Announcement Date: 2022-12-19
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Australian Vanadium Ltd.
Project name: Coates
Location: Australia
Commodities: Platinum,Copper,Lead,Nickel
Highlight: Drilling results incl. 3.25m at 0.15% Cu, 0.08% Ni, 0.00% Pb, 0.03g/t Pt, from 81.15m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Australian Vanadium Limited (ASX: AVL, “the Company” or “AVL”) is pleased to announce assay results from the diamond core portion of the April – May 2022 drill program at the Coates Mafic Intrusive Complex near Wundowie, 80km NE of Perth in Western Australia. Drilling followed a successful SkyTEM Airborne Electromagnetic (AEM) survey which identified three conductors, with the largest having a strike length of 1,900 metres, 2 located parallel to a magnetic high, topographic low on the project. Figure 1 shows the location of the AVL Coates Mafic Intrusive Complex Project within the emerging Western Yilgarn Nickel-Copper-PGE province.
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