May 09, 2019

Seismic survey work kicks off at Julia Creek project

Seismic survey work kicks off at Julia Creek project The project contains vanadium pentoxide as well as oil shale.

QEM has started a seismic surveying program on its flagship Julia Creek project in North-West Queensland.

The company has engaged Velseis to conduct the survey, which aims to increase the geological confidence of the deposit.

QEM say the seismic data gathered through the survey will play an important role in the assessment of potential mine designs and also in the process of planning the pre-feasibility study for the Julia Creek project.

“The commencement of the seismic program is an import step towards the development of QEM’s flagship Julia Creek vanadium / oil shale project,”
QEM executive director David Fitch said.

“The data gathered through this survey, coupled with the upcoming drill program, will well position the company in further developing this exciting opportunity.”

Last year the company upgraded the size of the project’ss JORC Inferred Resource to 1700Mt at 0.34 per cent vanadium pentoxide (V205), with an estimated oil shale resource of 589MMbbls.