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Technology Metals ups vanadium-titanium resource at Gabanintha's Northern Block

Technology Metals Australia Ltd.'s mineral resource at the Northern Block deposit increased 57% to 98.4 million tonnes at 0.8% vanadium oxide, or V2O5, and 9.7% titanium dioxide, or TiO2, including 21.6 million tonnes at 0.9% V2O5 and 11.2% TiO2 in the indicated category.

The company said March 7 that the total resource for the Gabanintha project in Western Australia now stands at 119.9 million tonnes at 0.8% V2O5 and 9.7% TiO2, at a 0.4% V2O5 lower cut-off grade.

The high-grade portion of the resource totals 55 million tonnes at 1.1% V2O5 and 12.7% TiO2, including 14.5 million tonnes at 1.1% V2O5 in the indicated category.

In December 2017, the company announced an initial resource for the Southern Tenement area of 21.5 million tonnes at 0.9% TiO2, and 10.1% TiO2 in the inferred category.