AVZ 0.00% 18.5¢ avz minerals limited

Ann: AVZ Minerals hits 284.47m @ 1.52% Li2O, page-89

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    I was working on some predictive down hole lengths based on this post I put up yesterday, then this announcement came in and provides a check on how reasonable the assumptions appear to be.

    Prediction for:
    Hole 6 was 295 actual 284.

    Hole 7 was 222 (but Hanging wall is shallower than expected so added a probable 60m to that (= 282m) to give my prediction before seeing the result ) actual 273.


    AVZ SECTION 6900N POST HOLE 6 ACTUAL.jpg
    AVZ SECTION 7000N WITH HOLE 7 ASSAYS.jpg


    Both within 10m of the actual.  Hopefully not pure luck as it could bode well for the predictions that 200+m intersections are present for the entire 800m of drilling so far (6600-7400N).
    AVZ PREDICTED DH THICKNESS FOR HOLES TO MAY 30 18.pdf
    or
    AVZ PREDICTED HOLE DEPTHS FOR DATA TO MAY 30 18.JPG

    Assumptions and issues related to these predictions are in yesterday's post.  A major issue is not having anything other than the surface geology to predict the depth of the hanging wall contact.
    Hole 13 is a real puzzle.

    Hopefully these predictions continue to be +- 10% and the grades are consistent.
    Last edited by salpetie: 04/06/18
 
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