Technology Metals Australia’s Gabanintha Project is located 40km south of Meekatharra in Western Australia over six granted tenements. The project contains 5.5 km strike length of high grade mineralised gabbro and is one of the highest-grade vanadium deposits in the world.
Since listing in December 2016, Technology Metals Australia has identified a global resource of 119.9Mt @ 0.8% V2O5 including 55 Mt @ 1.1 % V2O5 of a single basal unit of massive magnetite. A full range of metallurgical test work has shown that the orebody can be processed using conventional salt roast techniques to produce a high quality >99% purity V2O5 product. This work has culminated in the completion of the June 2018 Pre-Feasibility Study (PFS) all within 18 months since listing.