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Australian Vanadium discovers cobalt-copper-nickel potential at Gabanintha

Australian Vanadium Ltd. confirmed the successful recovery of cobalt, nickel and copper in sulfide concentrate at its Gabanintha vanadium project in Western Australia.

The company said May 22 that the discovery adds another salable battery metal opportunity to its flagship project.

Bryah Resources Ltd. holds the rights to any nickel, copper and gold recovered from any production; however, Australian Vanadium holds a 14% stake in Bryah.

Flotation test work returned sulfide concentrates containing 3.8% to 6.3% of base metals including 1.54% to 2.02% cobalt, 1.36% to 2.58% nickel and 0.82% to 1.70% copper.

The company plans to conduct further flotation optimization tests on the bulk composite reserve, and future drilling will target sufficient sample mass to optimize a sulfide recovery flowsheet, improve concentrate quality and determine an overall base metal recovery.

Australian Vanadium is looking to complete a pre-feasibility study at Gabanintha by July, with first production expected in early 2021, Managing Director Vincent Algar said.