VanadiumCorp Resource Inc. (TSXV:VRB) (OTC:APAFF) (FSE:NWN) (the “Company”) is pleased to announce the opening of the Company’s business office in Québec. Located in Marieville, 30 km east of Montréal, the office will support the expanding technical and commercial activities of the Company in Québec. These activities include the development of the previously announced vanadium electrolyte manufacturing facility expected to be located near Sherbrooke, Québec, and continued progress on the strategic vanadium mineral deposit at Lac Doré near Chibougamau, Québec.
VanadiumCorp’s CEO Paul McGuigan stated that “Our company’s asset base is in Québec, and it is critical that we expand our presence there.” The business office will be led by Gilles Dupuis, P.Eng., Chief Operating Officer of the Company, who has a solid background in the design and construction of major projects in Québec. “Quebec is rich with vanadium-titanium deposits. I am committed to advancing the Company’s Lac Doré mineral resource for use in eco-friendly vanadium redox flow batteries that support green power. Our new facilities will create jobs and benefit the local communities in which we operate”, says Mr. Dupuis.
The office will be open for business on January 3, 2023.
About VanadiumCorp
VanadiumCorp Resource Inc. is a mineral exploration company based in Quebec and Vancouver, Canada, with 100% ownership of two strategic vanadium, titanium, and iron properties in Quebec. The Iron T is near Matagami, and the Company’s flagship Lac Doré property is near Chibougamau.
An introduction to the Company by our Executive Chairman, Ian Mallory, can be viewed as a Greenshoe Media Group video at:
Definition diamond-drilling and resampling surface trenching on the Lac Doré property by the Company culminated in preparing a Technical Report and Mineral Resource Estimate by CSA Global Consultants Canada Limited (“CSA”), with Dr. Luke Longridge, P. Geo. as the lead consultant. CSA produced a Technical Report titled “Lac Doré Project, Chibougamau, Québec, Canada, December 10, 2020.” The full technical report is available on the Company’s website and SEDAR. Longridge recommended a program of step-out diamond drilling and metallurgical testing.
VanadiumCorp also owns 100% of the newly patented hydrometallurgical process, VEPT (the “VanadiumCorp, Electrochem, Process Technology”), invented by Dr. Francois Cardarelli, that consists of digesting vanadiferous feedstocks into concentrated sulfuric acid. The technology addresses the recovery of vanadium, titanium, ferrous sulphate, and silica products from mineral concentrate feedstocks, such as titanomagnetite. The VEPT process is also valid for recovering vanadium from industrial residues, such as slags from oxygen blast furnaces (BOF-slags). This sulphuric acid process is novel because it adapts a proven and widely used industrial process to extract valuable metals from titanomagnetite and industrial residues.
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