Vanadium Mining - The Lindfield Project

 

Vanteq Minerals:
The Lindfield Project

Vanadium and High-Purity Alumina (HPA)

EPM 27872

 

Critical Minerals Group (CMG) is a 100% owner of the Lindfield project, a 295km² tenement in Northwest Queensland located near the town of Julia Creek.

As one of the leading Vanadium mines Australia wide, this project has a JORC Inferred resource of 363mt @ 0.43% V2O5 and 4.8% Al2O3, includes Indicated Resource of 254mt @ 0.44% V2O5.

The Vanadium is partially contained within the oxidized zone which has significant benefits.

•      V2O5 grades are typically higher in the oxidized zones than in the deeper fresh zones.

•       Other minerals are likely to be present, including HPA and Mo, based on surrounding tenement drill results.

•       Significantly lower Vanadium mining costs due to a low strip ratio.

Location and Infrastructure

The Lindfield Project (EPM 27872) is located approximately 30Km’s North-East of Julia Creek township in the north-western area of Queensland in the Eromanga Basin, as shown in Figure: 1. Julia Creek is a regional town situated 655 km by road to the West of Townsville and 255 km East of the mining town of Mt Isa.

As one of the upcoming Vanadium mines Australia wide, the Lindfield Project is intersected by the main infrastructure corridor of the Flinders Highway and the Great Northern Railway line and all essential services and facilities.

Power – Grid Power Access.

Rail System – The nearest railway is situated within a few kilometres of the project area.

Roads – Northwest Qld has an excellent network of roads, and the main surrounding roads are asphalt.

Water –Available Surface water

Port – The port of Abbot Point is accessed via road and rail.

Vanadium Mining - Our Resource

Lindfield consists of EPM 27872, which covers an area of approx 295km².

The JORC inferred resource of 363mt @ 0.43% V2O5 and 4.8% Al2O3 is hosted within the Toolebuc Formation. The deposit is shallow and outcrops at the surface, with a cut-off grade of 0.30% V2O5.

High-Purity Alumina (HPA) is also likely to be present based on historical drill results.

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Project Geology

The Early Cretaceous Toolebuc Formation is the target geological horizon at the Julia Creek Project. This stratigraphic unit occurs throughout the Eromanga and Carpentaria Basins in eastern, central and northern Queensland and into portions of the Northern Territory and South Australia.

 The Toolebuc Formation is an early Cretaceous aged sedimentary unit that consists of an upper interbedded limestone (coquina) and shale unit. The Toolebuc Formation outcrops at the margins of the Eromanga and Carpentaria basins or, in the case of the Julia Creek area, where it is draped over an original basement high (the St Elmo Structure). Where the unit outcrops, it forms low rubbly, topographic highs.