TVN 2.67% 7.3¢ tivan limited

Please see the latest announcement from Venus Metals re their...

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    Please see the latest announcement from Venus Metals re their vanadium deposit in WA.
    extract below
    YOUANMI VANADIUM OXIDE PROJECT MAJOR BREAKTHROUGH The Directors of Venus Metals Corporation Limited (“Venus” or the “Company” are pleased to announce a major breakthrough in regard to the Youanmi Vanadium Project following receipt of proof-of-concept metallurgical test work on oxide ores. Highlights: • Unique oxide vanadium ores identified at Youanmi. • The test work confirms strong recovery into solution of V2O5 by simple atmospheric sulphuric acid leach testing of oxide vanadium ores, together with co-extraction of nickel, copper and cobalt • The proof-of-concept of high recoveries from simple atmospheric sulphuric acid leach testing of oxide vanadium ores makes bulk mining and acid leach processing an attractive development path for initial scoping study work. • A 6000 m RC drill program is commencing immediately to support
    https://www.venusmetals.com.au/investors-relations/announcements

    Would appreciate if someone could advise if this is similar to TIVAN and are we going to see a lot of this form of processing which will bring significantly more V2O5 to market.
 
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