VANADIUM RESOURCES LTD (ASX:VR8) (“VR8” OR “THE COMPANY”), is developing its Tier 1
Steelpoortdrift Vanadium project in Limpopo, South Africa. VR8 is currently conducting a Definitive
Feasibility Study (“DFS”) to undertake mining operations and to construct a concentrator and salt roast
plant, potentially capable of initially producing 12,500tpa of V2O5 flake at an estimated capex of
US$200M1
. The Company is pleased to announce an update on the Bulk Sampling and Pilot plant test
campaign conducted in pursuance of the DFS.
HIGHLIGHTS
◆ Pilot Plant test work indicates elevated overall recoveries of 84.4% indicating a 4% increase to
metrics used for the Pre-Feasibility Study (PFS)1…