VANCOUVER, BC, June 17, 2020 /CNW/ - VanadiumCorp Resource Inc.
(TSXV: VRB) (the Company") is pleased to announce it has engaged
Vancouver- based mining consulting
firm CSA Global to carry out a Mineral Resource Estimate on the
Company's Lac Doré Vanadium property. Work on the Mineral Resource
Estimate is expected to commence as soon as the complete assay
results from the two remaining drill holes from the summer-fall
2019 infill and extension drilling program (total: 37 holes) are
received. The maiden mineral resource estimate for the Lac Doré
Vanadium property will be prepared in accordance with National
Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI
43-101").
CSA Global (an ERM Group Company) is an international mining
consulting company that provides technical and expert services,
training, and independent corporate advice to public and private
mining companies, financial and legal groups. CSA has provided
services to clients across all mineral commodities and regions
globally for over 35 years. The work on the Mineral Resource
Estimate will be led by Dr. Luke
Longridge, a senior structural and economic geologist with
CSA Global. Dr. Longridge has extensive experience exploring for
and developing vanadiferous titanomagnetite deposits, having
formerly worked as Exploration Manager for Bushveld Minerals before
moving to Canada. Dr. Longridge is
a registered Professional Geoscientist (P.Geo) in British Columbia and Québec.
Mr. Adriaan Bakker, President and
CEO of Vanadiumcorp states, "We are pleased to have engaged CSA
Global to prepare the maiden mineral resource estimate (MRE) for
our Lac Doré Vanadium property. The MRE is an important piece of
work that will be required by the Company to advance the project
onto the preliminary economic assessment, the next stage of the
resource appraisal process. We look forward to CSA Global
completing the maiden MRE for Lac Doré by year-end 2020."
About VanadiumCorp Resource Inc.
VanadiumCorp is an integrated technology and mining company
focused on developing an exclusive clean energy storage supply
chain with XRG® vanadium redox flow battery technology, jointly
owned process technology and it's wholly-owned and strategic
vanadium resource base in mining-friendly Quebec, Canada. The Company's key mining
assets contain vanadium, titanium, and iron in VTM and include the
Lac Doré Project adjacent to Blackrock Metals Inc. and the Iron-T
Project near the Glencore (Bracemac-McLeod) Matagami Copper-Zinc
Mine.
On behalf of the board of VanadiumCorp:
Adriaan Bakker
President and Chief Executive Officer
SOURCE VanadiumCorp Resource Inc.