Date: Dec 6, 2018
Redzone Resources Ltd. [REZ-TSXV; REZZF-OTC; REZ-FSE] said Wednesday December 5 that it has agreed to acquire the Wells vanadium project in British Columbia.
Redzone is an exploration company with a focus on metals that make up and support the rapid evolution to battery power.
It is involved in three key projects. They are the Fortner Boyd lithium property in Arizona, the Lara copper project in Peru, and the North-West Leinster lithium property in Ireland.
The Wells vanadium project consists of two mineral tenures, which total 1,225 hectares and are located 20 km southeast of the restored historical town of Barkerville, east-central B.C. Access to the property is by 35 km of logging roads.
Previous work by a company formerly known as Cominco Ltd. analysed 44 rock samples, collected over a 2-km by 1-km area, for their vanadium content. The results are noted in a B.C. assessment report.
