Aura's massive vanadium deposit, page-6

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11/04/18

00:16

Post #: 32362045
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Originally posted by jayshot ↑

There is an inferred resource of V at Haggan of 7870 million lbs at a grade of 1519ppm. Ofcourse this is only an inferred resource and further testing is needed to further define the resource but with that size I think we can expect there will be high grade areas.

Aura is also undertaking an option study to review data from a previous scoping study and also focus on the best ways to process the battery metals that have added significant value recently

So yeah its huge, and its not just vanadium which makes this exciting but this project can be even more feasible due to the other metals such as Cobalt, Nickel, Zinc, Neodymium and of course Uranium

They have done test work with The relatively cheap process of bacterial heap leaching and are exploring optimisation of this process for base metals recovery.

So they are building on previous studies of the resource and undertaking new studies to take advantage of the massive battery metal content.

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I saw those figures a while ago, I seem to remember from my notes the grade is exceptionally high.
1.5%.
It's a Multi Billion Dollar Project and v high return on investment.
Good Luck All.

AEE Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

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Aura's massive vanadium deposit, page-6

Top Stories

Dale Gillham: Are Australian Property Prices Crashing or Just Softening?

Cosmo Metals confirms broad mineralised zone at the Kanowna Gold Project in WA

Equus Energy inks 10-year gas sales agreement with Alcoa in WA

Capricorn Metals makes strategic acquisition of Piastri project in WA

Market Open: ASX tipped to continue to remain in the red

Kuniko extends Commonwealth-Silica Hill with positive drilling in lead-up to MRE

Ainsworth locks in Aristocrat patent deal for $8.5m

White Cliff Minerals transitioning Danvers discovery into continuous copper system

Antares Metals hits copper mineralisation at depth at Conglomerate Creek in Queensland

HotCopper Highlights: DroneShield, tungsten and lithium stocks dominate this week’s investor chatter

Buyers (Bids)

Sellers (Offers)