Intermin Resources updates mineral resources for Richmond Vanadium Project
Date: Mar 21, 2018
BEIJING (Asian Metal) 21 Mar 18 – On March 20, Australian-based Intermin Resources Limited announced an updated JORC (2012) Mineral Resource for the Richmond Vanadium Project, located in central north Queensland.
The Richmond Project covers 1,520km2 in central north Queensland and is close to existing infrastructure including a gas pipeline, major highway and railway linked to Townsville Port. As announced on 19 September 2017, Intermin Resources completed a formal Joint Venture agreement with Chinese backed AXF Vanadium Pty Ltd over the Richmond project whereby AXF Vanadium can earn up to 75% interest by spending A$6m by 2021 inclusive of a Feasibility Study.
