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Vanadiumcorp Resource Inc V.VRB

Alternate Symbol(s):  VRBFF

VanadiumCorp Resource Inc. is a Canada-based critical metals company. The Company is engaged in the acquisition and exploration of mineral properties in Canada, with a primary focus on the exploration of the Lac Dore and Iron-T Properties in Quebec. The Company produces a stream of quality vanadium electrolytes for Vanadium Redox Flow Batteries (VRFB). The Iron-T Property is located in the Nord-du-Quebec administrative region in the Province of Quebec, approximately 15 kilometers (km) east of Matagami and 780 km northwest of Montreal. The Lac Dore Property is located approximately 27 km east-southeast from the City of Chibougamau, in Eeyou Istchee James Bay Territory, Nord-du-Quebec administrative region, Province of Quebec, Canada. The Lac Dore Project comprises two claim blocks, referred to as Lac Dore Main and Lac Dore North. The Lac Dore Main claims cover an area of 648.82 hectares (Ha), and the Lac Dore North claims cover an area of 4,637.87 Ha.


TSXV:VRB - Post by User

Bullboard Posts
Post by jsnfernleyon Jul 26, 2017 6:47pm
103 Views
Post# 26513744

explman

explmanThe latest 43-101 report for Lac Dore clearly shows the pit outline on Figure 4a, it's after page 39.  There don't appear to be any issues with the pit outline and the surrounding properties. 

You state that bench scale studies cannot be used for a a PEA.  Commerce' last PEA for their REE property had sections for Mineral Processing and Metalurgical Testing not complete at the time of publishing.  Cracking for the REE's in the concentrate produced was not decided either for in house or sent to an outside processor.  This is for a deposit with an in situ metal value in excess of US $50 billion.

The next PEA will probably have the benefit of at least some iron value recouped, possibly both some Fe and Ti.  Capital and operating costs will change, but I think the new technology is worth the wait on the PEA.
Bullboard Posts