Date: Dec 21, 2018
A 6,730-metre drilling program will lead to an updated and upgraded resource estimate early in 2019.
The company has completed program enhancement drilling at Gabanintha
Technology Metals Australia Ltd’s (ASX:TMT) project enhancement drilling has confirmed extensions of high-grade vanadium mineralisation at the Gabanintha Vanadium Project in Western Australia.
The 45-hole, 6,730-metre diamond and reverse circulation (RC) program demonstrated continuity of high-grade mineralisation along strike and down dip.
It has infilled and extended defined vanadium mineralisation as part of an ongoing definitive feasibility study (DFS) at the project.
READ: Technology Metals vanadium drill results support expansion potential
TMT’s managing director Ian Prentice said: “Gabanintha drilling results continue to confirm the strength of this globally significant vanadium project.”
He said a material increase to the global resource, and more importantly the indicated resource component was expected early in 2019 “as part of the rapidly progressing high-quality DFS”.
