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20/12/2019

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)