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Vital Metals Ltd.

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Summary

Project:

Watershed

Deposit:Watershed
Location:Australia
Commodities:Tungsten
Date:7/4/2018
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:4-7-2018: Vital Metals Ltd. announces a Resource Estimation report for its Watershed deposit at the Watershed project. Updated Mineral resource estimate to JORC 2012 compliance. Vital Metals Limited (ASX: VML) is pleased to announce a review and restateme
Resources:(Resource, Total): 49.32Mt @ 0.14% WO3 for 70.4Kt WO3 contained at Watershed
CP/QP:[Resources]: Simon Tear (H&S Consultants Pty Ltd.)
ABSTRACT:Vital Metals Limited (ASX: VML) is pleased to announce a review and restatement of the Watershed Mineral Resource under the 2012 JORC Code and Guidelines. This information was prepared and first disclosed under the 2004 JORC Code. There has not been any material change since it was last reported. It is now restated and classified using the 2012 JORC Code and Guidelines The Watershed tungsten project is in Far North Queensland (Figure 1) and has all necessary Indigenous Land Use Agreements, Environmental Authority and compensation agreements in place with the pastoral lease holder The project comprises seven Mining Leases totalling 1,904 hectares (Figure 2). The Mining Leases are valid until 1st December 2033. All holdings are held by North Queensland Tungsten, a wholly-owned subsidiary of Vital Meta

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