BACK in MAY ann ... fours months on >>>> time for an update
IRC-JP
“We look forward to further results and moving forward with AXF on the downstream processing studies and upgrading the Lilyvale resource.
With the soft oxide mineralisation just 4m below surface at Lilyvale, the scale of the project has the potential to compete with any world class vanadium deposit and meet the supply needs of both the steel and emerging energy storage markets.”!!!!!!!!!!!!
AXF Vanadium Managing Director Dr Shaun Ren added: “These initial results have provided us with growing confidence in the project and formed the basis to move to the next stage where we have committed a further A$5m to optimise pre-concentration, commence downstream processing work and develop a pathway to commercial production.”!!!!!!!!!!!
IRC Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held