Australian Vanadium Ltd
Australian Vanadium Ltd (ASX:AVL), formally known as Yellow Rock Resources, is focussed on vanadium at its flagship Gabanintha project in Western Australia.
See more information about Australian Vanadium Ltd
Australian Vanadium Ltd moves into lithium-tantalum in South Africa
Australian Vanadium Ltd (ASX:AVL) has exercised its option to acquire a controlling 50.03% interest in the Blesberg lithium-tantalum project located in South Africa.
The decision follows the successful completion of a due diligence process including a review of the results of a new sampling program of the pegmatite zone within the Blesberg mine open pit.
Samples recorded grades of up to 6.42% lithium oxide.
The company intends to commence an exploration program including drilling on the Blesberg project as soon as possible.
Settlement of the acquisition is due to be completed in December 2016.
Planned work program
The exploration program to be undertaken over the coming months will consist of:
- 3-D modelling and drill-hole design and planning;
- Reverse circulation and/or diamond drilling and sample analysis;
- Mapping and sampling of additional pegmatite zones across the Prospecting Right area;
- Evaluation of all potential economic minerals present at Blesberg, including feldspar, tantalum, beryl, caesium and lithium potential;
- Determination of an accurate exploration target at Blesberg (including the main Noumas I pegmatite and adjacent pegmatite bodies), and
- Volumetric and analytical assessment of the current dump and ramp material at Blesberg.
Other Australian Vanadium Ltd news
- Australian Vanadium寻求在Coates Nickel-Copper-PGE项目合作中扩大场地占比
2020-09-23 - 与中国住宅用钒氧化还原流电池生产商签署合作协议后，Australian Vanadium股价上涨
2020-09-17 - Australian Vanadium与VRFB储能系统市场领头羊签订钒交易谅解备忘录，股价应声上涨
2020-09-09 - 采矿租约里程碑使旗舰项目离正式开发又进了一步，Australian Vanadium股价应声上涨
2020-08-31 - Australian Vanadium在旗舰项目中确定铁钛副产品的收入潜力
2020-08-21
