SRN surefire resources nl

Ann: Agreement with DRA Global to progress Victory Bore, page-22

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    Surefire Resources
    Surefire Resources (ASX:SRN) is a predominately WA-focused vanadium explorer, but, like Magnum, with an interest in downstream processing in the Saudi Kingdom.

    Partnering with Saudi-based Ajlan & Bros Mining and Metals, the two companies recently extended a 12-month MOU regarding the company’s WA-based Victory Bore vanadium project.

    Under a prior version of the MOU, Alara is keen to explore the pros and cons of processing vanadium magnetite concentrate in the jurisdiction.

    The company’s executive suite are set to travel to Saudi Arabia over the coming months – roping in the Australian ambassador – to progress discussions.

    Surefire reported in mid-August a number of Saudi Arabian companies are interested in the prospect of processing vanadium ore.
 
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