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Technology Metals Australia Ltd

Technology Metals Australia enters trading halt pending release of Gabanintha DFS

Gabanintha hosts a maiden reserve of 16.7 million tonnes at 0.96% vanadium pentoxide and this will be updated in the DFS.

vanadium
There are currently just three primary vanadium mines globally

Technology Metals Australia Ltd (ASX:TMT) has been granted a trading halt by the ASX pending the release of results of the definitive feasibility study (DFS) on its Gabanintha Vanadium Project in WA.

Shares in the company will remain halted until the earlier of either, the release of relevant information, or, the commencement of trading on Wednesday, 21 August 2019.

Among the world’s highest-grade vanadium deposits

As there are just three primary vanadium mines globally, TMT intends to be the fourth with Gabanintha, which is among the world’s highest-grade, high-purity, large-scale vanadium deposits.

Gabanintha hosts a maiden reserve of 16.7 million tonnes at 0.96% vanadium pentoxide and this is being updated in the DFS.

Quick facts: Technology Metals Australia Ltd

Price: $0.18

Market: ASX
Market Cap: $15.76 m
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Full interview: Technology Metals Australia's DFS reveals high-value,...

Technology Metals Australia Ltd (ASX:TMT) executive director Ian Prentice updates Proactive Investors on the DFS results from its Gabanintha Vanadium Project in WA, which has ascribed the project a valuation pre-tax of A$1.32 billion.    Prentice said the study results...

3 weeks, 5 days ago

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