Voyager Metals Inc (the ‘Company’) (TSXV: VONE) is pleased to provide additional assay results for a further 8 holes from its 2021 infill drill program at its Mont Sorcier iron and vanadium project, near Chibougamau, Quebec.
As previously outlined, the program comprised of 42 holes or 15,178 meters of drilling that were completed on November 22nd. All drill holes were completed in the North Zone to upgrade the resource category for the completion of a planned feasibility study to be undertaken in 2022.
Cliff Hale-Sanders, President and CEO commented ‘We are pleased that the additional assay results are in line with our expectations in terms of grade and thickness of the mineralized zone. The new results and previous results to date continue to support our views in terms of grade, scale and the homogenous nature of the Mont Sorcier deposit. These characteristics will enable Voyager to rapidly upgrade sufficient resources to the Measured and Indicated categories upon which to build a Bankable Feasibility Study in 2022.’
As outlined previously, the goal of the 2021 drill program is to upgrade a sufficient portion of the current Inferred Mineral Resources to the Measured and Indicated Categories to support at least a 20-year mine life as the basis for a feasibility study which is expected to commence early in 2022. As reported in the compliant NI 43-101 Technical Report – Mineral Resource Estimate of the Mont Sorcier Project, Province of Quebec, Canada completed by CSA Global and dated June 25, 2021, the South Zone contains 113.5 Mt Indicated mineral resources at 30.9% Magnetite and 144 Mt Inferred resources at 24.9% Magnetite and the North Zone has 809.1 Mt inferred mineral resources at 34.2% Magnetite.
About Voyager Metals Inc.
Voyager Metals Inc is a mineral exploration company headquartered in Toronto, Canada. The Company is focused on advancing its Mont Sorcier, Vanadium-rich, Magnetite Iron Ore Project, in Chibougamau, Quebec. As reported in the compliant NI 43-101 Technical Report – Mineral Resource Estimate of the Mont Sorcier Project, Province of Quebec, Canada completed by CSA Global and dated June 25, 2021, the South Zone contains 113.5 Mt Indicated mineral resources at 30.9% Magnetite and 144 Mt Inferred resources at 24.9% Magnetite and the North Zone has 809.1 Mt inferred mineral resources at 34.2% Magnetite.
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