Thor And Arafura Set To Advance Vanadium Project

Thor Mining and Arafura Resources plan to further advance exploration of and assess potential development options for the Jervois Vanadium Project in the Northern Territory, Australia.

The project, a joint venture between Arafura (60 per cent) and Thor (40 per cent, is located in the Northern Territory of Australia, approximately 290 kilometres east-northeast of and 360 kilometres by road from the nearest city Alice Springs.

Whilst substantial work was performed by others previously, in 2004, Arafura completed a review of all of the previous exploration data available for the Jervois Project area. From this work, the Attutra Metagabbro was identified as an area of interest for Fe/V and Au/PGE potential.