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EXPLORATION

AXF to refresh kerogen shale hopes

MINERALS explorer Intermin has signed a heads of agreement with private concern AXF Resources that could unlock a vast vanadium and molybdenum deposit bound within the vast kerogen shale strata of the Cretaceous Toolebuc Formation.

Haydn Black
Shale cores from Julia Creek.

Shale cores from Julia Creek.

The $6 million agreement covers Intermin's Richmond project in north-western Queensland and metal rights owned by Intermin on nearby properties associated with Global Oil Shale's Julia Creek project. ...

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