Extract from annual report 2019
ICHMOND VANADIUM JV – EXPLORATION PROJECT (IRC retains 25%)
In March 2017, the Company finalised a strategic development JV with AXF Vanadium Pty Ltd, now Richmond Vanadium
Technologies Pty Ltd (“RVT”). The JV covers Horizon’s 100% interest in the Richmond vanadium project in North West
Queensland (Figures 8 and 9) which include metal rights at the nearby Julia Creek project which is owned by Global Oil
Shale Plc. The project tenements cover 1,520km2
of Cretaceous Toolebuc Formation hosting shallow oxide ore within
marine sediments.
Ann: Intention To Demerge and List The Richmond Vanadium Project, page-16
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