OTCPK:VTMXF - Post by User
Post by
123buyholdhopeon Feb 14, 2023 10:30am
240 Views
Post# 35285082
Vital Metals Release
Vital Metals Release Vital achieves 26% increase in Tardiff Mineral Resource tonnes and 19% increase in contained NdPr
| |
| HIGHLIGHTS - Updated Mineral Resource Estimate (“MRE”) for the Tardiff Upper Zone (“Tardiff”) at Nechalacho achieves a 26% increase in Mineral Resource tonnes and a 20% increase in total rare earth oxides (“TREO”) tonnes
- Tardiff is estimated to contain 1.67 million tonnes of TREO within a total mineral resource of 119.0 million tonnes at 1.4% TREO
- Tardiff is estimated to include 416,000 tonnes of neodymium and praseodymium (NdPr), a 19% increase over the previous MRE estimate dated 13 December 2019
- Vital will commence drilling at Nechalacho this month, aiming to infill the Tardiff deposit to increase confidence in the Inferred component of the MRE
- Vital aims to develop Tardiff to become a large-scale, long-life rare earths producer; initial economic assessment for Tardiff due in Q3 CY23
https://wcsecure.weblink.com.au/pdf/VML/02631023.pdf
DyoDD
GLTA - https://twitter.com/EarthsRare | |