RE:Apella News ReleasesAs I have mentioned so many times before , I don't think APA/ PC/ VRB apears to be a good comfort fit for you. If I felt as uncomfortible as you I would sell and move on.
In any case the last update sould be reasuring as to the implied value and ability of the present managment and new alliances to move Lac Dore forward.
Bringing ISO on will reduce the costs to bring in a compliant 43 101 as the information is allready in thier data base and bringing it into 43 101 compliance in a time and cost efficient way is reasuring to me. I see a commitment to advance the project, which is all I ever wanted or expected.
Vanadiumcorp hires IOS for Lac Dore NI 43-101 report
2013-11-27 09:37 ET - News Release
An anonymous director reports
VANADIUMCORP RETAINS IOS SERVICES GEOSCIENTIFIQUES TO COMPLETE A RESOURCE ESTIMATE ON ITS LAC DORE PROJECT
Vanadiumcorp Resource Inc. has retained IOS Services Geoscientifiques Inc. for the purpose of advancing its vanadium projects in Quebec. IOS, a thoroughly independent consulting firm, was the contracted developer and project manager of the Lac Dore project by its previous owner. IOS will utilize its extensive knowledge and data applicable directly to the significant mineralization present on Vanadiumcorp's Lac Dore mining claims.
IOS has been mandated to provide a technical report according to National Instrument 43-101, including an update of the resource estimate as well as recommendation in order to reactivate the former feasibility study conducted on the project by SNC-Lavalin in 2002. Due to this strategic input, projections of time frames and capital requirements for advancing the Lac Dore vanadium project have all decreased significantly. Vanadiumcorp is targeting NI 43-101 compliance of the Lac Dore project by the first quarter of 2014. The ability to access many years of data with the former main project manager of the Lac Dore deposit will save significant time, share dilution and capital requirements.
IOS is the largest consulting firm in geology in the province of Quebec, Canada, having been involved with more than 1,200 projects. Rejean Girard, PGeo, president and general director, will act as project manager for Vanadiumcorp's 100-per-cent-owned Lac Dore project and qualified person responsible for the disclosure of scientific or technical information related to the company's projects in Quebec, Canada. Mr. Girard is a qualified person in accordance with the requirements of NI 43-101. His extensive experience with the development of the Lac Dore property will play a key role moving the project forward. Alliances with the former developers of Lac Dore are necessary in establishing the project globally and advancing toward production.
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