AVZ Minerals see more high-grade results from Lithium Project

Company News

by Rachael Jones

AVZ Minerals (ASX:AVZ) is pleased to report it has received further high-grade results from its Mineral Resource drilling at the Manono Lithium Project in the Democratic Republic of Congo.

It has received results from a further eight diamond drill holes, none of which were included in the Maiden Joint Ore Reserves Committee Mineral Resource estimate reported in early August 2018.

Strategic funding as part of the Company’s ongoing strategy to secure financing for the development of the Manono lithium project, executive level meetings have been held in the USA, Canada, China and Hong Kong over the past month.

AVZ has since been presented with a number of financing options such as equity investment and off-take pre-payments.

Shares in AVZ Minerals (ASX:AVZ) are up 4.44 per cent to 9 cents.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.