Voyager Metals Inc. (Voyager or the “Company”) (TSXV:VONE) announces that DRA Americas Inc. has been retained to act as project integrator for the Mont Sorcier project Bankable Feasibility Study (“BFS”) along with responsibility for future mineral resource and mineral reserve estimates. All other key consultants remain unchanged. In addition, the Company notes it now anticipates that the BFS should be completed by the end of Q2/23.
DRA Global Limited (DRA), is a minerals and metals focused global engineering, project delivery and operations management group with an impressive track record completing over 300 unique projects worldwide spanning more than three decades. DRA Global, through its, DRA Americas division, has a team of iron ore mining and metallurgical experts based in Montreal, Quebec and Toronto, Ontario has extensive experience developing iron ore projects in North America and are currently engaged on projects and studies in Canada, USA and Mexico.
In addition, the Company announces that the Board of Directors has approved the granting of stock options to directors, officers and consultants of the Company to acquire an aggregate of 4,950,000 common shares of the Company, exercisable at C$0.12 per common share, for a period of 5 years from September 26, 2022, subject to vesting provisions.
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, located just outside of Chibougamau, Quebec.
At Mont Sorcier, Voyager is rapidly advancing the project towards Feasibility Study and permitting. The project currently has Indicated Resources of 679M tonnes grading 27.8% magnetite and 0.20% V2O5, with the potential to produce 195M tonnes of magnetite concentrate grading ~65% Fe and 0.52% vanadium pentoxide (V2O5) and a further Inferred Resource estimated at 547M tonnes grading 26.1% magnetite and 0.17% V2O5.
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