Australian Vanadium Completes Drilling Program At Australian Vanadium Project

BEIJING (Asian Metal) 28 Oct 19 – On October 25, Australian Vanadium Limited announced that it has completed drilling within the current Pre-feasibility Study pit design to further refine the structural model and provide additional input to the resource and geotechnical data supporting the pit design.

The Phase 1 resource extension and upgrade drilling program was completed. Thirteen Reverse Circulation (RC) holes were drilled at the Australian Vanadium Project between the 13th and 18th October 2019 for 1,224 meters.

Samples are received and currently being assayed by internationally certified laboratory in Perth.

The Mineral Resource update is to follow the receipt of assays, incorporating latest RC drill results and diamond drill results from early 2019.

Further drill programs are in advanced planning stage and will target southern blocks to convert current Inferred Resources to Indicated Resources.