Welcome Stockaholics!

We are a new and fast growing financial forum! Sign up for free and let's talk stocks!

  1. Do you want to help develop this community? We are looking for contributions from investors and traders like you! What stocks do you follow? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing financial forum!
    Dismiss Notice
  2. You will notice a live chat widget on the right. Click in to join us and lets hear about how you nailed that last UWTI trade!
    Dismiss Notice

Vanadium Corp,a junior miner that will start to harvest this for the first time in Canada!

Discussion in 'Canadian Stocks Message Boards' started by Intern shIp, Aug 29, 2019.

  1. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
    This article is two years young almost yet I deem it interesting for those that are looking for interesting prospect that could pick up in the future. Not everyone can afford expensive stocks and the way the market is going... anyways just doing my homework, have a nice autumn!





    VanadiumCorp applauds the Government of Québec $248 million investment in the BlackRock Metals project and the development of the Grande-Anse Sector





    [​IMG]
    NEWS PROVIDED BY

    VanadiumCorp Resource Inc.
    Aug 22, 2018, 19:22 ET

    SHARE THIS ARTICLE


    • BlackRock Metals is a Canadian-based mining company headquartered in Montreal with a regional office in Chibougamau .
    • Established within the Ministry of the Economy, Science and Innovation and managed by Ressources Québec, as an agent, the Capital Mines Hydrocarbures fund has a $1 billion envelope and allows the government to Québec acquires equity interests in companies that exploit and process mineral substances in the State domain. This fund aims in particular to support the implementation of the Plan Nord, by constituting an additional source of financing for the realization of private investment projects.
    • The Québec Maritime Strategy aims for an optimal and responsible use of Quebec's maritime potential. It will generate, by 2030, billions of dollars in investments and support the creation of 30,000 direct jobs in all regions of Quebec.
    • The establishment of industrial-port zones is one of the areas of intervention around which the Maritime Strategy is articulated. For more information on industrial-port zones, visit www.economie.gouv.qc.ca/zones.
    Source:
    News Release from Office of the Deputy Prime Minister, Minister of the Economy, Science and Innovation and Minister responsible for the Digital Agenda, August 21, 2018, 09:30 Eastern Time.

    About VanadiumCorp
    VanadiumCorp Resource Inc. is an innovative process technology and mining company dedicated to commercializing higher efficiency methods to sustainably recover critical metals. The energy of tomorrow will be radically different than the past. Innovation will prove essential to meeting the world's growing energy needs sustainably. Vanadium electrolyte is the key to sustainable energy storage and the wide-spread deployment of renewable energy. VanadiumCorp-Electrochem Process Technology "VEPT" is a sustainable, high-yield, high-efficiency process for recovering vanadium, titanium and iron from virtually any vanadium-bearing source, including waste. VanadiumCorp also holds a significant vanadium-titanium-iron bearing resource base in mining friendly Quebec, Canada.

    On behalf of the board:

    Adriaan Bakker,
    President and Chief Executive Officer

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    SOURCE VanadiumCorp Resource Inc.

    [​IMG]
    For further information: contact VanadiumCorp: Adriaan Bakker, President, CEO, By phone: 604-385-4489, By email: [email protected], Website: www.vanadiumcorp.com



    https://www.blackrockmetals.com/about-us
    BlackRock started construction in October 2018 on its fully integrated, environmentally conscious metals & materials manufacturing operation, processing ore from its wholly-owned VTM deposit located in Quebec, Canada. Start of production is expected in 2021.
     
  2. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
    40 minutes old ;) Interesting Vanadium article from junior mining network !

    https://www.streetwisereports.com/a...ium-uranium-project-now-production-ready.html

    https://www.western-uranium.com/news/WUC_News_Release_Dec_16_2019.pdf

    Western Uranium & Vanadium Corp.'s (WUC:CSE; WSTRF:OTCQX) work this year advanced its Sunday Mine Complex Vanadium Project in Colorado to a production ready state, it announced in a news release. The company is currently stockpiling ore underground. The project is composed of five previously producing uranium/vanadium mines.

    Concurrently, Western Uranium is working to complete the three surface infrastructure projects required to fulfill Colorado Division of Reclamation, Mining and Safety requirements. The company expects to have all of them finished by the end of January 2020, thereby allowing first material shipments of ore to go out in February.

    Already done are covering the legacy low-grade uranium ore stockpile and building the upgraded storm water control structures. The energy company still has to have the three lined ore storage pads build. This could be started in early January 2020 as final engineering of the ore pads is in progress.
     
  3. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
    Just another from First Vanadium Corporation

    https://firstvanadium.com/index.php...adiumrovidesompellingravityapfortsewl20191217

    First Vanadium Provides Compelling Gravity Map for Its Newly Identified Gold Target on the Carlin Vanadium Project, Nevada
    Vancouver, British Columbia--(Newsfile Corp. - December 17, 2019) - First Vanadium Corp. (TSXV: FVAN) (OTCQX: FVANF) (FSE: 1PY) ("First Vanadium" or the "Company") is pleased to provide a regional gravity survey as support for the high-grade gold target identified by Dave Mathewson and announced November 12, 2019 on its Carlin Vanadium Project, 6 miles south of Carlin, Nevada. Many north-central Nevada Carlin-type gold mines and deposits are associated with gravity highs. Because of this, gravity surveys (a geophysical technique) have proven to be a paramount targeting tool for gold deposits in Nevada.

    The association of gravity highs with gold mines and deposits is visually striking in the accompanying figures encompassing the vicinity of the Carlin Vanadium Property, within the southern portion of the Carlin Gold Trend. The figure on the left is the regional structural interpretation by Mr. Mathewson showing north-south and west-northwest trending structures. Many gold mines and deposits fall along the identified structures such as with the Emigrant mine, North Bullion and Pinion deposits and the string of deposits/mines along the Rain fault (Rain, Tess, Saddle). The figure to the right, at the same scale, shows those same structures, mines and deposits, superimposed on a regional gravity map. What becomes very evident is the coincidence of the linear gravity high (red/purple colours) with these structures that host gold mines/deposits. The 9-mile north trending structure that cuts through the Carlin Vanadium Property also demonstrates a similar coincident gravity high in the figures. The Company's Carlin Vanadium Project covers 2 miles of the 9-mile long structure.

    [​IMG]

    Image 1: Structural interpretation and gravity maps

    To view an enhanced version of Image 1, please visit:
    https://orders.newsfilecorp.com/files/3372/50846_firstvan.jpg



    Mr. Dave Mathewson, renowned Carlin Gold Trend specialist and geological advisor to First Vanadium, interpreted the Carlin-style high-grade gold target at depth on the Carlin Vanadium Project (see news release dated November 12, 2019)based on a number of factors; his familiarity with the area, structure, regional gravity data, and mineralized and altered rock exposures and intercepts from drilling along the 9 mile trend.

    Paul Cowley, President & CEO, states, "Collectively these supporting features made a sound story but the convincing factor for Mr. Mathewson was the coincidental gravity anomaly. While the Company remains focused on advancing its vanadium resource through the completion of the ongoing Preliminary Economic Assessment (PEA), management sees this compelling gold target as a valuable augment and is currently exploring several options to advance it, including by strategic JV partners, while advancing its vanadium resource."

    Mr. Mathewson is a former Newmont Mining Corporation Regional Exploration Manager. Mr. Mathewson was instrumental in several significant gold discoveries in the Rain and Railroad Mining Districts in the southern portion of the Carlin Gold Trend, where the Carlin Vanadium Project is located. During the 1990's while at Newmont, Mr. Mathewson led the team which discovered the Tess, Northwest Rain, Saddle, and South Emigrant gold deposits in the Rain District, which total over 4 million ounces of gold. In 2009, he was a founder of Gold Standard Ventures Corp. (GSV-TSX and NYSE) and served as its Vice President of Exploration until 2015. During this period, his exploration team discovered the North Bullion gold and Bald Mountain gold/ copper deposits, as well as acquired the Pinion gold deposit, all in the Railroad District.

    About First Vanadium Corp.
     
  4. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
    2 hours ago this was released on junior mining network (regarding vanadium)
    https://www.juniorminingnetwork.com...m-property-amendment-to-option-agreement.html

    It seems that ever since the trade war threat loomed over America, a lot of company have been looking forward to tap into the North's Vast potential yield on the allow component because at the moment, most of those reserves that are being mined aren't here. As a matter of fact, they are, you've guessed it...overseas.
     
  5. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
    http://vanitec.org/vanadium/making-vanadium

    Vanadium Sources Vanadium is the 22nd most abundant element in the earth's crust, occurring more than 65 minerals [1]. Vanadium resources globally are estimated at 63 million metric tons with the majority located in China, Russia, South Africa and Australia [2].
     
  6. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
    https://www.miningglobal.com/compan...vanadium-cheaply-efficiently-and-sustainably#
    “We call vanadium the green metal, because it increases the strength of steel. When you put just one pound of it in a ton of steel it increases its strength by 40% or more, which means you don't need to use as much steel when making a car, for example,” explains Misk. “You can make the car lighter, which saves fuel, shipping costs, etc... Vanadium means there’s less environmental impact along the whole steel chain. The whole world should use vanadium to have a more environmental situation in the future.” The added strength that vanadium provides to manufactured steel had significant benefits for Largo Resources in 2018 when, in November, China introduced new quality standards for rebar production. “There was higher demand, low supply and a very low global inventory,” Misk says. “That's the perfect situation for increased price and that's what happened with vanadium.” Last year, according to Vanadium Price, the Chinese market price of V2O5 Vanadium Pentoxide Flake rose from $24.5/lb in August, to $45.1/lb in November.
     
  7. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
    Is the market set to rise again for Vanadium this year? Apparently *niobium* is considered a replacement, and while a lot of mining projects are on the rise worldwide regarding this interesting metal that gives the steel alloy far more anti corrosive components, some experts are wondering if it will see the price rise it had in 2018.

    Lots of miners are starting to extract some from the their mines even if they did not do so prior to finding it in the exploration&extraction phase.

    https://www.oilandgas360.com/vanadium-outlook-2020-is-vanadium-due-for-a-comeback/
     
  8. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
    These are from April, yet I forgot to mention them while being busy elsewhere. They are linked to the Vanadium metal. These two articles are a week apart in terms of publishing.

    https://m.energytrend.com/news/view/17030.html

    https://www.eurekalert.org/pub_releases/2020-04/uosc-usd040920.php

    Said Narayan: "To date there has been no economically viable, eco-friendly solution to energy storage that can last for 25 years. Lithium-ion batteries do not have the long-life and vanadium-based batteries uses expensive, relatively toxic materials limiting large-scale use. Our system is the answer to this challenge. We foresee these batteries used in residential, commercial and industrial buildings to capture renewable energy."
     
  9. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
    More recent Vanadium news...

    As mentioned above...

    They are working on something in California to use mining sludge as a way to power vanadium batteries, which are on the rise as a potential replacement for lithium ion batteries. Lots of dirt cheap stocks out there.

    Some prices point toward two different aspects of the metal (I'm no chemist and this is solely for the interest in conversational dialogue. I can't find the sample that looks like a <<gas mixing with water>> puddle, but this is just plain interesting.

    vanadium chloride: [​IMG]

    pentoxide:
    [​IMG]
    vanadium (quad) oxide:

    [​IMG]
     
  10. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
  11. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
    [​IMG] Vanadium, they found, is uncommonly good at shuttling electrons back and forth. (The electrolyte fluid even has a kind of built-in color indicator: With a full complement of electrons, it's lilac. When depleted, it's pale yellow. In the middle, it's blue-green.) https://www.wired.com/story/electric-grid-needs-big-vanadium-batteries/

    both of those links, above&below, contain the extensive history regarding this metal that was, until recently, only used in alloys. That, unbeknownst to most of the swordsman that wielded scimitars forged with said alloy.

    https://www.bbc.com/news/magazine-27829874

    https://www.energy-storage.news/new...ves-to-lithium-ion-shell-nrel-accelerator-say
     
  12. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
    A stockhouse article regarding *first vanadium* (https://firstvanadium.com/) released 14 hours ago (at time of publishing )
    https://stockhouse.com/news/press-r...itive-preliminary-economic-assessment-for-the


    WHY VANADIUM
    A Highly Sought, Strategic Mineral Critical to Industries Ranging from Steel to Utility Scale Battery Storage Technology

    The Mineral of Choice for Next Generation Battery Storage Technology and Renewable Energy Applications

    Vanadium's Advantages:

    • Used in Steel Manufacturing to Add Strength and Corrosion Resistance
    • One Third the Cost of Lithium Energy Storage and Batteries
    • Can Rapidly Release Large Amounts of Electricity
    • Great for Industrial Applications, Highly Scalable for Manufacturing
    • Vanadium Electrolyte is Reusable, Recyclable, and has a Battery Lifespan of 25+ Years
    • Non Flammable and Extremely Safe (3 reported fires with industrial scale Lithium Ion Battery applications)
    • Used in Power Grids and Micro-Grids to Substantially Improve Power Managemen
     
  13. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
    https://www.proactiveinvestors.com....nadium-redox-flow-battery-company-919994.html

    John Miller



    13:49 Wed 20 May 2020


    Investor deep dive

    Technology Metals drill and test results point to positive vanadium resource update

    read more >

    viewTechnology Metals Australia Ltd
    Technology Metals rises on signing MoU with leading vanadium redox flow battery company
    The MoU covers establishing a binding V2O5 offtake agreement and a JV to investigate the opportunity to produce vanadium electrolyte and establish a VRFB manufacturing base in Australia.

    [​IMG]
    A Big Pawer VRFB System at Xiangyang used for peak shifting
    Technology Metals Australia Ltd (ASX:TMT) is higher after signing an MoU with a leading vanadium redox flow battery (VRFB) company aimed at setting up a vanadium offtake agreement and investigating VRFB manufacturing in Australia.

    The MoU is with Big Pawer Electrical Technology Xiangyang Inc Co Ltd, which has VRFB research, development and manufacturing capabilities and has deployed VRFB systems to more than 20 locations globally.

    Two components of MoU
    It establishes the framework for a binding offtake agreement covering up to 5,000 tonnes annually of TMT’s proposed average 12,800 tonnes annual vanadium pentoxide V2O5 production from the Gabanintha project in WA’s Mid-West region.

    The MoU also covers a joint venture to investigate the opportunity to produce vanadium electrolyte and establish a VRFB manufacturing base in Australia.

    Diversified customer base
    As such, the agreement marks an important diversification of TMT’s customer base and scope to participate in downstream processing.

    It is also a significant first step in TMT’s vision of becoming a key participant in the stationary storage battery market.

    Managing director Ian Prentice said; “Our vision is for the very high purity Gabanintha vanadium product to play a significant role in the development of the domestic VRFB industry and this MoU marks a key first step in achieving that vision.

    “The diversification of customer base is also a key support for the development of the globally significant GVP.”

    A significant portion of TMT’s proposed production is now covered under binding offtake and MoU, including the recently announced 2,000 tonnes per annum binding offtake with CNMNC.

    Shares increase
    Shares up more than 37% to 16.5 cents intra-day.

    TMT and Big Pawer have agreed to use their best endeavours to negotiate a definitive and binding offtake agreement for the supply and purchase of V2O5 product that TMT intends to produce from the Gabanintha project.

    The other component of the MoU will see the parties negotiate the establishment of a JV to potentially produce vanadium electrolyte and establish a VRFB manufacturing base in Australia.

    Value-add opportunity
    This downstream value-add opportunity would utilise Big Pawer’s proprietary VRFB technology and TMT’s premium high-purity vanadium product.

    Big Pawer's executive director & general manager of VRFB Yu Longhai said, “We are very pleased to have established this relationship with Technology Metals Australia and aim to progress our offtake and joint venture discussions based on the principles of mutual benefit and respect.

    "This is an exciting opportunity for both parties, and we are very focused on developing this relationship.”

    Enhanced economic benefits
    The opportunity presented by the MoU further enhances the economic and social benefits for the Mid-West region of WA, the state and the nation that the development of Gabanintha is expected to generate over a long period of time.

    WA Minister for Mines & Petroleum and Energy Bill Johnson said: “I congratulate Technology Metals Australia on their MoU with Big Pawer which demonstrates the strength of Western Australia’s burgeoning chemical processing and battery technology sector.

    “Vanadium is proving to be a key component in battery technology and renewable energy storage and has been influential in forming the Western Australian Future Battery Industry Strategy, which was officially launched in January 2019.”

    Progressing Gabanintha development
    TMT is looking forward to continuing to work closely with the WA Government’s Lead Agency team, the Northern Australia Infrastructure Facility and other government agencies as it progresses the development of Gabanintha to be a producer of vanadium, a critical mineral with a vital role to play in the efficient and effective deployment of renewable energy.

    Vanadium’s strategic importance to the Australian economy has been recognised with its inclusion on the Australian Government’s list of critical minerals, further underlined with the establishment of the Critical Minerals Facilitation Office at the beginning of 2020.
     
  14. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
    Some more vanadium news, this time with Graphene! That just popped in the search results a few hours back, already, still, a very interesting information. Some of you might be interested into knowing that it can also elongate the life span of lithium ion batteries. (click on the article link and look ath the other realted subjects to see what I mean) This was developed in Canada so that's very nice, as far as I'm concerned.
    Researchers develop a novel graphene-vanadium flexible hybrid battery/supercapacitor
    https://www.graphene-info.com/researchers-develop-novel-graphene-vanadium-flexible-hybrid

    Researchers at the Graphene Integrated Functional Technologies (GIFT) Research Cluster at Queen’s University in Canada have developed a novel graphene-based flexible hybrid batterysupercapacitor device.

    [​IMG]

    The device consists of high specific surface area electrodes paired with an electrolyte, which contains a redox species that can exist in more than two oxidation states. The two initially equal half-cells of the device consist of a reduced graphene oxide hydrogel which encapsulates vanadium ions, synthesized with a single-step method.

    During charge, the oxidation state of the vanadium ions changes, resulting in two half-cells with different potentials which considerably increases the energy density. The achieved maximum capacity of more than 225 mAh g−1 is roughly eight times higher than that of comparable graphene hydrogel supercapacitors without vanadium content, but the potentiostatic charging time is only double.

    Operated as a supercapacitor, it retains 95% of the initial capacitance over 1000 cycles. As battery, the losses are more significant, retaining around 50% of the initial capacity. However, these losses during battery operation can be almost entirely restored by electric measures.

    The team mentioned that the vanadium ion addition also improves the self-discharge characteristics of the device. Moreover, the self-discharge does not permanently damage the hybrid device since both half-cells initially consist of the same vanadium graphene hydrogel and discharging resets it to initial conditions.



    The researchers have designed a facile method to synthesize a hybrid vanadium-graphene hydrogel having the redox activity of the vanadium ions and the high-surface-area of the 3D graphene framework. This device can be operated as a battery, supercapacitor, or hybrid, depending on the operating current density. Its unique power-handling capabilities make it suitable for a wide range of applications.

    In future work, the team plans to further increase the energy density of the device by optimization of the one-step synthesis of the vanadium graphene-hydrogel.


    Source:
    Advanced Functional Materials
     
  15. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
    More news on Australian Vanadium! They are now building a partnership with Australian Lithium& Chalice Gold mine. This is a very affordable stock at the moment and I'm buying more while I can ;) great looking for the long term.
    https://smallcaps.com.au/lithium-australia-australian-vanadium-mercator-base-metal-pge-coates/
    *released two hours ago in Australian News*

    Lithium Australia (ASX: LIT) and Australian Vanadium (ASX: AVL) have teamed up, along with private entity Mercator Metals, to explore for nickel, copper and platinum group elements (PGE) along the Coates Mafic Intrusive Complex which hosts Chalice Gold Mines’ (ASX: CHN) Jupiter project and its recent “significant discoveries”.

    Lithium Australia, Mercator Metals’ and Australian Vanadium’s tenements adjoin each other on the complex and will now be known collectively as the Coates project.

    The project is about 55km from Western Australia’s capital Perth and only 29km south-west of Chalice’s recent nickel-copper-PGE discovery.

    Earlier this week, Chalice reported further assays from its discovery at Julimar which confirmed “consistent high-grade” nickel, copper and PGE in fresh rock.

    The latest intersection was 75.1m at 6.2 grams per tonne palladium, 1.7g/t platinum, 1.7% nickel, 0.7% copper and 0.10% cobalt from 34.9m.

    “Chalice’s recent discovery of significant nickel-copper-PGE mineralisation at the Julimar project highlights the potential for additional discoveries in similar geological environments, and the Coates Mafic Intrusion, being so close, provides a tremendous opportunity,” Lithium Australia managing director Adrian Griffin said.

    Meanwhile, Australian Vanadium managing director Vincent Algar noted the discovery had generated a lot of interest in the region.

    “The strategic alliance today is intended to streamline exploration processes through seamless and efficient use of personnel and capital,” he added.

    Alliance terms
    Under the letter of understanding, Australian Vanadium, Lithium Australia and Mercator anticipate jointly exploring and potentially mining the project may have cost and efficiency benefits for all parties.

    The deal assumes each party will “generally be responsible for its own costs” and endeavour to keep its tenement in good standing for the duration of the agreement.

    Where there is a benefit for the parties, the companies may develop a joint dataset, combine mobilisation costs for exploration, share marketing activities and third-party joint venture party agreement documentation.

    Costs will be “borne equitably”.

    Additionally, the three parties envisage attracting a senior partner for the project, with the tenements remaining open to a joint venture development or combined sale.

    Advancing the Coates project
    All-up, the combined exploration licences for the three parties cover 59 square kilometres in the Shire of Northam.

    Initial work on the asset will involve compiling and sharing data including historical information, with the objective of building a single modern dataset that has identified potential hosts for base metal and PGE mineralisation.

    Following this phase, sampling and field mapping will be undertaken to produce an up-to-date geochemical and geological map.

    The companies are also evaluating the benefits of using ground electromagnetic geophysical surveys to identify sulphide-rich horizons.

    With the exploration time-frame dependent on permitting, Australian Vanadium and Lithium Australia anticipate drilling will begin in the September quarter.

    Facebook
     
  16. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
    Another wink from First Vanadium, this time regarding a project they're working on in Nevada. A stock that once was worth 10 times its actual price, if not an entire hundred!

    First Vanadium Seeks Tenders to Drill Gold Target in Carlin Gold Trend, Nevada

    TSX VENTURE: FVAN
    www.firstvanadium.com

    Mr. Paul Cowley reports:

    Vancouver, British Columbia--(Newsfile Corp. - May 27, 2020) - First Vanadium Corp. (TSXV: FVAN) (OTCQX: FVANF) (FSE: 1PY) ("First Vanadium" or the "Company") is pleased to announce that it is seeking tenders to drill its gold target in the Carlin Gold Trend in Nevada later this summer. The gold target has been identified by Dave Mathewson, a former Newmont Regional Exploration Manager.

    Key elements of the Carlin-style high-grade gold target are the location, people and supporting science:

    • Property located on the Carlin Gold Trend, tapping into the prolific Carlin Gold Trend gold plumbing system, the most productive gold belt in USA

    • Approximately 9 million ounces of gold in multiple deposits and past producing mines near the FVAN property (5-15km)

    • Credible, successful senior professional people including Dave Mathewson, an Ex-Newmont Regional Manager, and founder and Ex-VP Exploration of Gold Standard Ventures, responsible for discovering six Carlin-style gold deposits near the FVAN property (5-10km)

    • Gold target supported by compelling science: primarily, favourable comparison with several gold deposit settings in the Rain/Railroad Mining district
      • Right kind of structure (N/S) with an associated 2km x 600m alteration system (dolomite, gold, pathfinder metals, silicification) on FVAN property - all very typical for Carlin plumbing system and nearby gold deposits

      • N/S structure on FVAN property is subparallel to structures hosting many of the nearby Gold Standard Venture deposits and Newmont's past producing Emigrant mine

      • N/S Structure and alteration on FVAN property has similar gravity signature as nearby past-producing mines (Rain, Northwest Rain and Emigrant of Newmont)
    • Gold target defined by Dave Mathewson has not been drilled; all drilling to date has been to a depth of only about 60m, mainly for the vanadium resource; the gold target is within a lower stratigraphic unit below the vanadium resource on the same property

    • Dave Mathewson to spearhead the gold opportunity drill testing; hole selection, logging, synthesis; two stages of drilling planned this year
    Paul Cowley, President & CEO states, "We are now ramping up our planning to drill test this exciting target, guided by a proven mine finder, Dave Mathewson."

    The accompanying figure graphically shows many of the supporting features of the target on the property within the southern portion of the Carlin Gold Trend. The figure on the left is the regional structural interpretation by Mr. Mathewson showing north-south and west-northwest trending structures. Many gold mines and deposits fall along the identified structures such as with the Emigrant mine, North Bullion and Pinion deposits and the string of deposits/mines along the Rain fault (Rain, Northwest Rain, Tess, Saddle). The figure to the right, at the same scale, shows those same structures, mines and deposits, superimposed on a regional gravity map. The coincidence of the linear gravity highs (red/purple colours) with these structures that host gold mines/deposits are clearly evident. The north trending structure that cuts through the Carlin Vanadium Property also demonstrates a similar coincident gravity high in the figure.

    [​IMG]
    Image 1: Structural interpretation and gravity maps

    Mr. Mathewson is a former Newmont Mining Corporation Regional Exploration Manager. Mr. Mathewson was instrumental in several significant gold discoveries in the Rain and Railroad Mining Districts in the southern portion of the Carlin Gold Trend, where the Carlin Vanadium Project is located. During the early 1990's while at Newmont, Mr. Mathewson led the team which discovered the Tess, Northwest Rain, Saddle, and South Emigrant gold deposits in the Rain District, which total over 4 million ounces of gold. In 2009, he was a founder of Gold Standard Ventures Corp. (GSV-TSX and NYSE) and served as its Vice President of Exploration until 2015. During this period, his exploration team discovered the North Bullion gold and Bald Mountain gold/ copper deposits, as well as acquired the Pinion gold deposit, all in the Railroad District.

    About First Vanadium Corp.
    First Vanadium has an option to earn a 100% interest in the Carlin Vanadium Project, located in Elko County, 6 miles south from the town of Carlin, Nevada and Highway I-80. The Carlin Vanadium Project hosts the Carlin Vanadium deposit. A positive PEA on the vanadium resource was announced May 11, 2020.

    https://www.juniorminingnetwork.com...-gold-target-in-carlin-gold-trend-nevada.html
     
  17. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
    Again, some more news from an Australian Corporation (mining for vanadium, and very affordable) doing business with America:
    https://ca.proactiveinvestors.com/c...ew-us-uranium-and-vanadium-assets-920795.html

    Thor Mining raises A$970,000 to support acquisition of new US uranium and vanadium assets
    Thor already has significant experience operating in the US through its portfolio of tungsten assets

    [​IMG]
    Thor Mining PLC (LON:THR)(ASX:THR) has entered into an exclusive option to acquire 100% of the shares in American Vanadium Pty Ltd, a private Australian company, with interests in uranium and vanadium focussed projects in Colorado and Utah in the United States of America.

    The company is also raising A$970,000 to facilitate the deal, including a significant sum from Metal Tiger PLC (LON:MTR)

    American Vanadium Pty Ltd has 100% interests in 199 contiguous claims in the Uravan Mineral Belt in south western Colorado, and 100 claims in south eastern Utah approximately 40km north of the town of Moab.

    The Utah claims have reported extensive historical drilling with significant intersections of both uranium & vanadium.

    The Colorado claims include the Radium Mountain and Wedding Bell groups of mines with intermittent production activity over a period of more than 100 years.

    There is also a nearby processing plant which has historically taken third party ore for toll treatment.

    The consideration consists of an A$100,100 exclusivity fee, of which A$50,100 will be satisfied by the issue of 8.35mln shares, and a A$144,000 acquisition fee to be satisfied by the issue of 24mln shares.

    Future payments will be made over three stages and will amount to up to 102mln shares, subject to the achievement of project milestones.
     
  18. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
    • Up-and-coming Vanadium producer Australian Vanadium (AVL) has pocketed a $1.8 million government research and development refund
    • The cash is part of the Federal Government Research and Development Tax Incentive Scheme for the 2019 financial year
    • Companies taking on research and development work that can benefit the country were eligible for a tax offset
    • Given vanadium's uses in renewable energy and steel alloys, Australian Vanadium made the cut
    • The company now has $5.5 million cash on hand and is putting together a claim for a 2020 financial year tax refund
    • Shares in Australian Vanadium are up 5 per cent, currently worth 1.1 cents each
    Up-and-coming Vanadium producer Australian Vanadium (AVL) has pocketed a $1.8 million government research and development refund.

    https://themarketherald.com.au/aust...ockets-1-8m-government-tax-refund-2020-06-03/

    The cash grant is part of the Australian Federal Government's Research and Development (R&D) Tax Incentive Scheme for the 2019 financial year.

    The scheme is designed to encourage companies to take on R&D work that benefits Australia. Companies engaging in such work are eligible for a tax offset through the Australian Taxation Office and the Department of Industry, Science, Energy, and Resources.

    For Australian Vanadium, the company's FY19 R&D work was focused on finding ways to produce vanadium from poly-metallic ore for vanadium redox flow batteries (VRFB) and steel applications.

    VRFBs are designed to create reliable and safe storage of renewable energy. Vanadium can also be used to make steel alloys for space vehicles, nuclear reactors, aircraft, and more.

    With these and many more uses, the metallic element can be beneficial to the country in several ways.

    With the extra $1.8 million in the bank, Australian Vanadium now has $5.5 million in available cash on hand.

    Further, Australian Vanadium said it is in the process of putting together a claim for its 2019/2020 R&D work.

    The company is building up a vanadium production facility in Western Australia and negotiating offtake agreements with U.S., European, and Asian partners.

    Shares in AVL are up 5 per cent and shares are currently worth 1.1 cents each in a $25.61 million market cap.
     
  19. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
    The article above was an hour young, this one is from earlier today (15 or so hours ago)

    https://m.miningweekly.com/article/us-launches-section-232-probe-into-vanadium-imports-2020-06-02

    The petitioners assert that domestic industry is adversely impacted by unfairly traded low-priced imports, limited export markets due to value-added tax regimes in other vanadium producing countries, and the distortionary effect of Chinese and Russian industrial policies.

    Vanadium is used in the defence industry and critical infrastructure. It is integral to certain aerospace applications. The US is almost entirely reliant on imports for the material.


    The US has initiated a probe into vanadium imports to determine whether the “present quantities and circumstances of imports threaten to impair national security”, US Secretary of Commerce Wilbur Ross announced on Tuesday.

    The investigation follows a petition filed by domestic producers AMG Vanadium and US Vanadium, requesting an investigation under Section 232 of the Trade Expansion Act.


    the country produced an estimated 470 t of contained vanadium In 2019, whereas its apparent consumption was 8 300 t, Cccording to the US Geological Survey.

    The US imports ferrovanadium from Austria (48%), Canada (22%), Russia (14%), Korea (11%) and other countries (5%). Vanadium pentoxide comes from South Africa (44%), Brazil (29%), China (11%), Taiwan (6%) and other countries (10%).

    “We will conduct a thorough, fair, and transparent investigation to determine whether vanadium imports threaten to impair US national security,” Ross said in a statement.

    The investigation, conducted by the Department’s Bureau of Industry and Security, will provide the opportunity for public comment until July 20.

    Headquartered in Cambridge Ohio, AMG is the largest recycler of spent catalyst in the world and the largest ferrovanadium producer in North America. US Vanadium operates the Hot Springs, Arkansas, high-purity vanadium processing facility.
     
  20. Intern shIp

    Intern shIp Member

    Joined:
    Apr 24, 2018
    Messages:
    77
    Likes Received:
    10
    first vanadium was in the news today with the junior mining network :D

    https://www.juniorminingnetwork.com...or-the-carlin-vanadium-project-in-nevada.html

    First Vanadium Files Preliminary Economic Assessment for the Carlin Vanadium Project in Nevada
    TSX VENTURE: FVAN
    www.firstvanadium.com

    Mr. Paul Cowley reports:

    Vancouver, British Columbia--(Newsfile Corp. - June 25, 2020) - First Vanadium Corp. (TSXV: FVAN) (OTCQX: FVANF) (FSE: 1PY) ("First Vanadium" or the "Company") announces the filing of a technical report prepared in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects ("NI 43-101") regarding the Preliminary Economic Assessment (PEA) for the Company's Carlin Vanadium Project located 6 miles south from the town of Carlin, Nevada in the United States. The PEA demonstrates positive economics for a large-scale open pit mining operation, with 16 years of Vanadium production and 4 additional years of acid/power sales.

    The PEA is available under the Company's profile on SEDAR at www.sedar.com. First Vanadium's news release dated May 11, 2020, summarizes the assumptions and key results contained in the PEA.

    Qualified Persons and NI 43-101 Disclosure

    The preliminary economic assessment is preliminary in nature, and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized. Mineral resources are not mineral reserves and do not have demonstrated economic viability.

    The PEA was prepared by Wood Canada Limited and SRK Consulting (U.S.), Inc., in accordance with the Canadian securities regulatory requirements set out in National Instrument 43-101, Standards of Disclosure for Mineral Projects ("NI 43-101"). The PEA and this news release has been reviewed and approved by: Dr. Bart Stryhas, CPG (SRK), Alan Drake, Eng.L. (Wood), Paul Baluch, P.Eng. (Wood), Antonio Peralta Romero, P.Eng. (Wood), Susana Gonzales, P.Eng. (Wood), Steven Truby, P.Eng. (Wood) and Greg Gosson, P.Geo. (Wood). All are independent Qualified Persons ("QP") as defined under NI 43-101.

    About First Vanadium Corp.

    First Vanadium has an option to earn a 100% interest in the Carlin Vanadium Project, located in Elko County, 6 miles south from the town of Carlin, Nevada and Highway I-80.

    ON BEHALF OF FIRST VANADIUM CORP.
    per: "Paul Cowley"
    CEO & President
    (778) 655-4311
    [email protected]
    www.firstvanadium.com
     

Share This Page