Audalia Resources (ASX:ACP) said a reverse circulation drilling campaign at the Egmont prospect within the Medcalf vanadium-titanium-iron project in Western Australia returned significant results, according to a Friday Australian bourse filing.
Significant results from the campaign included 40 meters at 7.93% grade of titanium oxide, 0.39% grade of vanadium oxide, and 40.07% grade of iron oxide, as well as 66 meters at 7.53% grade of titanium oxide, 0.38% grade of vanadium oxide, and 38.42% grade of iron oxide.
Cube Consulting is working on an updated mineral resource estimate for the Egmont prospect.
Infill drilling is expected to begin at the end of April on the Vesuvius, Fuji, and Pinatubo prospects.
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