Australian Vanadium adds another expert to lead vanadium pre-feasibility study
The PFS is the next major milestone and step in Gabanintha’s development.
Company
ASX:AVL
Australian Vanadium Ltd (ASX:AVL, OTCQB:ATVVF) is a resource company focused on vanadium, seeking to offer investors a unique exposure to all aspects of the vanadium value chain – from resource through to steel and energy storage opportunities. The company is advancing the development of its world-class Australian Vanadium Project at Gabaninthaoject near Meekatharra, which is among the highest-grade vanadium projects in the world. VSUN Energy is AVL’s 100% owned renewable energy and energy storage subsidiary which is focused on developing the Australian market for vanadium flow batteries for long duration energy storage.
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The PFS is the next major milestone and step in Gabanintha’s development.
The company is developing its Gabanintha Vanadium Project in Western Australia.
The company's share price closed circa 8% higher on Wednesday, at $0.355.
Drilling returns a best assay of 1 metre at 32.18 g/t gold and 0.44% copper from 47 metres.
The company will initiate on-ground follow-up work as soon as possible.
Test work has confirmed the high quality of the Gabanintha project.
Tests have delivered a high-yield into Gabanintha primary vanadium concentrates.
Campaign returns up to 23.8 g/t gold at the Gabanintha project.
The company is advancing the Gabanintha project towards feasibility and production.
Chinese customers have indicated an urgency in obtaining vanadium supply.
Assays from Gabanintha are expected to flow before the end of December.
The company is developing its flagship Gabanintha Vanadium Project in Western Australia.
The company recently doubled its vanadium resource at the Gabanintha project.
The company has identified an opportunity for high-value feldspar products.
The Bryah Basin is home to two significant copper-gold discoveries.
The Bryah Basin is home to two significant copper-gold discoveries including the DeGrussa mine.
Australian Vanadium presently holds a 13.4% stake in Bryah.
The company is advancing Gabanintha towards feasibility and production.
Drilling along strike from the Tumblegum pit which was mined between 1987 and 1992.
The company's Gabanintha vanadium project is located in Western Australia.