Azure Minerals Limited’s (ASX: AZS) recent assay results from drilling in Target Area 3 (TA3) on the company’s Andover Project confirm consistent thickness and grade of the lithium mineralization within the AP0004 and AP0002 pegmatites. The company explains that this confirms a major lithium-mineralized system is present at TA3, and that Andover has the potential to be a lithium project of global significance.
The Andover pegmatite swarm extends over an area of 9km (east-west) and up to 5km (northsouth) and comprises hundreds of outcropping pegmatites with many containing high lithium grades identified from extensive surface sampling. Since lithium-focused drilling commenced in March 2023, a total of 114,556m has been drilled. This comprises 248 diamond core holes completed for 83,219m, 97 Reverse Circulation (RC) holes completed for 19,267m, and 27 holes comprising RC pre-collars and diamond tails completed for 12,070m.
Abundant broad, lithium-rich drill intersections confirm that Target Area 3 (TA3) hosts a substantial lithium deposit. Latest significant mineralized intersections from AP0004 pegmatite include:
- 102.5m @ 1.00% Li2O (True Width [TW]: ~48.1m) from 393.5m in ANDD0337
- 88.4m @ 1.53% Li2O (TW: ~37.5m) from 38.0m in ANDD0339
- 62.5m @ 1.53% Li2O (TW: ~51.7m) from 268.5m in ANDD0360
- 58.1m @ 1.21% Li2O (TW: ~40.9m) from 250.4m in ANDD0371
- 51.8m @ 1.07% Li2O (TW: ~50.3m) from 120.0m in ANDD0374
- 47.7m @ 1.46% Li2O (TW: ~45.8m) from 96.0m in ANDD0342
- 41.7m @ 1.37% Li2O (TW: ~38.0m) from 128.3m in ANDD0333
- 41.2m @ 1.55% Li2O (TW: ~33.7m) from 207.6m in ANDD0335
- 35.4m @ 1.41% Li2O (TW: ~33.7m) from 175.9m in ANDD0363
- 34.7m @ 1.52% Li2O (TW: ~34.3m) from 212.7m in ANDD0395
- 34.4m @ 1.41% Li2O (TW: ~34.3m) from 66.6m in ANDD0362
- 33.7m @ 1.23% Li2O (TW: ~32.4m) from 131.3m in ANDD0361
- 33.6m @ 1.24% Li2O (TW: ~32.5m) from 138.8m in ANDD0355
- Latest significant mineralized intersections from AP0002 pegmatite include:
- 47.1m @ 1.27% Li2O (TW: ~35.2m) from 286.4m in ANDD0398
- 44.0m @ 1.11% Li2O (TW: ~35.0m) from 140.0m in ANDD0340
- 40.2m @ 1.29% Li2O (TW: ~39.2m) from 243.8m in ANDD0356
- 39.3m @ 1.18% Li2O (TW: ~35.4m) from 66.4m in ANDD0383
- 34.7m @ 1.43% Li2O (TW: ~32.6m) from 237.0m in ANDD0350
Additionally, mineralized strike length now exceeds 2,100m in AP0004 and 1,500m in AP0002 (with >400m of down-dip extent). AP0002 and AP0004 mineralization remains open at depth and along strike to the northeast and southwest. Eight diamond rigs continue drilling to extend the TA3 mineralized system.
To read more about this, please visit www.azureminerals.com.au
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