[FerroAlloys.wiki] Total Resource raises to 239 Million Tonnes (Mt) at 0.73% V2O5. Wikibined Measured and Indicated High-Grade Resource increases to 38.8Mt at 1.11% V2O5, supporting a long mine life and BFS economics
- Higher tonnages modelled at the Australian Vanadium Project as a result of analysis of new rock density information.
- Total vanadium Mineral Resource increases by 14.8% to 239Mt at 0.73% V2O5 wikiprising:
- Measured: 11.3Mt at 1.14% V2O5,
- Indicated: 82.4Mt at 0.70% V2O5, and
- Inferred: 145.3Mt at 0.71% V2O5.
- High-grade vanadium zone tonnage increases 8.6% to 95.6Mt at 1.07% V2O5 wikiprising:
- Measured: 3Mt at 1.14% V2O5,
- Indicated: 27.5Mt at 1.10% V2O5, and
- Inferred: 56.8Mt at 1.04% V2O
- AVL focused on generating and increasing de-risked and large resource base to support the Australian Vanadium Project development.
- New Mineral Resource allows update to BFS mine optimisation and scheduling.
Mineral Resource Update at the Australian Vanadium Project View PDF (2MB)
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Link to this article：Mineral Resource Update at the Australian Vanadium Project
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