Australian Vanadium Completes Second Drilling Program At Australian Vanadium Project

BEIJING (Asian Metal) 20 Dec 19 – Australian Vanadium Limited today announced that it has successfully completed its second resource infill drilling program in two months, on the southern strike extensions at the Australian Vanadium Project. The drilling was successful in identifying the target vanadium mineralization, confirming the impressive continuity of the unique massive-magnetite zones at the Project which is located south of Meekatharra in Western Australia.

30 RC holes were drilled at the Project between the 10th and 17th December 2019 for 2,336 meters. The phase 2 drill program was targeted at increasing the mineral resource category from the current inferred resources to indicated resources.

A Mineral Resource update is nearing completion, incorporating drill results from earlier 2018 and 2019 drill programs.