TheBusinessTimes.com.au


Azure Minerals Limited (ASX: AZS) (“Azure” or “the Company”) is pleased to announce that drilling at the Company’s Andover Lithium Project (Azure 60% / Creasy Group 40%), located in the West Pilbara region of Western Australia, has intersected the thickest zones of lithium mineralisation to date – reflecting some of the best lithium drill intersections globally.

Commenting on the results, Azure Minerals’ Managing Director Tony Rovira said: “These broad, high-grade intercepts firmly entrench Andover amongst the best lithium exploration projects globally.

“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.

“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. With multiple drill rigs on site testing the numerous pegmatite zones, we are only beginning to realise the full scale of the project’s potential.”

HIGHLIGHTS

- Very broad zones of lithium mineralisation intersected in the AP0011 pegmatite:

• 209.4m @ 1.42% Li2O from 219.0m in ANRD00171 (~134.6m True Width), including:

o 126.2m @ 1.72% Li2O from 219.0m (~81.1m True Width) which includes: ❖ 56.1m @ 2.00% Li2O from 257.0m (~36.1m True Width); and

o 19.7m @ 1.54% Li2O from 401.6m (~12.7m True Width)

• 183.1m @ 1.25% Li2O from 170.5m in ANDD02282 (~123.3m True Width), including:

o 58.9m @ 1.46% Li2O from 170.5m (~39.7m True Width); and o 30.0m @ 1.55% Li2O from 284.0m (~20.2m True Width); and o 11.2m @ 1.85% Li2O from 332.9m (~7.5m True Width)

- Mineralisation now extends for more than 1,800m along strike and down-dip from surface to vertical depths in excess of 400m

- Mineralisation in AP0011 pegmatite remains open along strike to the west and is thickening down-dip

- Diamond drilling is expected to commence testing pegmatites AP0015, AP0016 and AP0017 in Target Area 2 within the next week