Allaru Vanadium Project
AusVan’s Allaru Vanadium Project is located 60km north-west of Julia Creek in Queensland, Australia. The project contains a 25km strike length of high grade sedimentary hosted vanadium. The project is located in a Tier 1 mining jurisdiction surrounded by excellent infrastructure of the North West Minerals Province.
- Target Production: >100Mwh of vanadium electrolyte production p.a. and scaling up to >300Mwh
- Targeting low cost operation
- Shallow Resource
- Ownership of Vanadium production flowsheet for oxidized Vanadium shales
- Low cost mineral processing
- All assets and operations are 100% owned by AusVan
Allaru Project JORC Resources
The Allaru Project is a sedimentary deposit, with the resource hosted in Cretaceous Toolebuc Formation. The majority of the ore body is contained within the shallow weathered zone. Primary vanadium enrichment occurs in the shale portion of the formation.
The Project has a JORC Inferred Resource of 618Mt at 0.45% V2O5 and Exploration Target of 1,100Mt. The Vanadium Resource includes grades of up to 0.78% V2O5.
The resource remains open in all directions, progressively shallower to the east where it daylights. Clear opportunity to increase the tonnage with near surface high grade, enriched oxide zones to the east of current resource as well as increasing global tonnage.
AusVan is expediting work on a NI43-101 Preliminary Economic Assessment (PEA) which is expected to be complete by late 2020
AusVan Allaru Vanadium Project Mineral Resource estimate as June 2020.
This website may include certain forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning AusVan’s planned exploration programs, corporate activities and any, and all, statements that are not historical facts. When used in this document, words such as “could,” “plan,” “estimate,” “expect,” “intend,” “may”, “potential,” “should” and similar expressions are forward-looking statements.
AusVan believes that its forward-looking statements are reasonable; however, forward looking statements involve risks and uncertainties and no assurance can be given that actual future results will be consistent with these forward-looking statements. All figures presented within this website are unaudited and this website does not contain any forecasts of profitability or loss