# Ferro-Alloy Resources Balasausqandiq feasibility study update

- Link: https://www.directorstalkinterviews.com/ferro-alloy-resources-balasausqandiq-feasibility-study-update-3/4121095170
- Published: 2022-12-20T07:15:23+00:00
- Author: Anthony Fox

**[Ferro-Alloy Resources Limited](https://www.directorstalkinterviews.com/company/ferro-alloy-resources/far.l)**(
[LON:FAR](https://www.directorstalkinterviews.com/company/ferro-alloy-resources/far.l)),
the vanadium producer and developer of the large Balasausqandiq vanadium deposit
in Southern Kazakhstan, has announced an update on the ongoing feasibility study
into the large Balasausqandiq vanadium project.

**Drilling**

As previously announced, the drilling programme for Phase 1 of the Feasibility Study
has been completed and an updated resource estimate for Phase 1 will be announced
during Q1 2023. Similarly, the drilling programme for Phase 2 of the Feasibility
Study has been completed as far as possible and the Company is assessing drilling
options for a residual area of difficult topography.  

**Metallurgy**

Metallurgical test-work continues to advance at SGS Lakefield under the supervision
of TetraTech.

Extraction of vanadium during acid leaching continues to be above expectations with
94-97% vanadium extraction into solution.  The test-work programme will also complete
subsequent phases of vanadium, uranium, molybdenum and potassium alum extraction
stages, and solid liquid separation tests.  

**Carbon**

Additional technical studies are advancing to understand and validate the potential
use of the carbon-rich tailings for the production of a carbon black substitute 
for the making of rubber and as a feed for the production of ferro silicon.

**Feasibility Study Engineering**

The open pit geotechnical drilling has commenced and will continue into 2023.  The
results of the drilling and subsequent mechanical testing programme will be used
to confirm the open pit slope design.  In addition, a geophysical survey of the 
water supply bore field area is underway.  The results of the survey will be used
to define the fieldwork programme required to define the water extraction bore field
required to support the projects water needs. 

The open pit hydrogeology drilling is currently being contracted per the scope defined
by SRK Consulting (Kazakhstan) Limited.  The drilling is expected to commence in
early 2023.

**Publication Timetable**

As previously announced, the Company’s Feasibility Study for Phase 1 of the project(
processing 1 million tonnes of ore per year) was expected to be published during
the middle of 2023.

Following unscheduled delays during the course of 2022, in the main as a result 
of capacity issues within the mineral analysis industry, the Company now expects
the Feasibility Study for Phase 1 of the project to be published during Q4 of 2023
as opposed to the middle of 2023 as previously reported.    

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