2.52 2750

CD18DD005 185.00 186.00 Peg 21496 2.00 740

CD18DD005 186.00 187.00 Peg 21497 1.52 1790

CD18DD005 187.00 188.00 Peg 21498 1.52 1290

CD18DD005 188.00 189.00 Peg 21499 1.98 1440

CD18DD005 189.00 190.00 Peg 21501 2.50 672

CD18DD005 190.00 191.00 Peg 21502 1.49 1110

CD18DD005 191.00 192.00 Peg 21503 1.25 1840

CD18DD005 192.00 193.00 Peg 21504 1.49 1660

CD18DD005 193.00 194.36 Peg 21506 1.14 1770

CD18DD005 194.36 195.36 Dol 21507 0.44 75

CD18DD005 195.36 198.58 Dol NS_CD5_6

CD18DD005 198.58 199.58 Dol 21508 0.61 95

CD18DD005 199.58 201.00 Peg 21509 1.28 188

CD18DD005 201.00 202.00 Peg 21510 0.51 253

CD18DD005 202.00 203.00 Peg 21511 0.16 689

CD18DD005 203.00 204.00 Peg 21512 1.70 727

CD18DD005 204.00 205.00 Peg 21513 1.87 1040

CD18DD005 205.00 206.00 Peg 21514 0.11 1610

CD18DD005 206.00 207.00 Peg 21515 0.58 1860

CD18DD005 207.00 208.00 Peg 21516 1.91 1030

CD18DD005 208.00 209.16 Peg 21517 0.65 371

CD18DD005 209.16 210.16 Dol 21518 0.30 77

CD18DD005 210.16 227.69 Dol NS_CD5_7

CD18DD005 227.69 228.69 Dol 21519 0.52 139

CD18DD005 228.69 230.00 Peg 21521 2.62 1030

CD18DD005 230.00 231.00 Peg 21522 1.10 294

CD18DD005 231.00 232.00 Peg 21523 0.37 366

CD18DD005 232.00 233.00 Peg 21524 0.15 210

CD18DD005 233.00 234.00 Peg 21526 0.47 378

CD18DD005 234.00 235.00 Peg 21527 0.44 415

CD18DD005 235.00 236.00 Peg 21528 0.34 359

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CD18DD005 236.00 237.00 Peg 21529 0.31 434

CD18DD005 237.00 238.00 Peg 21530 0.46 476

CD18DD005 238.00 239.00 Peg 21531 0.45 152

CD18DD005 239.00 240.00 Peg 21532 0.59 279

CD18DD005 240.00 241.00 Peg 21533 0.88 406

CD18DD005 241.00 242.00 Peg 21534 0.78 421

CD18DD005 242.00 243.00 Peg 21536 0.50 408

CD18DD005 243.00 244.00 Peg 21537 0.86 311

CD18DD005 244.00 245.00 Peg 21538 0.61 492

CD18DD005 245.00 246.00 Peg 21539 0.66 830

CD18DD005 246.00 247.00 Peg 21541 0.24 429

CD18DD005 247.00 248.00 Peg 21542 0.13 147

CD18DD005 248.00 249.00 Peg 21543 0.12 144

CD18DD005 249.00 250.00 Peg 21544 0.11 137

CD18DD005 250.00 251.00 Peg 21546 0.10 164

CD18DD005 251.00 252.00 Peg 21547 0.13 115

CD18DD005 252.00 253.00 Peg 21548 0.26 269

CD18DD005 253.00 254.00 Peg 21549 0.07 92

CD18DD005 254.00 255.00 Peg 21550 0.11 77

CD18DD005 255.00 256.00 Peg 21551 0.09 107

CD18DD005 256.00 257.00 Peg 21552 0.06 126

CD18DD005 257.00 258.00 Peg 21553 0.07 80

CD18DD005 258.00 259.00 Peg 21554 0.08 109

CD18DD005 259.00 260.00 Peg 21555 0.11 83

CD18DD005 260.00 261.00 Peg 21556 0.06 127

CD18DD005 261.00 262.00 Peg 21557 0.12 144

CD18DD005 262.00 263.00 Peg 21558 0.17 172

CD18DD005 263.00 264.00 Peg 21559 0.27 161

CD18DD005 264.00 265.00 Peg 21561 0.17 142

CD18DD005 265.00 266.00 Peg 21562 0.37 184

CD18DD005 266.00 267.00 Peg 21563 0.05 75

CD18DD005 267.00 268.00 Peg 21564 0.03 94

CD18DD005 268.00 269.00 Peg 21566 0.03 284

CD18DD005 269.00 270.00 Peg 21567 0.03 52

CD18DD005 270.00 271.00 Peg 21568 0.03 81

CD18DD005 271.00 272.00 Peg 21569 0.02 109

CD18DD005 272.00 273.00 Peg 21570 0.05 188

CD18DD005 273.00 274.00 Peg 21571 0.10 313

CD18DD005 274.00 275.00 Peg 21572 0.05 209

CD18DD005 275.00 276.00 Peg 21573 0.07 262

CD18DD005 276.00 277.00 Peg 21574 0.03 213

CD18DD005 277.00 278.00 Peg 21576 0.20 479

CD18DD005 278.00 279.00 Peg 21577 0.48 256

CD18DD005 279.00 280.00 Peg 21578 0.42 327

CD18DD005 280.00 281.00 Peg 21579 0.75 348

CD18DD005 281.00 282.00 Peg 21581 0.64 517

CD18DD005 282.00 283.00 Peg 21582 1.19 700

CD18DD005 283.00 284.00 Peg 21583 0.78 486

CD18DD005 284.00 285.00 Peg 21584 1.02 429

CD18DD005 285.00 286.00 Peg 21586 0.04 330

CD18DD005 286.00 287.37 Peg 21587 0.02 195

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CD18DD005 287.37 288.37 Dol 21588 0.38 806

CD18DD005 288.37 289.70 Dol NS_CD5_8

CD18DD005 289.70 291.00 Peg 21589 1.36 693

CD18DD005 291.00 292.00 Peg 21590 0.05 291

CD18DD005 292.00 292.66 Peg 21591 0.03 105

CD18DD005 292.66 293.80 Dol 21592

CD18DD005 293.80 294.80 Peg 21593 0.06 130

CD18DD005 294.80 295.93 Peg 21594 0.12 147

CD18DD005 295.93 296.93 Dol 21595

CD18DD005 296.93 299.00 Dol NS_CD5_9

CD18DD005 299.00 300.00 Peg 21596 0.51 141

CD18DD005 300.00 301.00 Peg 21597 0.30 92

CD18DD005 301.00 302.00 Peg 21598 0.05 122

CD18DD005 302.00 303.00 Peg 21599 0.02 660

CD18DD005 303.00 303.86 Peg 21601 0.02 59

CD18DD005 303.86 304.86 Dol 21602 0.08 126

CD18DD005 304.86 315.52 Dol NS_CD5_A

CD18DD005 315.52 316.52 Dol 21603 0.09 218

CD18DD005 316.52 317.50 Peg 21604 0.02 161

CD18DD005 317.50 318.11 Peg 21606 0.01 55

CD18DD005 318.11 319.11 Dol 21607

CD18DD005 319.11 320.00 Dol 21608

CD18DD005 320.00 321.00 Peg 21609 0.01 52

CD18DD005 321.00 322.00 Peg 21610 0.02 33

CD18DD005 322.00 323.00 Peg 21611 0.02 85

CD18DD005 323.00 324.00 Peg 21612 0.03 118

CD18DD005 324.00 325.00 Dol 21613 0.11 266

CD18DD005 325.00 326.00 Dol 21614 0.15 211

CD18DD005 326.00 338.00 Dol NS_CD5_B

CD18DD005 338.00 339.00 HMs 21616 0.06 246

CD18DD005 339.00 340.00 Peg 21617 0.01 25

CD18DD005 340.00 341.00 Peg 21618 0.01 68

CD18DD005 341.00 342.00 Peg 21619 0.01 60

CD18DD005 342.00 343.00 Peg 21621 0.01 71

CD18DD005 343.00 344.00 Peg 21622 0.01 49

CD18DD005 344.00 345.00 Peg 21623 0.02 104

CD18DD005 345.00 346.00 Peg 21624 0.01 43

CD18DD005 346.00 347.00 HMsbq 21626 0.02 68

CD18DD005 347.00 347.83 HMsbq 21627 0.02 153

CD18DD005 347.83 348.83 HMsbq 21628 0.07 95

CD18DD005 348.83 349.83 HMsbq 21629 0.08 72

CD18DD006 0.00 15.20 PCSd NS_CD6

CD18DD006 15.20 16.20 Dol 21641 0.30 14

CD18DD006 16.20 17.20 Dol 21642 0.33 15

CD18DD006 17.20 17.45 LC NS_CD6_1

CD18DD006 17.45 18.00 Peg 21643 1.97 615

CD18DD006 18.00 19.00 Peg 21644 2.65 413

CD18DD006 19.00 20.00 Peg 21645 1.36 415

CD18DD006 20.00 21.00 Peg 21646 4.00 1110

CD18DD006 21.00 22.00 Peg 21647 2.59 318

CD18DD006 22.00 23.00 Peg 21648 3.92 289

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CD18DD006 23.00 24.00 Peg 21649 2.86 245

CD18DD006 24.00 25.00 Peg 21651 1.55 138

CD18DD006 25.00 26.00 Peg 21652 1.38 211

CD18DD006 26.00 27.00 Peg 21653 1.13 258

CD18DD006 27.00 28.00 Peg 21654 0.40 173

CD18DD006 28.00 29.00 Peg 21656 1.49 214

CD18DD006 29.00 29.81 Peg 21657 1.45 722

CD18DD006 29.81 30.38 Dol 21658

CD18DD006 30.38 31.00 Peg 21659 1.14 529

CD18DD006 31.00 32.00 Peg 21660 0.98 543

CD18DD006 32.00 33.08 Peg 21661 1.64 315

CD18DD006 33.08 34.08 Dol NS_CD6_2

CD18DD006 34.08 35.08 Dol 21662

CD18DD006 35.08 36.00 Peg 21663 2.45 1230

CD18DD006 36.00 37.00 Peg 21664 2.83 1070

CD18DD006 37.00 38.00 Peg 21666 2.85 425

CD18DD006 38.00 39.00 Peg 21667 1.63 142

CD18DD006 39.00 40.00 Peg 21668 1.35 751

CD18DD006 40.00 41.00 Peg 21669 1.50 977

CD18DD006 41.00 42.00 Peg 21671 2.29 647

CD18DD006 42.00 43.00 Peg 21672 1.76 657

CD18DD006 43.00 44.00 Peg 21673 0.95 1410

CD18DD006 44.00 44.59 Peg 21674 1.39 578

CD18DD006 44.59 45.29 Dol 21676

CD18DD006 45.29 46.00 Peg 21677 1.20 1960

CD18DD006 46.00 47.00 Peg 21678 1.48 1750

CD18DD006 47.00 48.00 Peg 21679 3.46 1520

CD18DD006 48.00 49.00 Peg 21680 2.10 3200

CD18DD006 49.00 50.00 Peg 21681 2.44 768

CD18DD006 50.00 51.00 Peg 21682 1.25 843

CD18DD006 51.00 52.00 Peg 21683 2.29 218

CD18DD006 52.00 53.00 Peg 21684 2.26 224

CD18DD006 53.00 54.00 Peg 21685 2.29 208

CD18DD006 54.00 55.00 Peg 21686 1.99 211

CD18DD006 55.00 56.00 Peg 21687 1.91 161

CD18DD006 56.00 57.00 Peg 21688 1.68 158

CD18DD006 57.00 58.00 Peg 21689 1.87 159

CD18DD006 58.00 59.00 Peg 21691 1.38 158

CD18DD006 59.00 60.00 Peg 21692 2.03 192

CD18DD006 60.00 61.00 Peg 21693 2.17 170

CD18DD006 61.00 62.00 Peg 21694 1.58 244

CD18DD006 62.00 63.00 Peg 21696 1.82 258

CD18DD006 63.00 64.00 Peg 21697 2.99 869

CD18DD006 64.00 65.00 Peg 21698 0.71 359

CD18DD006 65.00 66.00 Peg 21699 1.53 660

CD18DD006 66.00 67.00 Peg 21700 2.84 972

CD18DD006 67.00 68.00 Peg 21701 2.73 571

CD18DD006 68.00 69.00 Peg 21702 2.50 628

CD18DD006 69.00 70.00 Peg 21703 1.69 1630

CD18DD006 70.00 71.00 Peg 21704 1.55 1880

CD18DD006 71.00 72.00 Peg 21706 3.27 432

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CD18DD006 72.00 73.00 Peg 21707 2.54 445

CD18DD006 73.00 74.00 Peg 21708 1.18 1235

CD18DD006 74.00 75.00 Peg 21709 1.75 394

CD18DD006 75.00 76.00 Peg 21711 3.01 454

CD18DD006 76.00 77.00 Peg 21712 2.78 435

CD18DD006 77.00 78.00 Peg 21713 1.23 575

CD18DD006 78.00 79.00 Peg 21714 1.00 299

CD18DD006 79.00 80.00 Peg 21716 1.44 632

CD18DD006 80.00 81.00 Peg 21717 1.11 403

CD18DD006 81.00 82.00 Peg 21718 0.42 89

CD18DD006 82.00 83.00 Peg 21719 0.84 395

CD18DD006 83.00 84.00 Peg 21720 3.12 600

CD18DD006 84.00 85.00 Peg 21721 1.19 3120

CD18DD006 85.00 86.00 Peg 21722 1.46 529

CD18DD006 86.00 87.00 Peg 21723 1.93 271

CD18DD006 87.00 88.00 Peg 21724 2.23 470

CD18DD006 88.00 89.00 Peg 21725 2.54 1105

CD18DD006 89.00 90.00 Peg 21726 3.12 353

CD18DD006 90.00 91.00 Peg 21727 2.67 312

CD18DD006 91.00 92.00 Peg 21728 2.52 220

CD18DD006 92.00 93.00 Peg 21729 2.56 306

CD18DD006 93.00 94.00 Peg 21731 2.98 537

CD18DD006 94.00 95.00 Peg 21732 0.83 151

CD18DD006 95.00 96.00 Peg 21733 1.13 276

CD18DD006 96.00 97.00 Peg 21734 2.45 303

CD18DD006 97.00 98.00 Peg 21736 1.28 184

CD18DD006 98.00 99.00 Peg 21737 0.80 276

CD18DD006 99.00 100.00 Peg 21738 0.94 521

CD18DD006 100.00 101.00 Peg 21739 2.82 285

CD18DD006 101.00 102.00 Peg 21740 1.13 359

CD18DD006 102.00 103.00 Peg 21741 2.48 466

CD18DD006 103.00 104.00 Peg 21742 3.26 396

CD18DD006 104.00 105.00 Peg 21743 1.57 270

CD18DD006 105.00 106.00 Peg 21744 3.49 1150

CD18DD006 106.00 107.00 Peg 21746 3.68 468

CD18DD006 107.00 108.00 Peg 21747 3.21 278

CD18DD006 108.00 109.00 Peg 21748 2.41 320

CD18DD006 109.00 110.00 Peg 21749 0.78 371

CD18DD006 110.00 111.00 Peg 21751 1.42 314

CD18DD006 111.00 112.00 Peg 21752 1.47 870

CD18DD006 112.00 113.00 Peg 21753 1.72 305

CD18DD006 113.00 114.00 Peg 21754 1.41 309

CD18DD006 114.00 115.00 Peg 21756 1.24 431

CD18DD006 115.00 116.00 Peg 21757 2.82 445

CD18DD006 116.00 117.00 Peg 21758 2.50 381

CD18DD006 117.00 118.00 Peg 21759 1.42 706

CD18DD006 118.00 119.00 Peg 21760 0.89 178

CD18DD006 119.00 120.00 Peg 21761 0.96 355

CD18DD006 120.00 121.00 Peg 21762 1.35 253

CD18DD006 121.00 122.00 Peg 21763 0.62 571

CD18DD006 122.00 123.00 Peg 21764 1.33 522

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CD18DD006 123.00 124.00 Peg 21765 2.86 1280

CD18DD006 124.00 125.00 Peg 21766 3.05 210

CD18DD006 125.00 126.00 Peg 21767 0.99 164

CD18DD006 126.00 127.00 Peg 21768 1.99 2970

CD18DD006 127.00 128.00 Peg 21769 2.34 1100

CD18DD006 128.00 129.00 Peg 21771 2.41 2630

CD18DD006 129.00 130.00 Peg 21772 0.79 2270

CD18DD006 130.00 131.00 Peg 21773 1.85 1255

CD18DD006 131.00 132.00 Peg 21774 1.80 1390

CD18DD006 132.00 133.00 Peg 21776 1.41 1695

CD18DD006 133.00 134.00 Peg 21777 2.82 1360

CD18DD006 134.00 135.00 Peg 21778 1.77 2380

CD18DD006 135.00 136.00 Peg 21779 3.11 1000

CD18DD006 136.00 137.00 Peg 21780 2.22 2390

CD18DD006 137.00 138.00 Peg 21781 0.74 1805

CD18DD006 138.00 139.00 Peg 21782 1.03 1900

CD18DD006 139.00 140.00 Peg 21783 2.04 2350

CD18DD006 140.00 140.63 Peg 21784 0.92 1260

CD18DD006 140.63 141.63 Dol 21786 0.49 14

CD18DD006 141.63 146.67 Dol NS_CD6_3

CD18DD006 146.67 147.67 Dol 21787 0.30 18

CD18DD006 147.67 149.00 Peg 21788 0.30 467

CD18DD006 149.00 150.00 Peg 21789 0.17 88

CD18DD006 150.00 151.00 Peg 21791 0.12 422

CD18DD006 151.00 152.00 Peg 21792 1.28 934

CD18DD006 152.00 153.00 Peg 21793 1.78 678

CD18DD006 153.00 154.00 Peg 21794 1.65 1230

CD18DD006 154.00 155.00 Peg 21796 1.73 1610

CD18DD006 155.00 156.00 Peg 21797 2.58 1220

CD18DD006 156.00 157.00 Peg 21798 0.29 1430

CD18DD006 157.00 158.00 Peg 21799 0.48 338

CD18DD006 158.00 159.00 Peg 21800 1.42 708

CD18DD006 159.00 160.00 Peg 21801 2.25 899

CD18DD006 160.00 161.00 Peg 21802 2.85 1240

CD18DD006 161.00 162.00 Peg 21803 1.78 1440

CD18DD006 162.00 163.00 Peg 21804 1.55 1100

CD18DD006 163.00 164.00 Peg 21805 2.41 594

CD18DD006 164.00 165.00 Peg 21806 0.98 732

CD18DD006 165.00 165.84 Peg 21807 0.47 1940

CD18DD006 165.84 166.84 HMSst 21808 0.41 26

CD18DD006 166.84 169.95 HMSst NS_CD6_4

CD18DD006 169.95 170.95 HMSst 21809 0.60 161

CD18DD006 170.95 172.00 Peg 21811 1.15 332

CD18DD006 172.00 173.00 Peg 21812 0.81 537

CD18DD006 173.00 174.00 Peg 21813 0.14 475

CD18DD006 174.00 175.00 Peg 21814 0.77 62

CD18DD006 175.00 176.00 Peg 21816 4.12 240

CD18DD006 176.00 177.00 Peg 21817 2.50 329

CD18DD006 177.00 178.00 Peg 21818 1.40 731

CD18DD006 178.00 179.00 Peg 21819 1.45 793

CD18DD006 179.00 180.00 Peg 21820 0.99 258

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CD18DD006 180.00 181.00 Peg 21821 1.61 209

CD18DD006 181.00 182.00 Peg 21822 4.65 870

CD18DD006 182.00 183.00 Peg 21823 3.58 637

CD18DD006 183.00 184.00 Peg 21824 2.55 441

CD18DD006 184.00 185.00 Peg 21826 2.34 486

CD18DD006 185.00 186.00 Peg 21827 3.81 1130

CD18DD006 186.00 187.00 Peg 21828 2.01 883

CD18DD006 187.00 188.00 Peg 21829 2.09 748

CD18DD006 188.00 189.00 Peg 21831 2.42 1050

CD18DD006 189.00 190.00 Peg 21832 0.94 733

CD18DD006 190.00 191.00 Peg 21833 2.55 792

CD18DD006 191.00 192.00 Peg 21834 2.45 523

CD18DD006 192.00 193.00 Peg 21836 2.13 1290

CD18DD006 193.00 194.00 Peg 21837 1.66 1080

CD18DD006 194.00 195.00 Peg 21838 1.93 789

CD18DD006 195.00 196.00 Peg 21839 3.04 1170

CD18DD006 196.00 197.00 Peg 21840 2.32 1380

CD18DD006 197.00 198.00 Peg 21841 0.54 1760

CD18DD006 198.00 199.00 Peg 21842 1.09 1410

CD18DD006 199.00 200.00 Peg 21843 1.21 2110

CD18DD006 200.00 201.00 Peg 21844 3.36 805

CD18DD006 201.00 202.00 Peg 21845 3.28 855

CD18DD006 202.00 203.00 Peg 21846 4.05 733

CD18DD006 203.00 204.00 Peg 21847 2.81 435

CD18DD006 204.00 205.00 Peg 21848 2.11 459

CD18DD006 205.00 206.00 Peg 21849 0.61 1400

CD18DD006 206.00 207.00 Peg 21851 0.27 1190

CD18DD006 207.00 208.00 Peg 21852 1.28 1760

CD18DD006 208.00 209.00 Peg 21853 0.84 1090

CD18DD006 209.00 210.00 Peg 21854 1.59 791

CD18DD006 210.00 210.64 Peg 21856 0.70 313

CD18DD006 210.64 212.06 Dol 21857

CD18DD006 212.06 213.00 Peg 21858 0.81 205

CD18DD006 213.00 214.00 Peg 21859 1.18 173

CD18DD006 214.00 215.00 Peg 21860 0.38 174

CD18DD006 215.00 216.00 Peg 21861 1.17 779

CD18DD006 216.00 217.00 Peg 21862 2.69 1795

CD18DD006 217.00 218.00 Peg 21863 2.73 2010

CD18DD006 218.00 219.00 Peg 21864 1.90 408

CD18DD006 219.00 220.00 Peg 21866 2.32 164

CD18DD006 220.00 221.00 Peg 21867 1.30 1320

CD18DD006 221.00 222.00 Peg 21868 1.57 2060

CD18DD006 222.00 223.00 Peg 21869 1.63 1450

CD18DD006 223.00 224.00 Peg 21871 2.67 1770

CD18DD006 224.00 225.00 Peg 21872 2.32 283

CD18DD006 225.00 226.00 Peg 21873 3.67 696

CD18DD006 226.00 227.00 Peg 21874 3.75 673

CD18DD006 227.00 228.00 Peg 21876 4.35 541

CD18DD006 228.00 229.00 Peg 21877 1.31 1290

CD18DD006 229.00 230.00 Peg 21878 1.73 363

CD18DD006 230.00 231.00 Peg 21879 0.06 694

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CD18DD006 231.00 232.00 Peg 21880 0.06 1730

CD18DD006 232.00 233.00 Peg 21881 3.55 341

CD18DD006 233.00 234.00 Peg 21882 0.11 806

CD18DD006 234.00 235.00 Peg 21883 0.17 1120

CD18DD006 235.00 236.00 Peg 21884 0.33 1170

CD18DD006 236.00 237.00 Peg 21885 4.09 596

CD18DD006 237.00 238.00 Peg 21886 3.91 625

CD18DD006 238.00 239.00 Peg 21887 0.12 1460

CD18DD006 239.00 240.00 Peg 21888 3.10 1660

CD18DD006 240.00 241.00 Peg 21889 3.21 215

CD18DD006 241.00 242.00 Peg 21891 2.38 249

CD18DD006 242.00 243.00 Peg 21892 1.57 235

CD18DD006 243.00 244.00 Peg 21893 0.53 207

CD18DD006 244.00 245.00 Peg 21894 0.96 494

CD18DD006 245.00 246.00 Peg 21896 0.56 473

CD18DD006 246.00 247.00 Peg 21897 0.68 1060

CD18DD006 247.00 248.00 Peg 21898 0.82 918

CD18DD006 248.00 249.00 Peg 21899 0.49 601

CD18DD006 249.00 250.00 Peg 21900 2.64 245

CD18DD006 250.00 251.00 Peg 21901 1.68 158

CD18DD006 251.00 252.00 Peg 21902 2.95 276

CD18DD006 252.00 253.00 Peg 21903 1.52 202

CD18DD006 253.00 254.00 Peg 21904 1.14 200

CD18DD006 254.00 255.00 Peg 21906 0.43 766

CD18DD006 255.00 256.00 Peg 21907 0.55 183

CD18DD006 256.00 257.00 Peg 21908 1.12 170

CD18DD006 257.00 258.00 Peg 21909 1.00 570

CD18DD006 258.00 259.00 Peg 21911 2.55 713

CD18DD006 259.00 260.00 Peg 21912 2.99 1660

CD18DD006 260.00 261.00 Peg 21913 1.36 541

CD18DD006 261.00 262.00 Peg 21914 1.57 1225

CD18DD006 262.00 263.03 Peg 21916 1.21 682

CD18DD006 263.03 264.03 Dol 21917

CD18DD006 264.03 266.03 Dol NS_CD6_5

CD18DD006 266.03 266.89 Peg 21918 1.68 337

CD18DD006 266.89 267.89 Dol 21919 0.41 53

CD18DD006 267.89 271.57 Dol NS_CD6_6

CD18DD006 271.57 272.57 Dol 21920 0.47 19

CD18DD006 272.57 274.00 Peg 21921 2.24 520

CD18DD006 274.00 275.00 Peg 21922 3.15 752

CD18DD006 275.00 276.00 Peg 21923 1.93 830

CD18DD006 276.00 277.00 Peg 21924 2.09 939

CD18DD006 277.00 278.00 Peg 21925 1.52 197

CD18DD006 278.00 279.00 Peg 21926 1.88 1500

CD18DD006 279.00 280.00 Peg 21927 1.60 1390

CD18DD006 280.00 281.00 Peg 21928 1.67 505

CD18DD006 281.00 282.00 Peg 21929 2.09 747

CD18DD006 282.00 283.00 Peg 21931 1.07 772

CD18DD006 283.00 284.20 Peg 21932 0.50 716

CD18DD006 284.20 285.20 Dol 21933 0.22 18

CD18DD006 285.20 299.14 Dol NS_CD6_7

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CD18DD006 299.14 300.14 Dol 21934 0.29 12

CD18DD006 300.14 301.14 Peg 21936 0.05 926

CD18DD006 301.14 302.00 Peg 21937 1.15 767

CD18DD006 302.00 303.00 Peg 21938 1.58 750

CD18DD006 303.00 304.00 Peg 21939 0.14 1920

CD18DD006 304.00 305.00 Peg 21940 0.03 133

CD18DD006 305.00 306.00 Peg 21941 0.14 174

CD18DD006 306.00 307.00 Peg 21942 0.14 170

CD18DD006 307.00 307.58 Peg 21943 0.04 507

CD18DD006 307.58 308.58 Dol 21944 0.35 32

CD18DD006 308.58 309.47 Dol 21946 0.21 30

CD18DD006 309.47 310.02 Peg 21947 0.04 1020

CD18DD006 310.02 311.02 Dol 21948

CD18DD006 311.02 314.70 Dol NS_CD6_8

CD18DD006 314.70 315.70 Dol 21949

CD18DD006 315.70 316.21 Peg 21951 0.17 3

CD18DD006 316.21 317.21 Dol 21952 0.30 7

CD18DD006 317.21 324.45 Dol NS_CD6_9

CD18DD006 324.45 325.45 Dol 21953 0.32 59

CD18DD006 325.45 326.71 Peg 21954 1.26 701

CD18DD006 326.71 327.71 Dol 21956 0.23 9

CD18DD006 327.71 328.57 Dol 21957 0.03 3630

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JORC TABLE 1

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria JORC Code explanation Commentary

Sampling

techniques

• Nature and quality of sampling (e.g. cut channels, random chips, or specific

specialised industry standard measurement tools appropriate to the minerals

under investigation, such as down hole gamma sondes, or handheld XRF

instruments, etc). These examples should not be taken as limiting the broad

meaning of sampling.

• Include reference to measures taken to ensure sample representivity and the

appropriate calibration of any measurement tools or systems used.

• Aspects of the determination of mineralisation that are Material to the Public

Report.

• In cases where ‘industry standard’ work has been done this would be relatively

simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from

which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other

cases more explanation may be required, such as where there is coarse gold

that has inherent sampling problems. Unusual commodities or mineralisation

types (e.g. submarine nodules) may warrant disclosure of detailed information.

• Diamond drilling, producing drill core has been utilised to sample the

pegmatite below ground surface. This method is recognised as providing the

highest quality information and samples of the unexposed geology.

• Supplementing the drilling data, surface samples were collected from

outcrops, utilising channel sampling from trenches and point-source sampling

of scattered outcrops.

• Based on available data, there is nothing to indicate that drilling and sampling

practices were not to normal industry standards at the time within the Manono

licence PR13359. The pegmatite has been sampled from the hanging wall

contact continuously through to the footwall contact. In addition, the host-

rocks extending 2 m from the contacts have also been sampled.

• Diamond drilling has been used to obtain core samples which have then been

cut longitudinally. Intervals submitted for assay have been determined

according to geological boundaries. Samples were taken at 1 m intervals.

• The submitted half-core samples typically had a mass of 3 – 4 kg.

Drilling

techniques

• Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast,

auger, Bangka, sonic, etc) and details (e.g. core diameter, triple or standard

tube, depth of diamond tails, face-sampling bit or other type, whether core is

oriented and if so, by what method, etc).

• The drilling was completed using diamond core rigs with PQ used from surface

to sample through to fresh-rock and HQ sized drill rods used after the top-of-

fresh-rock had been intersected. Most holes are angled between 50° and 75°

and collared from surface into weathered bedrock. All collars were surveyed

after completion. All holes were downhole surveyed using a digital multi-shot

camera at about 30 m intervals. Apart from drillholes MO17DD001,

MO17DD002, MO18DD001 and MO18DD008, all core was oriented.

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Drill sample

recovery

• Method of recording and assessing core and chip sample recoveries and results

assessed.

• Measures taken to maximise sample recovery and ensure representative nature

of the samples.

• Whether a relationship exists between sample recovery and grade and whether

sample bias may have occurred due to preferential loss/gain of fine/coarse

material.

• Drill core recovery attained >97% in the pegmatite.

• Based upon the high recovery, AVZ did not have to implement additional

measures to improve sample recovery and the drill core is considered

representative and fit for sampling.

• For the vast majority of drilling completed, core recovery was near 100% and

there is no sample bias due to preferential loss or gain of fine or coarse

material.

Logging • Whether core and chip samples have been geologically and geotechnically

logged to a level of detail to support appropriate Mineral Resource estimation,

mining studies and metallurgical studies.

• Whether logging is qualitative or quantitative in nature. Core (or costean,

channel, etc) photography.

• The total length and percentage of the relevant intersections logged.

• Drill core was logged by qualified geologists using a data-logger and the logs

were then uploaded into Geobank which is a part of the Micromine software

system. The core was logged for geology and geotechnical properties (RQD

& planar orientations). A complete copy of the data is held by an independent

consultant.

• All core was logged, and logging was by qualitative (lithology) and

quantitative (RQD and structural features) methods. All core was also

photographed both in dry and wet states, with the photographs stored in the

database.

• The entirety of all drillholes are logged for geological, mineralogical and

geotechnical data.

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Sub-sampling

techniques and

sample

preparation

• If core, whether cut or sawn and whether quarter, half or all core taken.

• If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled

wet or dry.

• For all sample types, the nature, quality and appropriateness of the sample

preparation technique.

• Quality control procedures adopted for all sub-sampling stages to maximise

representivity of samples.

• Measures taken to ensure that the sampling is representative of the in situ

material collected, including for instance results for field duplicate/second-half

sampling.

• Whether sample sizes are appropriate to the grain size of the material being

sampled.

• Core is cut longitudinally, and half-core samples of a nominal 1 m length are

submitted for assay.

• The current programme is diamond core drilling.

• The sample preparation for drill core samples incorporates standard industry

practice. The half-core samples have been prepared at ALS Lubumbashi and

the ALS sample preparation facility on site at Manono, with holes from

MO18DD021 onwards being prepared at Manono.

• At AVZ’s onsite sample preparation facility the half-core samples of

approximately 4-5 kg are oven dried, crushed to -2 mm with a 500 g sub-

ample being split out. This 500 g sub-sample is then pulverised to produce a

pulp with 85% passing -75um size fraction. A 120 g subsample is then split

from this, the certified reference material, blanks and duplicates are inserted

at appropriate intervals and then the complete sample batch is couriered to

Australia for assay analysis.

• Standard sub-sampling procedures are utilised by ALS Lubumbashi and ALS

Manono at all stages of sample preparation such that each sub-sample split

is representative of the whole it was derived from.

• Duplicate sampling was undertaken for the drilling programme. After half-

core samples were crushed at the ALS Lubumbashi and ALS Manono

preparatory facility, an AVZ geologist took a split of the crushed sample which

is utilised as a field duplicate. The geologist placed the split into a pre-

numbered bag which was then inserted into the sample stream. It is then

processed further, along with all the other samples. The drilling produced PQ

and HQ drill core, providing a representative sample of the pegmatite which

is coarse-grained. Sampling was mostly at 1 m intervals, and the submitted

half-core samples typically had a mass of 3-4 kg.

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Quality of assay

data and

laboratory tests

• The nature, quality and appropriateness of the assaying and laboratory

procedures used and whether the technique is considered partial or total.

• For geophysical tools, spectrometers, handheld XRF instruments, etc, the

parameters used in determining the analysis including instrument make and

model, reading times, calibrations factors applied and their derivation, etc.

• Nature of quality control procedures adopted (e.g. standards, blanks, duplicates,

external laboratory checks) and whether acceptable levels of accuracy (i.e. lack

of bias) and precision have been established.

• Diamond drillhole (core) samples were submitted to ALS Lubumbashi and ALS

Manono (DRC) where they were crushed and pulverised to produce pulps.

These pulps were couriered to Australia and analysed by ALS Laboratories in

Perth, Western Australia using a sodium peroxide fusion of a 5g charge

followed by digestion of the prill using dilute hydrochloric acid thence

determination by AES or MS, i.e. methods ME-ICP89 and ME-MS91. Samples

from the drilling completed in 2017 i.e. MO17DD001 and MO17DD002, were

assayed for a suite of 24 elements that included Li, Sn, Ta & Nb. Samples from

the drilling completed in 2018 were assayed for a suite of 12 elements; Li, Sn,

Ta, Nb, Al, Si, K, Fe, Mg, P, Th and U, with Li reported as Li2O, Al as Al2O3, Si as

SiO2, K as K2O, Mg as MgO, Fe as Fe2O3 and P as P2O5.

• Peroxide fusion results in the complete digestion of the sample into a molten

flux. As fusion digestions are more aggressive than acid digestion methods,

they are suitable for many refractory, difficult-to-dissolve minerals such as

chromite, ilmenite, spinel, cassiterite and minerals of the tantalum-tungsten

solid solution series. They also provide a more-complete digestion of some

silicate mineral species and are considered to provide the most reliable

determinations of lithium mineralisation.

• Sodium peroxide fusion is a total digest and considered the preferred method

of assaying pegmatite samples.

• Geophysical instruments were not used in assessing the mineralisation.

• For the drilling, AVZ incorporated standard QAQC procedures to monitor the

precision, accuracy and general reliability of all assay results from assays of

drilling samples. As part of AVZ’s sampling protocol, CRMs (standards), blanks

and duplicates were inserted into the sampling stream. In addition, the

laboratory (ALS Perth) incorporated its own internal QAQC procedures to

monitor its assay results prior to release of results to AVZ. The Competent

Person is satisfied that the results of the QAQC are acceptable and that the

assay data from ALS is suitable for Mineral Resource estimation.

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Verification of

sampling and

assaying

• The verification of significant intersections by either independent or alternative

company personnel.

• The use of twinned holes.

• Documentation of primary data, data entry procedures, data verification, data

storage (physical and electronic) protocols.

• Discuss any adjustment to assay data.

• MSA observed the mineralisation in the majority of cores on site, although no

check assaying was completed by MSA.

• MSA observed and photographed several collar positions in the field, along

with rigs that were drilling at the time of the site visit.

• Twinned holes for the verification of historical drilling, were not required. Short

vertical historical holes were drilled within the pit but are neither accessible

nor included within the database used to define the Mineral Resource.

• Drilling data is stored on site as both hard and soft copy. Drilling data is

validated onsite before being sent to data management consultants in Perth

where the data is further validated. When results are received, they are loaded

to the central database in Perth and shared with various stakeholders via the

cloud. QC results are reviewed by both independent consultants and AVZ

personnel at Manono. Hard copies of assay certificates are stored in AVZ’s

Perth offices.

• AVZ has not adjusted assay data.

Location of data

points

• Accuracy and quality of surveys used to locate drill holes (collar and down-hole

surveys), trenches, mine workings and other locations used in Mineral Resource

estimation.

• Specification of the grid system used.

• Quality and adequacy of topographic control.

• The drillhole collars have been located by a registered surveyor using a Hi-

Target V30 Trimble differential GPS with an accuracy of +/- 0.02 m unless

otherwise noted.

• All holes were downhole surveyed using a digital multi-shot camera at

approximately 30 m intervals.

• For the purposes of geological modelling and estimation, the drillhole collars

were projected onto this topographic surface. In most cases adjustments were

within 1 m (in elevation).

• Coordinates are relative to WGS 84 UTM Zone 35M.

Data spacing

and distribution

• Data spacing for reporting of Exploration Results.

• Whether the data spacing and distribution is sufficient to establish the degree of

geological and grade continuity appropriate for the Mineral Resource and Ore

Reserve estimation procedure(s) and classifications applied.

• Whether sample compositing has been applied.

• Drillhole spacing was completed on sections 200 m apart, and collars were 50

to 100 m apart on section where possible.

Orientation of

data in relation

to geological

structure

• Whether the orientation of sampling achieves unbiased sampling of possible

structures and the extent to which this is known, considering the deposit type.

• If the relationship between the drilling orientation and the orientation of key

mineralised structures is considered to have introduced a sampling bias, this

should be assessed and reported if material.

• The drillhole orientation is designed to intersect the Carrier de l’Este Pegmatite

at, or nearly at, 90° to the plane of the pegmatite.

• No material sampling bias exists due to drilling direction. For

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Sample security • The measures taken to ensure sample security. • When utilizing ALS Lubumbashi, chain of custody is maintained by AVZ

personnel on-site to Lubumbashi. Samples are stored on-site until they are

delivered by AVZ personnel in sealed bags to the laboratory at ALS in

Lubumbashi. The ALS laboratory checked received samples against the sample

dispatch form and issues a reconciliation report.

• At Lubumbashi, the prepared samples (pulps) are sealed in a box and

delivered by DHL to ALS Perth.

• ALS issue a reconciliation of each sample batch, actual received vs

documented dispatch.

• The ALS Manono site preparation facility is managed independently by ALS

who supervise the sample preparation. Prepared samples are sealed in boxes

and transported by air to ALS Lubumbashi and are accompanied by an AVZ

employee, where export documentation and formalities are concluded. DHL

couriers the samples to ALS in Perth.

Audits or

reviews

• The results of any audits or reviews of sampling techniques and data. • The sampling techniques were reviewed by the Competent Person during the

site visit.

• The Competent Person considers that the exploration work conducted by AVZ

was carried out using appropriate techniques for the style of mineralisation at

Carriere de l’Este, and that the resulting database is suitable for Mineral

Resource estimation.

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Section 2 Reporting of Exploration Results

(Criteria listed in the previous section also apply to this section.)


Mineral

tenement and

land tenure

status

• Type, reference name/number, location and ownership including agreements or

material issues with third parties such as joint ventures, partnerships, overriding

royalties, native title interests, historical sites, wilderness or national park and

environmental settings.

• The security of the tenure held at the time of reporting along with any known

impediments to obtaining a licence to operate in the area.

• The Manono licence was awarded as Research Permit PR13359, issued on the

28th December 2016 to o La Congolaise d’Exploitation Miniere SA (Cominiere).

It is valid for 5 years. On the 2nd February 2017, AVZ formed a joint-venture

(JV) with Cominiere and Dathomir Mining Resources SARL (Dathomir) to

become the majority partner in a JV aiming to explore and develop the

pegmatites contained within PR 13359. Ownership of the Manono Lithium

Project is AVZ 60%, Cominiere 30% and Dathomir 10%.

• AVZ manages the project and meets all funding requirements.

• All indigenous title is cleared and there are no other known historical or

environmentally sensitive areas.

Exploration

done by other

parties

• Acknowledgment and appraisal of exploration by other parties. • Within PR13359 exploration of relevance was undertaken by Geomines whom

completed a programme of drilling between 1949 and 1951. The drilling

consisted of 42 vertical holes drilled to a general depth of around 50 - 60 m.

Drilling was carried out on 12 sections at irregular intervals ranging from 50 -

300 m, and over a strike length of some 1,100 m. Drill spacing on the sections

varied from 50 - 100 m. The drilling occurred in the Roche Dure Pit only,

targeting the fresh pegmatite in the Kitotolo sector of the project area.

• The licence area has been previously mined for tin and tantalum through a

series of open pits over a total length of approximately 10 km excavated by

Zairetain SPRL. More than 60 Mt of material was mined from three major pits

and several subsidiary pits focused on the weathered upper portions of the

pegmatites. Ore was crushed and then upgraded through gravity separation

to produce a concentrate of a reported 72% Sn. There are no reliable records

available of tantalum or lithium recovery as tin was the primary mineral being

recovered.

• Apart from the mining excavations and the drilling programme, there has

been very limited exploration work within the Manono region.

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Geology • Deposit type, geological setting and style of mineralisation. • The Project lies within the mid-Proterozoic Kibaran Belt - an intracratonic

domain, stretching for over 1,000 km through Katanga and into southwest

Uganda. The belt strikes predominantly SW-NE and is truncated by the N-S to

NNW-SSE trending Western Rift system. The Kibaran Belt is comprised of a

sedimentary and volcanic sequence that has been folded, metamorphosed

and intruded by at least three separate phases of granite. The latest granite

phase (900 to 950 million years ago) is assigned to the Katangan cycle and is

associated with widespread vein and pegmatite mineralisation containing tin,

tungsten, tantalum, niobium, lithium and beryllium. Deposits of this type occur

as clusters and are widespread throughout the Kibaran terrain. In the DRC, the

Katanga Tin Belt stretches over 500 km from near Kolwezi in the southwest to

Kalemie in the northeast comprising numerous occurrences and deposits of

which the Manono deposit is the largest. The geology of the Manono area is

poorly documented and no reliable maps of local geology were observed.

Recent mapping by AVZ has augmented the overview provided by Bassot and

Morio (1989) and has led to the following description. The Manono Project

pegmatites are hosted by a series of mica schists and by amphibolite in some

locations. These host rocks have a steeply dipping penetrative foliation that

appears to be parallel to bedding. There are numerous bodies of pegmatite,

the largest of which have sub-horizontal to moderate dips, with dip direction

being towards the southeast. The pegmatites post-date metamorphism, with

all primary igneous textures intact. They cross-cut the host rocks but despite

their large size, the contact deformation and metasomatism of the host rocks

by the intrusion of the pegmatites seems minor. The absence of significant

deformation of the schistosity of the host rocks implies that the pegmatites

intruded brittle rocks. The pegmatites constitute a pegmatite swarm in which

the largest pegmatites have an apparent en-echelon arrangement in a linear

zone more than 12 km long. The pegmatites are exposed in two areas;

Manono in the northeast, and Kitotolo in the southwest. These areas are

separated by a 2.5 km section of alluvium-filled floodplain which contains Lake

Lukushi. At least one large pegmatite extends beneath the floodplain. The

pegmatites are members of the LCT-Rare Element group of pegmatites and

within the pegmatite swarm there are LCT albite-spodumene pegmatites and

LCT Complex (spodumene sub-type) pegmatites.

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Drill hole

Information

• A summary of all information material to the understanding of the exploration

results including a tabulation of the following information for all Material drill

holes:

o easting and northing of the drill hole collar

o elevation or RL (Reduced Level – elevation above sea level in metres) of the

drill hole collar

o dip and azimuth of the hole

o down hole length and interception depth

o hole length.

• If the exclusion of this information is justified on the basis that the information

is not Material and this exclusion does not detract from the understanding of

the report, the Competent Person should clearly explain why this is the case.

• See table for collar, survey and assay data.

Data

aggregation

methods

• In reporting Exploration Results, weighting averaging techniques, maximum

and/or minimum grade truncations (e.g. cutting of high grades) and cut-off

grades are usually Material and should be stated.

• Where aggregate intercepts incorporate short lengths of high grade results and

longer lengths of low grade results, the procedure used for such aggregation

should be stated and some typical examples of such aggregations should be

shown in detail.

• The assumptions used for any reporting of metal equivalent values should be

clearly stated.

• Intersections are reported as length-weighted grades within the logged

pegmatite.

• No grade truncations were applied.

• The majority of samples were taken at 1 m lengths.

• No equivalent values are used or reported.

Relationship

between

mineralisation

widths and

intercept

lengths

• These relationships are particularly important in the reporting of Exploration

Results.

• If the geometry of the mineralisation with respect to the drill hole angle is

known, its nature should be reported.

• If it is not known and only the down hole lengths are reported, there should be

a clear statement to this effect (e.g. ‘down hole length, true width not known’).

• The majority of samples were taken at 1 m lengths.

• There is no relationship between mineralisation width and grade.

• The geometry of the mineralisation is reasonably well understood however

the pegmatite is not of uniform thickness nor orientation. Consequently, most

drilling intersections do not represent the exact true thickness of the

intersected pegmatite, although intersections are reasonably close to true

thickness in most cases.

Diagrams • Appropriate maps and sections (with scales) and tabulations of intercepts

should be included for any significant discovery being reported These should

include, but not be limited to a plan view of drill hole collar locations and

appropriate sectional views.

• The relevant plans and sections are included in this document.

Balanced

reporting

• Where comprehensive reporting of all Exploration Results is not practicable,

representative reporting of both low and high grades and/or widths should be

practiced to avoid misleading reporting of Exploration Results.

• All pegmatite intersections for holes CD18DD005 and CD18DD006 are

reported.

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Other

substantive

exploration

data

• Other exploration data, if meaningful and material, should be reported

including (but not limited to): geological observations; geophysical survey

results; geochemical survey results; bulk samples – size and method of

treatment; metallurgical test results; bulk density, groundwater, geotechnical

and rock characteristics; potential deleterious or contaminating substances.

• No other exploration data is available.

• Wide spaced reconnaissance drilling along with surface mapping and

sampling is being used for geological understanding and future drill

planning

Further work • The nature and scale of planned further work (e.g. tests for lateral extensions or

depth extensions or large-scale step-out drilling).

• Diagrams clearly highlighting the areas of possible extensions, including the

main geological interpretations and future drilling areas, provided this

information is not commercially sensitive.

• Diamond drill testing of the identified priority targets will be on-going.

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asx announcement spectacular drill results confirm … · cd18dd005 67.00 68.00 peg 21366 2.92 456...

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