AVL 6.25% 1.7¢ australian vanadium limited

reserve size

  1. 152 Posts.
    When you look at Balla Balla resource it is 500 million tons @ 0.6 % Vanadium. This then leads to some conclussions about Gabbanitha.
    Gabbanintha is 12Kms.......Balla Balla is 7.4 Kms
    Width of the deposit is roughly the same and the depth drilled is 50 metres Gabbanintha and I believe 250 metres at Balla Balla. Gabs % Vanadium is 0.8 Ballas is 0.6%. I can now see why they want to check and double check the resource size, We could end up with the largest highest grade Vanadium deposit in the World......we definately dont want any mistakes.
 
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