Ferro-Alloy Resources Ltd - Balasausqandiq vanadium deposit in southern Kazakhstan - Completes half of the ongoing drilling programme at its Balasausqandiq vanadium deposit. Early results of an 800 metre section of ore bodies 1 show a 75% increase in volume and tonnes. Metallurgical recovery into leach of 93% confirmed.

The phase one study is expected to complete around the middle of 2023.

Current stock price: 12.86 pence, up 2.5% in London on Friday

12-month change: down 60%

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