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

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

Date:

  • 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

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