ASX-listed Tando Resources on Wednesday announced encouraging first assay results from its Phase 2 drill programme at the SPD vanadium project, in the Bushveld Complex of South Africa.
The results included 14 m at 0.98% vanadium oxide from surface, 11 m at 0.99% vanadium oxide from 17 m and 10 m at 1.17% vanadium oxide from 35 m, which demonstrated the viability of developing the SPD project through openpit mining.