Australian Vanadium Limited Provides Update on Caotes Vanadium Deposit

Australian Vanadium Limited (ASX: AVL) has announced that its latest application for a Programme of Works on E70/4924-I over the Coates vanadium deposit, has been approved by the Western Australian Department of Mines, Industry Regulation and Safety.

Key Highlights:

·         Coates Vanadium deposit is situated about 35km east of Perth in the Shire of Northam near Wundowie;

·         The application is for drilling up to 15 diamond core holes at the Coates deposit, concentrating on the Vacant Crown Land (VCL) portion of the tenement.

At AEDT 01:01PM, the stock was trading at $0.010 per share, no change from its previous close.

·         Coates Vanadium deposit is situated about 35km east of Perth in the Shire of Northam near Wundowie;

·         The application is for drilling up to 15 diamond core holes at the Coates deposit, concentrating on the Vacant Crown Land (VCL) portion of the tenement.

At AEDT 01:01PM, the stock was trading at $0.010 per share, no change from its previous close.

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