Australian Vanadium: Receives $112k grant from WA Govt.

  • Australian Vanadium (AVL) has granted up to $112,500 from the WA Government for drilling at its Coates project near Wundowie
  • The funding granted under Western Australia’s Exploration Incentive Scheme (EIS) program for the 2021/22 financial year
  • Coates is a nickel, copper, platinum group elements and gold project that is located 35 kilometres northeast of Perth in the Shire of Northam, near Wundowie
  • The company has drilling locations approved for the proposed program, and drilling will commence when internal resources are available
  • Drilling at Coates will include 11 drill holes and will commence once internal resources become available
  • On the market this morning, AVL is in the grey and trading at 2.3 cents per share
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...