Sept 18 - MD Ian Prentice discusses high purity 99.5% V205 and progress of DFS at Gabanintha

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SUMMARY

Technoloy Metals Australia Ltd (ASX:TMT) managing director Ian Prentice updates Proactive Investors on the company’s ongoing development of its Gabanintha Vanadium Project in Western Australia. Significant progress is being made on a definitive feasibility study (DFS) for Gabanintha, on track for completion in the June quarter of 2019. The DFS includes drilling aimed at expanding the indicated mineral resource within the global mineral resource estimate of 119.9 million tonnes at 0.8% vanadium pentoxide and 9.7% titanium dioxide. Recent metallurgical test work has also achieved an impressive high purity 99.53% vanadium pentoxide from Gabanintha ore, providing further confidence for the DFS.

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