Date: Nov 2, 2018

King River Copper Ltd (ASX:KRC) has received the scoping study results for its 100% owned Speewah VanadiumTitanium-Iron Project in Western Australia.

The scoping study’s objective was to determine the potential viability of an open pit mine with an on-site magnetic separation process followed by a hydro-metallurgical recovery of vanadium, titanium and iron.

The study presents a cohesive project that demonstrates a viable business case for further development.

Importantly, the scoping study sees a positive business case with a healthy cash flow margin that supports progression to the pre-feasibility study (PFS) stage.

READ: King River Copper begins deep diamond drilling to test Chapman gold prospect

The preliminary infrastructure strategy is to establish the primary processing facilities on site.

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