AVL 4.00% 1.2¢ australian vanadium limited

Ann: Gabanintha Resource Update, page-8

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  1. 1,528 Posts.
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    Looking good for holders and confidence has been repaid in spades. Onward and upwards

    Not so good for those that sold in the recent SP trough.

    For those thinking about other V205 plays, take heed of this from the announcement.

    Gabanintha differs from both the Barrambie and Windimurra deposits by the consistent presence along strike of the 10-15m thick basal massive magnetite zone and the higher overall vanadium grade of the Gabanintha deposit1. (Gabanintha 0.76% V2O5 overall3, Windimurra 0.48% V2O5 and Barrambie 0.63% V2O54). The grades observed in drilling allow extremely favourable comparison with other vanadium deposits globally.
 
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1.3¢ 5924987 18
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