Announcement Date: 2023-04-04
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Australian Vanadium Ltd.
Project name: Australian Vanadium
Location: Australia
Commodities: Lead,Iron,Titanium,Alumina,Silica
Highlight: Drilling results incl. 23m at 1.25% V2O5, 14.5% Ti, 8.6% SiO2, 7.7% Al2O3, 42.8% Fe, from 18m
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 new assay results from infill Reverse Circulation (RC) drilling at the Australian Vanadium Project (“the Project”) near Meekatharra in Western Australia. The new assay results, coupled with magnetic susceptibility data, provide further confirmation of the presence of higher grades of vanadium and iron, with a shallower weathering profile in the high-grade Zone 10 primary economic horizon in the southern resource blocks 50, 60 and 70 at the Project (Figure 1).
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