Financial News

Azure Minerals says Andover could be top 5 global lithium deposit

--News Direct--

Azure Minerals Ltd (ASX:AZS, OTC:AZRMF) MD Tony Rovira speaks with Proactive after declaring an exploration target for its Andover Lithium Project in WA just days after it delivered a 209-metre lithium hit.

The conceptual target estimates between 100 million and 240 million tonnes of ore at Andover, grading between 1% and 1.5% lithium oxide. This target covers anticipated lithium mineralisation in target areas one through three, where drilling continues to test pegmatites internally and along strike.

Rovira said Andover’s broad, high-grade hits firmly ranked the project among the world’s best lithium exploration plays.

“Encouragingly, the results suggest the mineralisation remains open along strike and to depth, providing Azure with the potential to produce similar, if not better, lithium intersections of such scale and tenor in future drilling,” he explained.

“The Andover project is an exceptional discovery given the abundance of outcropping mineralised pegmatites and substantial widths of high-grade mineralisation intersected in the drilling.”

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/azure-minerals-says-andover-could-be-top-5-global-lithium-deposit-963138097

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback