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Old 01-13-2016, 09:30 AM
Sparty Sparty is offline
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Default Richmond Oil Shale, Vanadium + Mo Project, one of the world's largest vanadium d

Richmond Oil Shale, Vanadium + Mo Project, one of the world's largest vanadium deposits, is located in North QLD.
  • Located 50km north of Richmond QLD, granted tenements covering 2,300km2
  • Oxide JORC compliant Measured, Indicated & Inferred Resource of 5.308 billion tonnes grading 0.375% V2O5 + 295g/t MoO3 including the high-grade Lilyvale Resource:
  • 87.7Mt grading 0.55% V2O5 + 384g/t MoO3
  • Potentially very large Oil Shale Resources recoverable via Open Pit mining 15-60 metres depth
  • Conceptual Target of 500-1,000 million barrels of oil
  • IRC retains ownership of metal values in the Julia Creek tenements held by Global Oil Shale plc
  • Metallurgical Testwork on upgrading oil shale in progress
More about IRC here: http://www.australian-shares.com/mining/IRC
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