https://www.miningweekly.com

Audalia eyes PFS at Medcalf

18th August 2014

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – Junior Audalia Resources is preparing to start work on a prefeasibility study (PFS) at its Medcalf vanadium project, in Western Australia, following a significant upgrade at the deposit.

The ASX-listed Audalia said on Monday that about 72% of the resource was now estimated to be in the indicated category, accounting for about 23-million tonnes at 0.47% vanadium oxide.

This was in addition to an inferred resource of 8.8-million tonnes, grading 0.40% vanadium oxide.

The latest resource statement compared with a maiden inferred resource of 28.5-million tonnes, grading 0.50% vanadium oxide, which was declared in 2013.

The company said the upgraded resource confirmed the potential for the Medcalf project to support a viable mining operation, and underpinned Audalia’s intention to continue development work and to undertake a PFS.

Edited by Creamer Media Reporter

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION