The metallurgical results have confirmed the presence of Vanadium, with a 2:3 ratio to Uranium.
(ie. 15mlbs of U3O8 should result in 10mlbs Of Vanadium)this was before the 25.2 upgrade.
So with that in mind and the combined mineralised potential Pen have estimated of up to 145mlbs U3O8 over Lance project. At a 2:3 ratio. Can we now potentially equate that to a possible 96mlbs of Vanadium over the Lance project.
Nice by-product to have.
NK
vanadium investing news, page-8
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