AVZ Minerals Ltd is a junior mineral exploration company focused on developing the Manono Project located in the south of the Democratic Republic of Congo (DRC) in central Africa. AVZ has a 60 per cent interest in the Manono Project.
The Manono Project is potentially one of the world’s largest lithium-rich LCT (lithium, caesium, tantalum) pegmatite deposits. The Manono pegmatite extends for a strike length of at least 13km and is over 240m thick in places. The Manono Project includes the historic Manono Mine, a pegmatite deposit mined for its tin content from 1919 to 1982.The Company also holds a 100 per cent interest in the Manono Extension Project which surrounds the Manono Project.
In addition, AVZ holds a 60 per cent interest in the Katanga Regional Project which comprises seven exploration licences in the Kibaran Belt in southern DRC which are known to host lithium-bearing pegmatites.
AVZ listed on the Australian Securities Exchange (ASX) in 2007 under the code AVZ.