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Vertical Exploration Inc V.VERT

Alternate Symbol(s):  CVVRF

Vertical Exploration Inc. is a junior mining company with exploration and evaluation assets in Canada. The Company is engaged in identifying, acquiring, and advancing mining prospects located in North America for the benefit of its stakeholders. Its flagship St-Onge Wollastonite property is located over 40 kilometers (km) north of the small town of St-Ludger-de-Milot and some 90 km northwest of the city of Saguenay, in St-Onge township, in the Saguenay-Lac-St-Jean region of Quebec Province. The two Quebec properties held by the Company are in the region surrounding its St-Onge project are the La Petite Riviere Peribonka and Menard Wollastonite claims located just north of Lac-Saint-Jean, consisting of a total of 35 mining titles (1960 hectares) and the Le Grand Etang Block claims, consisting of 11 mining titles (616 hectares). It has an option agreement to earn a 100% interest in four strategic wollastonite properties, including two located near the St-Onge Wollastonite project.


TSXV:VERT - Post by User

Post by RealVertxincon Feb 22, 2021 8:21am
220 Views
Post# 32624410

NEWS: Strong Results from 2020 R&D Program with Agrinova

NEWS: Strong Results from 2020 R&D Program with Agrinova

 

ORIGINAL: Vertical Announces Strong Results From Its 2020 Wollastonite Research and Development Program With Agrinova

 

2021-02-22 08:00 ET - News Release

 

VANCOUVER, BC / ACCESSWIRE / February 22, 2021 / VERTICAL EXPLORATION INC. (TSXV:VERT) ("Vertical"or "the Company") would like to provide an update regarding the positive results it has received from its 2020 Crop Year research and development program that was conducted by AGRINOVA using wollastonite from the Company's St-Onge deposit. All of the research and testing for the 2020 program was managed and monitored by AGRINOVA, a highly regarded Center for Research and Innovation in Agriculture in Quebec, in an effort to optimize the potential agricultural uses of wollastonite and help improve production methods for farmers and agricultural companies located in Quebec.

Vertical first appointed AGRINOVA in 2018 to carry out a series of research programs related to the development of a range of agricultural applications for the Company's St-Onge wollastonite deposit located near Lac-Saint-Jean, Quebec.

In its 2020 program report AGRINOVA again reported positive and encouraging results for Vertical's wollastonite related to agricultural applications, similar to past reports it provided to the Company during its 2018 and 2019 research and development work. AGRINOVA again noted that wollastonite has many important potential agricultural benefits including biological pest control, increased crop yields achieved by enhancing plant immunity, and having unique properties that allow it to serve as a natural bedding for odor management and improved animal hygiene.

AGINOVA's 2020 field research program involved working with an agricultural producer from the Nordic Organic Field Crops Innovation Group that volunteered to test Vertical's wollastonite on its farm with technical and scientific support from AGRINOVA. The main objective of the 2020 program was to experiment with the application of wollastonite in Nordic's organic field crops, Including comparing the yields obtained with and without the application of wollastonite and to briefly assess the marginal benefits per hectare of such application.

In spring 2020, two experiments were set up to test the application of wollastonite in human food wheat (a grass) and organic soybeans (a legume) at the producer's farm. The full-block devices included four application rates of wollastonite (0, 1.2, 2.5 and 5t /ha), as recommended in the original 2018 study. The results clearly indicate that the application of wollastonite increases yields at prescribed doses - the reported increase was 8% in organic wheat and 7% in organic soybeans. Most importantly, AGRINOVA calculated that the financial benefits of applying wollastonite at a rate of 2.5 kg/ha are calculated to be in the order of $125/ha for wheat and $150/ha for soybeans. Additionally, a saving in lime costs linked to the product equivalence of approximately $50/ha was estimated.

At the conclusion of its 2020 report, AGRINOVA summarized that "the application of wollastonite can be a beneficial way to improve the yields of organic field crops". Furthermore, AGRINOVA has also proposed that further in-depth experimentation with the application of the St-Onge wollastonite product, utilizing different crops and repeated over a minimum of three years, is warranted to define and describe its full beneficial effects (benefits linked to neutralizing power versus benefits linked to silica and its power to confer resistance to biotic and abiotic stresses).

ABOUT AGRINOVA

AGRINOVA (www.agrinova.qc.ca), the Center for Research and Innovation in Agriculture, is a Technology Access Centre located in Alma, Quebec that provides technical help and services to farmers and agricultural companies throughout the province in order to help them access new technologies and assist them with the adoption of innovative new technologies and practices. AGRINOVA's technology support focuses primarily on consumer concerns (milk quality); reducing greenhouse gas (GHG) emissions; organic or natural products; comfort and well-being of animals; digital adoption; and the economic efficiency of companies.

ABOUT VERTICAL EXPLORATION

Vertical Exploration's mission is to identify, acquire, and advance high potential mining prospects located in North America for the benefit of its stakeholders. The Company's flagship St-Onge Wollastonite property is located in the Lac-Saint-Jean area in the Province of Quebec.

ON BEHALF OF THE BOARD

Peter P. Swistak, President/CEO

FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770

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