Technology Metals Australia’s Gabanintha Project is located 40km south of Meekatharra in the Western Australia. 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. The project is located in a Tier 1 mining jurisdiction surrounded by excellent infrastructure.
Since listing in December 2016, Technology Metals Australia has identified a global resource of 131Mt @ 0.9% V2O5 including a high grade zone of 71Mt @ 1.1% V2O5 within a single massive magnetite layer. 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.
A Definitive Feasibility Study is currently underway and due for completion mid 2019.