Vanadian Energy Corp V.VEC.H

Alternate Symbol(s): URCFD

Metals & Mining Industrial Metals & Minerals

Vanadian Energy Corp. is a Canada-based exploration company focused on exploring for vanadium deposits in Manitoba. The Company has the right to earn up to 100% interest in the Huzyk Creek Vanadium Property (the Property) in north-central Manitoba. The Property is located approximately 75 kilometers southeast of the town of Snow Lake, Manitoba, and consists of a Mineral Exploration License covering approximately 216 square kilometers. This area has seen significant exploration for base metal mineralization as it lies within the projected extension of both the Flin Flon/Snow Lake belt and the Thompson Nickel Belt.

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Vanadian Energy Corp

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Comment by seanyboyon May 22, 2007 9:19am

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Post# 12816447

RE: Pretty encouraging

Would someone please help me out with some number crunching? Specifically, what kind of grades are going to be enough for an economic deposit? And what is a typical processing cost per tonne? As far as I can figure, the 0.3 pounds per tonne, which is apparently what the Rössing pit ore is, gives $100/lb $30 a tonne... What sort of processing cost would you expect in an open pit? I read in an article about Uracan (lost the link) that less than $25 is possible, but that's not exactly an attractive margin... any help? Thanks.

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