AVZ Minerals, listed on the ASX, has unveiled an updated mineral resource estimate for its Manono lithium and tin project in the Democratic Republic of Congo (DRC).
Results from the 2022-2023 drilling program at the Roche Dure pegmatite added 268 million tonnes to the project, contributing to a 47% increase in the overall measured, indicated, and inferred mineral resource tonnage.
The Roche Dure measured and indicated resource tonnage rose by 82%, with 75% of it now classified as measured and indicated.
This significant boost is expected to extend the project’s potential life-of-mine. Meanwhile, AVZ continues to navigate legal matters to secure its interests in the Manono project, including a working capital and litigation funding facility of up to $20 million.
