Short Term Trading Week Starting: 7 Jan, page-127

VEC has done it!

-Acquisition of the 3.2moz gold resource at Adidi-Kanga (60% ownership)
-Fully funded through to DFS decision to mine ($35m for debt funding of acquisition, development and working capital)
-Anglo has spent US$520m on exploration before having to divest in 2013
-173,276 diamond and RC drilling completed
-Feasibility study complete
-Initial mine construction underway
-70% of equipment on-site already (value through savings estimated circa ~AU$100m)

Wide spaced drilling and lots of historical data - more announcements in the pipeline and resource upgrades to come! Should be some very exiting months ahead for Vector.

MC Currently $27m

https://www.asx.com.au/asxpdf/20190111/pdf/441t35kl7qwr3f.pdf