Transcript:
I’m Julian Woodcock from Viking Mines.
2023 has been a transformational year for the company.
We’ve undertaken a significant amount of work on our flagship Canegrass Battery Minerals Project with rock chip sampling, geophysics, and culminating in a 7,500m drill program.
This resulted in a mineral resource update estimate of 146Mt at 0.70% V2O5 represent a doubling of the contained vanadium in the resource. Importantly, within this resource we delineated a high grade component of 27.5Mt at 0.87% V2O5.
This is going to form the basis of undertaking a scoping study in the new year. We’ve also commenced with a second stage metallurgical test work program at a different part of the deposit, which is aiming to produce vanadium pentoxide flake as a final product. On successful completion of this work, we will have demonstrated a pathway to producing the valuable products from this project.
In addition to all the work at Canegrass, we’ve also commenced with exploration activities at our first hit lithium and gold project.
We’ve undertaken the large 1,220 sample auger program across the area and are looking to delineate some 50 ppm plus anomalies to follow up for activity in the new year.
We expect these results in January, and I’m excited to see what we’ll get.
This area is particularly interesting because of its proximity to Delta Lithium’s Mount Ida project, 60 km north of our land package.
We also acquired an additional tenement, bringing our total granted tenure to 291 km2 in this prolific lithium district. I’m really looking forward to 2024 with a series of new results coming through, both from the lithium project as well as the metallurgical results from Canegrass, and with that we’ll be able to plan further activity in the first half of next year.
I’d like to thank all our shareholders for their continued support throughout the year and look forward to providing updates on progress as soon as we get results.
