HRZ 0.00% 3.8¢ horizon minerals limited

Extract from annual report 2019 ICHMOND VANADIUM JV –...

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    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.
 
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