Yellow Rock Resources (ASX:YRR) is preparing to outline a resource update on the company’s Gabanintha vanadium project in Western Australia.
Yellow Rock struck some of the highest grades ever recorded at Gabanintha earlier this year, with drilling intersections at up to 2.2% V2O5.
The program confirmed Gabanintha’s status as one of the highest-grade projects being advanced globally
The ASX has granted the company a trading halt to prepare, with its shares placed in pre-open.
The halt will remain in place until the opening of trade on Wednesday 11th November 2015, or earlier if an announcement is made to the market.
Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.