ASX-listed central African lithium developer AVZ Minerals has completed four diamond drill holes on the Carriere de l’Este prospect at its flagship Manono hard-rock lithium and tin project in the Democratic Republic of Congo. Intercepts grading up to 2.49 per cent lithium oxide have extended the known lithium and tin mineralisation over an impressive strike length of 1.2km.
AVZ Minerals Ltd drives Manono Lithium and Tin Project towards final investment decision by year-end
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AVZ Minerals Ltd boosts Roche Dure lithium and tin ore reserves by 41 6%
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AVZ Minerals raises $40 million as it increases stake in Manono project
AVZ Minerals Ltd s (ASX:AVZ) Nigel Ferguson speaks to Proactive soon after announcing they ve raised A$40 million from sophisticated, professional and institutional investors in a placement to advance the tier-1 Manono Lithium and Tin Project in the Democratic Republic of Congo. He says the capital raising provides AVZ with the required funds to increase the company’s stake in the project and secures the necessary working capital to commence the early capital works program.
Quick facts: AVZ Minerals Ltd
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