Date: Oct 8, 2018

ASX-listed Vital Metals has identified a vanadiumtitanium-magnetite, or VTM, exploration target at Tiebele, part of its Nahouri project in Burkina Faso.

The company is planning to complete infill soiling sampling on the target to test the extent of the magnetic anomaly.

“Based on the available exploration data, the VTM body is similar to projects in the Yilgarn craton (e.g. Canegrass or Windmurra), says Vital Metals MD Mark Strizek.

“Based on the size of the magnetic anomaly, we have estimated a strike length of 1 500 m to 1 900 m at an average width of 50 m to 150 m for the anomalous rock body. The shape of the magnetic anomaly suggests a NW dip and if this was around 150 m then potentially there is a sizeable volume however, we will need drill testing to verify.

“With the exploration season fast approaching in Burkina Faso, our next step is confirmatory geochemical sampling over the target to determine its potential as a drill target,” he says.

Vital’s exploration team believes that historic mapping in the area is not accurate and does not reflect the underlying geophysics and geochemistry.

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