Vanadium Price, page-7

Going vertical here with no resistance at $20... looks like ending quite a few dollars higher on this run. A good time to be holding a PFS, high purity samples and with a significant LOM extension announcement hanging on assay results due next month.

7th Sep:

"This program is designed to:
 extend the Northern Block Mineral Resource estimate both along strike and at depth to increase the overall resource size and the Indicated Mineral Resource category / Probable Reserve estimate (see Figure 1);
 upgrade, and convert part of, the Southern Tenement Inferred Mineral Resource estimate to the Indicated Resource category;
 provide geotechnical data, in particular for the footwall portions of the designed pits, to provide sufficient data to enable a steepening of the designed open pit walls, thereby dramatically decreasing the overall strip ratio; and
 generate additional diamond core sample for the ongoing metallurgical testwork program, including the generation of final product to be provided to potential vanadium end-users.All holes targeting the depth extension of the Mineral Resource estimate in the North Pit area intersected broad zones of massive magnetite mineralisation, with down hole depths of up to 195m to the top of the mineralisation. Geotechnical data is being collected for each of the holes completed in the North Pit area, with eight (8) holes intersecting the footwall zone and one (1) hole drilled in to the western proposed pit wall area. Drilling in the North Pit area has confirmed the previously identified very shallow oxidation profile, which has positive implications for early access to higher yielding high grade mineralisation and the potential for steeper pit walls than included in the pre-feasibility study (“PFS” proposed open pit designs. Drilling is continuing in the Central Pit area (see Figure 1) and in the Southern Tenement. The RC drilling component of the stage 1 program is on track to be finished by mid September, with the diamond drilling component expected to be completed in late September. Preliminary assessment of the geotechnical data from drilling in the North Pit is expected to be available in mid to late September, with initial assay results from the North Pit area RC drill holes
expected to be available in October 2018"

Exciting times.