Vanadium One Reports an Indicated Resource of 113.5 Million Tonnes and an Inferred Resource of 520.5 Million Tonnes at Its Mont Sorcier Iron Project
TORONTO, ON / April 23, 2019 / Vanadium One Energy Corp. (the "Company") (TSX-V: VONE), is pleased to release its first NI 43-101 Mineral Resource Estimate (MRE) for its 100% owned Mont Sorcier Iron and Vanadium Project, near Chibougamau, Quebec. Total Indicated Resources are calculated to be 113.5 million tonnes in the ground, with the potential to produce 35 million tonnes of Concentrate grading 65.3% Fe and 0.6% Vanadium Pentoxide. Additional Inferred Resources are defined as 520.6 million tonnes, with the potential to produce 178.3 million tonnes of Concentrate grading at 64.4% Fe and 0.6% Vanadium Pentoxide.
- Category: Base Metals
- Published: 24 April 2019
- Written by Editor