Iron-T Project, Resource in Québec, Canada
Located adjacent to the mining center of Matagami, Quebec, 350km west of Lac Dore. The current NI 43-101 VTM resource, titled the “Genesis Zone” measures 14,376,000 tonnes inferred at 0.42% V2O5. VTM mineralization is at surface, open at depth and along strike. Consistent drill results, trench samples and geophysics along the entire 22km strike-length indicate remarkably similar geology to the Lac Doré Vanadium Project including virtually no impurities and exceptional metallurgical recoveries.
What Sets Us Apart
GRADE
One of the best
Resource grading 0.77% Vanadium Pentoxide Equivalent Head Grade
SIZE
One of the largest
14 376 000 tonnes in-situ mineralization
METALLURGY
One of the best quality
Low impurities such as silica and low oxidation enable higher yield magnetite concentrates
Final Inferred mineral Resource Estimate – Iron-T Property
EFFECTIVE MAY 19, 2011
| V2O5Eq Cutoff (%) | Tonnage | Volume | Fe (%) | Fe2O3 (%) | TiO2 (%) | V2O5 (%) | V2O5Eq (%) |
|---|---|---|---|---|---|---|---|
| 0.48 | 14 376 000 | 6 331 000 | 27.30 | 39.04 | 6.55 | 0.42 | 0.77 |
Iron-T Project Highlights
| Ownership | 100% |
|---|---|
| Location | Matagami, Quebec, Canada |
| Commodity | Vanadium for Energy Storage |
| In-situ mineralization resource size | 14,376,000 metric tonnes |
| Access | Adjacent to the mining town of Matagami and nearby Glencore Mine |
| Metallurgy | Favorable: Exceptionally low impurities facilitate high recovery of vanadium |
| Strike Length | Massive magnetite consistent and open at depth along 22km strike |
| Regional Support | Mining friendly local communities and Cree First Nations, in the Eeyou Istchee James Bay Territory of Quebec, Canada |
| Proximity to similar resources | Remarkably similar geology to the prolific Bushveld Complex and Lac Doré Complex |
| Property Size | 4218.32 hectares |
| Infrastructure | Nearby road, rail, 161Kv power, workforce, water and airport |
| Ground and airborne geophysics | Largest magnetite signature in region |
| "Made in Canada" objective | Local transformation of all value add products in Matagami, Quebec supporting a new green economy |
| Sustainable development vision | Green mine, Green Recovery Process for Green Batteries |
| Forward looking statement | Corporate governance section of VanadiumCorp's website |
