Australia  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Technology Metals Australia upgrades vanadium resource as DFS progresses

Proactive Investors Wednesday, 17 April 2019
Technology Metals Australia Ltd (ASX:TMT) managing director Ian Prentice speaks to Proactive Investors about the 39% increase in Northern Block mineral resources at the company's Gabanintha Vanadium Project in Western Australia.   The project's global resource now amounts to 131 million tonnes at 0.9% vanadium pentoxide, including a high-grade component of 71.2 million tonnes at 1.1% vanadium and 12.7% titanium contained within the consistently mineralised massive magnetite zone.   Prentice says such a grade is world-class and shows the potential for a long-tenured vanadium project.   He adds that vanadium prices have now moderated to a level that minimises the temptation for buyers to turn to niobium as a substitute.
0
shares
ShareTweetSavePostSend
 

You Might Like


Recent related news from verified sources

Lithium Australia establishes 185 million tonne vanadium resource at Youanmi

Lithium Australia NL (ASX:LIT) has established a "significant" vanadium resource estimate for a portion of the Youanmi Complex in Western Australia's Mid-West...
Proactive Investors

Technology Metals Australia signs vanadium offtake MoU with Chinese rare metal manufacturer

Technology Metals Australia Ltd (ASX:TMT) has executed a memorandum of understanding (MoU) with CNMC Ningxia Orient Group Company Ltd to establish a binding...
Proactive Investors

Pantoro secures $43 million to acquire interest in 4.4-million ounce gold project

Pantoro Ltd (ASX:PNR) has successfully completed its fully underwritten $43 million share placement at 20 cents per share to sophisticated and professional...
Proactive Investors

Galena Mining on track to begin construction in 2019 at Abra Base Metals Project in WA

Galena Mining Ltd (ASX:G1A) has confirmed it is on track to begin construction in 2019 at its high-grade Abra Base Metals Project in Western Australia. This...
Proactive Investors

Hardey Resources receives CSA Global report on vanadium mining projects

Hardey Resources Limited (ASX:HDY) has received a draft report from CSA Global on its strategy and operations following a desktop technical review of its...
Proactive Investors

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.