Richmond Vanadium Technology Ltd

Richmond Vanadium Technology Limited is an Australia-based minerals exploration company. The principal activity of the Company includes mineral exploration and development with a focus on vanadium resources. The Company is focused on its 100% owned Richmond-Julia Creek Vanadium Project in North Queensland. The Richmond-Julia Creek Vanadium Project is a non-titanomagnetite vanadium deposit. The Richmond-Julia Creek Vanadium Project is situated between the towns of Julia Creek and Richmond in North Queensland. The Project is approximately 500 kilometers (km) west of Townsville and 400km east of Mount Isa on the main east-west Flinders Highway. The Project consists of five tenements (EPMs 25163, 25164, 25258, 26425, and 26426) totaling around 1,403 square kilometers and comprises three main prospects; Lilyvale, Manfred and Rothbury. Its project has developed a metallurgical process flow sheet using conventional technology relating to the method for concentration of vanadium ore.