Australian Vanadium eyes commercial feldspar opportunity in South Africa

Date: Nov 24, 2017
The company has identified an opportunity for high-value feldspar products.

Australian Vanadium Ltd (ASX:AVL) has received promising tantalum, lithium and beryllium results from drilling at the Blesberg Project located in the Northern Cape Province of South Africa.

The company’s pegmatite intersections from 38 holes contains average of >50% feldspar.

Importantly, Australian Vanadium has identified an opportunity for niche, high-value feldspar product with accessory mineral credits.

Drilling confirms extension of pegmatite beyond historical mine

The company’s objective was to assess the value of the lithium-caesium-tantalum (LCT) pegmatites at Blesberg, including the volume of ceramic grade feldspar, spodumene, beryl and tantalite.

The company completed 41 holes (3,128 metres) of reverse circulation (RC) drilling.

Highlight tantalum results include:

– 8 metres at 1,532 ppm tantalum including 1 metre at 8,190 ppm tantalum; and
– 5 metres at 414 ppm tantalum including 1 metre at 1,535 ppm tantalum.

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