Azure Minerals Limited (ASX: AZS) has intersected lithium-bearing pegmatites in several diamond holes drilled in late 2022, testing nickel targets on its Andover Project in Western Australia.
A highly significant lithium result was returned from hole ANDD0199 which tested a nickel target near the VC-30 airborne electromagnetic (VTEM) anomaly. The hole entered a quartz- spodumene pegmatite at a downhole depth of 313.9m, returning a strong lithium intersection of 1.51% Li2O over 7.2m, including an internal high-grade zone of 1.87% Li2O over 3.1m.
“The Andover Project continues to deliver very positive results. Having defined two nickel deposits hosting robust mineral resources and then identifying multiple lithium-bearing pegmatites at surface, we have now intersected high grade lithium mineralization in a drill hole that was specifically testing a nickel target,” Managing Director, Tony Rovira, said.
“This is further evidence of the substantial mineral endowment of Andover as a battery metals project hosting nickel, copper, cobalt and now lithium.”
In November Azure accelerated the lithium exploration program by drilling near nickel sulphide targets in areas where outcropping pegmatites were present and where drilling approvals had already been received.
Drill holes ANDD0196, 0197, 0198 and 0199 targeted extensions of the Southern Mineralized Corridor proximal to the VC-30, VC-31 and VC-32 VTEM anomalies). Pegmatites outcrop in the vicinity of each target, and all four holes intersected pegmatites containing lithium mineralisation varying from anomalous to high grade.
For further information please visit: https://azureminerals.com.au/
