AVL’s Managing Director Vincent Algar said:
The Mineral Resource of the high-grade zone has increased by 3.1Mt (3.3%). Importantly, Indicated Resources within this zone have increased by 7.2Mt (147%). This represents an extremely high conversion from Inferred resources, supporting the high degree of geological and grade continuity at AVL’s Gabanintha project. Overall the total Mineral Resource has increased by 8.1Mt (4.6%) as a result of deeper drilling within the deposit, which remains open at depth.
“By incorporating these new results into our PFS, we are better able to attract the attention of key vanadium investors and market participants. We are looking to meet the needs of the steel industry and the rapidly developing Vanadium Redox Flow Battery industry"
Great company, Great Management, Great Results.
More to come.....
avl & vanadium & gabanintha
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