- Surefire believes it is well positioned to develop and unlock the commercial opportunity at its Victory Bore-Unaly Hill vanadium project.
- Currently, the project holds Inferred Resources of 237Mt with 0.43% vanadium pentoxide (V2O5), 24.9% Fe and 5.9% TiO2.
- Currently, Surefire is planning a proposed diamond drilling program at the vanadium project.
Shares of Surefire Resources NL (ASX:SRN) zoomed 20% following the company’s strategic announcement discussing its plans to advance on the Victory Bore-Unaly Hill vanadium Project.
SRN traded at AU$0.024 on 19 April 2022 with a market capitalisation of AU$22.59 million. On the back of significant milestones, shares of the company have surged by ~140% since the beginning of 2022.