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Australian Vanadium increased its resource estimate to Gabanintha Vanadium Project, the company's leading badet in Western Australia.
Australian Vanadium (ASX: AVL) Increased Resource Estimate at Gabanintha Vanadium Project Western Australia
Upgraded, measured, indicated, and presumed resource is now set at 175.5 million tonnes (Mt) at 0.77 percent vanadium, with a higher grade section of 93.6 Mt at 1 percent vanadium. In the high-grade zone, measured mineral resources range from 10.1 Mt to 1.11% vanadium, with 4.9 Mt to 1.09% vanadium in the indicated category and 78.6 Mt at 0.98% with an alleged designation.
The understanding of the deposit, and our very strong vanadium team, will allow us to use the knowledge as we move forward in the project, "said Vince Algar, Australian General Manager Vanadium, in its press release
@INN_Resource for bets updated in real time!
Disclosure of Securities: I, Georgia Williams, not a direct interest in a company mentioned in this article
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Tags Australian estimated Gabanintha resources Update Vanadium