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Tando is a junior exploration company which recently acquire the rights to 73.95% of a globally significant vanadium project (the SPD Project).
Vanadium intersections in drilling at the SPD Project have returned >1% V2O5 with associated titanium mineralisation in magnetite units. Grade in concentrate (magnetic separates) averages 2% V2O5 and 13% TiO2. Drilling has been used to estimate a resource > 500Mt under the SAMREC Code (a "foreign resource" as defined in the ASX Listing Rules) as detailed here. Drilling and other activities are underway on site with the aim of fast tracking near term production. Tando also owns 100% of 3 projects located in the Pilbara region, Western Australia. High grade zinc-copper mineralisation has previously been intersected in drilling at the Quartz Bore Project while the Mt Sydney Project is located along strike from Rumble Resources' Braeside Project.