AVL Completes Second Successful Drilling Programme

Second drilling programme in two months successfully completed as AVL targets Mineral Resource upgrades.

Key Points:

  • Resource infill drilling programme completed targeting Mineral Resource upgrades.
  • 30 Reverse Circulation (RC) drillholes for 2,336 metres, successfully targeting the high-grade vanadium magnetite horizon.
  • Drilling targeted current Inferred Resources south of existing PFS Mineral Reserves for conversion to Indicated Resources category.
  • A Mineral Resource update is nearing completion, incorporating drill results from earlier 2018 and 2019 drill programmes.
  • Advancing strategy of increasing mine life through adding more Indicated Resources.
AVL Completes Second Successful Drilling Programme View PDF (1 MB)
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