Azure Minerals Reports Consistent High-Grade Lithium Results at Andover
THE DRILL SERGEANT: Azure Minerals (ASX: AZS) released further high-grade lithium results from the company’s Andover project (Azure 60% / Creasy Group 40%), located in the West Pilbara region of Western Australia.
Azure Minerals reported its ongoing lithium-focused, pegmatite sampling exploration program across the Andover project has returned very high=grades of lithium, up to a maximum value of 4.87 per cent lithium oxide (Li2O).
A recent crop of 109 samples produced 20 samples grading over 3.5 per cent Li2O.
“We are extremely excited by these latest results which highlight the huge potential of the Andover project to host substantial lithium resources,” Azure Minerals managing director Tony Rovira said in the company’s ASX announcement.
“It is particularly pleasing to see these types of results given the recent announcement that global mining and chemical company SQM would invest $20 million to take a 19.99 per cent stake in Azure, which is not only an endorsement of our strategy and the prospectivity of our projects, but also gives us the financial firepower to aggressively tackle this opportunity.
“Several hundred pegmatite bodies remain to be sampled and mapped within the project area, and this work will continue in parallel with upcoming diamond and RC drilling programs.”
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