Audalia Resources Limited is an ASX-listed company (ASX Code: ACP) the owner of the Medcalf Vanadium/Titanium Project located in the premier Lake Johnston nickel-producing region of Western Australia.
The Medcalf Project represents a low cost high-margin development opportunity. The mineral resource at Medcalf Project is 32Mt grading 49.2% Fe2O3, 0.47% V2O5 and 8.98% TiO2. Several test work results have confirmed that two market accepted products can be produced from the Project. The product line consists of
1. High Titanium Lump Ore; and
2. Concentrate Fine Ore
The simple geology of the orebodies at Medcalf allows straightforward open pit mining and concentration of iron, vanadium and titanium. The mineralisation is at surface resulting in extremely low strip ratio of only 0.26:1 (waste:ore). Medcalf Project will be developed in stages starting with the production of high titanium lump ore, while retaining flexibility in the products it sells. The Medcalf Project will be one of the lowest cost, high margin, and multi products project developed in the region.