Nowthanna Hill Dressed Up for Sale

AUSTRALIAN Vanadium has dusted off its legacy Nowthanna Hill vanadium-uranium project and brought it into line with JORC 2012 guidelines as it looks to sell or joint venture out the leases, which are south and southeast of the company’s flagship vanadium-titanium-iron mineral resource.

SRK Consulting did the sums, and estimates that using a 250 part per million vanadium pentoxide cut-off the project has an inferred resource of 3.