AVL – Australian Vanadium Limited
These leases occupy approximately 58.47 square kilometres. One of the significant units is a gabbro sequence containing known vanadium-titanium resources in a magnetite-rich horizon. The area is prospective for a variety of base and precious metals as well as uranium.
A total of 3,870 metres were drilled and logged, and samples are currently being assayed.
This recent drill programme was designed with the objective of determining an indicated resource for the total 12.2 km of the prospective strike length contained within the YRR tenements and to a depth of greater than 100 metres
