Skip to content
Finance Investment, Oil Mining Resources

Critical Minerals Group (ASX:CMG) – Drilling commences at Lindfield Vanadium Project

Critical Minerals Group Limited (ASX:CMG) 2 mins read

Critical Minerals Group Limited has begun a targeted drill program at their primary Lindfield Vanadium Project in Northwest Queensland. This program aims to obtain ore samples for pilot scale testing. Here are the main points:

Location: The Lindfield Vanadium Project is situated 30km from Julia Creek in Northwest Queensland.

Resource Estimate: The project has a JORC Indicated and Inferred Resource estimate of 363mt @ 0.43% V₂O₅ and 4.8% Al2O3. This includes an Indicated Resource of 254mt @ 0.44% V₂O5. The deposit features shallow outcrops from the surface and is part of the Toolebuc Formation.

Infrastructure: The project benefits from nearby grid power, road and rail systems, and water.

Drilling Program: The drilling plan involves 20 x 4C (100mm) core holes to obtain ore samples for a Vanadium Processing Pilot Plant (VPPP). An 8C (200mm) core hole has also been successfully drilled to provide more sample material and enhance drilling options for orebody sample recovery.

Purpose: The recent positive test results have propelled the testing program to the next phase of metallurgical testing in a pilot-scale test plant. The pilot-scale test work is currently being organized, with the anticipation that the material will be utilized in the VPPP in the first half of the 2024 calendar year, following the completion of result assaying.

Upcoming Work: Additional metallurgical tests are scheduled for the December Quarter. The outcomes will help determine the parameters for the VPPP testing in H1 2024.

Geological Understanding: The drilling program will also enhance the geological comprehension of the orebody at the Lindfield Vanadium Project, especially in the area where initial mining is projected to commence.

Commenting on the drilling program, Critical Minerals Group Managing Director, Scott Winter said: 

“With the recently announced metallurgical results coming from the upper parts of the orebody we have been encouraged by how well we have been able to enrich and achieve great concentrate grades with a minimal amount of test work. This has given us the confidence to plan and implement a further drill program targeted at generating enough ore body samples to plan for a larger-scale pilot-scale processing test program. The material will also give us the ability to further refine the existing flow sheet and define the parameters for the pilot scale.”

This initiative by Critical Minerals Group Limited signifies their commitment to advancing the Lindfield Vanadium Project and harnessing its potential.


About us:

Critical Minerals Group Limited (ASX:CMG) (the Company) is an exploration company with the principle focus of developing critical minerals projects. CMG was formed to identify, secure, acquire and develop critical mineral resource tenements in proven regions in Australia. 


Contact details:

Jane Morgan

jm@janemorganmanagement.com.au

Media

More from this category

  • Finance Investment, Oil Mining Resources
  • 01/12/2023
  • 09:50
Aurumin Limited (ASX: AUN)

Aurumin Limited (ASX: AUN) – APPOINTMENT OF DIRECTOR – DANIEL RAIHANI

Aurumin Limited (ASX: AUN), ASX-listed mineral exploration Company, is pleased to announce the appointment of Daniel Raihani as a non-executive director, effective as of today. This strategic addition to the board is expected to bring a wealth of experience and insight to the Company. Daniel Raihani, a seasoned Accountant and Tax Professional, is known for his extensive executive-level experience in both for-profit and not-for-profit sectors. His appointment comes at a time when Aurumin Limited is poised for significant growth and development. As the beneficial owner of 7 Enterprises Pty Ltd, which has recently become a substantial shareholder in Aurumin Limited,…

  • Contains:
  • Finance Investment
  • 01/12/2023
  • 08:52
Hut 8 Corp.

Hut 8 and USBTC Announce Completion of Business Combination

Shares of Hut 8 Corp. common stock are expected to begin trading on Nasdaq and the TSX on December 4 under the ticker symbol “HUT”Completion of the transaction creates a strong, diversified, and infrastructure rich organization with a pipeline of greenfield and brownfield opportunitiesTORONTO and MIAMI, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Hut 8 Mining Corp. (Nasdaq | TSX: HUT), ("Hut 8” or the “Company”) one of North America’s largest, most innovative digital asset mining pioneers and high performance computing infrastructure providers, proudly announces the completion of its business combination pursuant to which Hut 8 and U.S. Data Mining Group, Inc.…

  • Energy, Finance Investment
  • 01/12/2023
  • 06:01
Friday 1 December 2023

INDUSTRY SUPER BLUEPRINT TO ACCELERATE INVESTMENT IN ENERGY TRANSITION

Faster approvals for transmission projects, removing regulatory barriers to battery projects and the development of a local Sustainable Aviation Fuel (SAF) industry are some of the key recommendations set out in a new plan which could super-power the energy transition in Australia, while delivering returns to superannuation members now and protecting their retirement savings in the future. Released today by major profit-to-member super funds, AustralianSuper, ART, CareSuper, Cbus, HESTA, Hostplus, Rest Super, UniSuper, representing around $1 trillion of industry super capital, and industry superfund-owned IFM Investors, Super-powering the energy transition: A policy blueprint to facilitate superannuation investment, identifies policy solutions…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time your distribute with Medianet. Pay per release or save with a subscription.