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ScandiVanadium Ltd.
Summary
| Project: | Skane | |
|---|---|---|
| Deposit: | Horby | |
| Location: | Sweden | |
| Commodities: | Vanadium | |
| Date: | 12/18/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-12-2019: ScandiVanadium Ltd. announces a Resource Estimation report for its Horby deposit at the Skane project. Initial mineral resource estimate for project. ScandiVanadium Limited (ASX:SVD) (ScandiVanadium or the Company) is pleased to announce a mai | |
| Resources: | (Resource, I+I): 116.9Mt @ 0.39% V2O5 | |
| CP/QP: | [Resources]: Liz de Klerk (Micon International Ltd.) | |
| ABSTRACT: | ScandiVanadium Limited (ASX:SVD) (ScandiVanadium or the Company) is pleased to announce a maiden JORC Mineral Resource of 116.9Mt @ 0.39% V2O5 at the Hörby Target in the Skåne Vanadium Project. Results show strong continuity of grade and thickness within two seams. Managing Director David Minchin said, “We are pleased with results from the Hörby exploration programme that have demonstrated thick and continuous mineralisation occurring from near surface. The two vanadium seams have a combined thickness of 12m allowing for low-cost exploration of a high-tonnage resource. Excellent seam continuity gives us further confidence that additional resources can be delineated over the remainder of the licences where historical results report >9m intersections with grades above 0.6% V2O5. The Maiden JORC Mineral Resource at Hörby demonstrates that Skåne is a Tier One vanadium asset in the heart of Europe.” | |
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