Lac Doré Vanadium Project

Developed since 1953…

Originally identified for rich iron and titanium potential, the presence of vanadium was discovered in 1966 by Dr. Gilles Allard. On discovery of the Dore Lake Layered Complex, Dr. Allard divided it into major stratigraphic zones; the Anorthosite Zone at the bottom; followed upward by the Layered Zone; the Sodagranophyre Zone and the Upper Border Zone.  The detailed mapping completed by Drs.Allard and Caty in both the Rinfret and Lemoine Townships ultimately led to the to the discovery of the vanadium deposit in the Layered Zone.

In 2007, VanadiumCorp ground staked what became the Company’s flagship project of vanadium rich titanomagnetite “VTM” that spans over 45 square km and is located next to highway 167 just 35 km from to the mining center of Chibougamau, Quebec, Canada.  VTM mineralization is accessible at surface and highlighted as a large geophysical footprint in the region. The rich VTM is open at depth and along strike and close to infrastructure such as road, rail, 161Kv power, workforce, water and a local airport. The VanadiumCorp Lac Dore Project is adjacent to mineral claims fully permitted for mineral extraction owned by Blackrock Metals, who have plans to construct a mine and mill at Lac Dore to transport magnetite concentrate approximately 400km to Saguenay, where they propose construction of a smelter to transform their Lac Dore VTM into various end products.

Breaking News:

VANCOUVER, BRITISH COLUMBIA, September 3, 2019 – VanadiumCorp Resource Inc. is pleased to report that  a 8,500m drilling program has commenced at the Company’s wholly owned Lac Doré property located 27 km east-southeast from the city of Chibougamau in Eeyou Istchee James Bay Territory, Northern Québec.

Qualified Persons

The scientific and technical information in this release has been prepared, reviewed and approved by Mr. Carl Pelletier, B.Sc., P.Geo. (OGQ) from InnovExplo, a consultant to the Company and an Independent Qualified Person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects  and is responsible for the technical content contained in this document.

Download News Release here…

In 1960

The Québec government acquired and continued to develop the project until 1980. Lac Dore was then developed by McKenzie Bay Resources and the Crown Corporation SOQUEM, who piloted production in 2002 of vanadium electrolyte at 99.9% V2O5 at SGS Lakefield, Ontario, Canada for vanadium batteries in Japan. The project then developed by Cambior (Now IAMGOLD) and eventually acquired by VanadiumCorp in August, 2007 through highly coordinated and competitive ground staking.  The Lac Dore is considered an ideal source/feedstock for vanadium electrolyte processing with virtually no impurities and exceptional metallurgical recoveries hosted in titanium and iron that are also recoverable with VEPT. Lac Dore has long been revered as a metallurgically unique and highly strategic undeveloped source of vanadium for vanadium batteries since the invention of the VRFB over 30 years ago in Australia by VanadiumCorp Advisor, Dr. Maria Skylass Kazacos.

D. Stuart Bradbury, South Africa vanadium recovery expert, stated in March 2, 2001 “I believe Lac Dore is a world-class deposit in terms of size and quality. Although V2O5 grades are a little lower than those in S. Africa, the silica levels are lower which guarantees a superior product. The material is superior to any Australian deposit in terms of V2O5 and silica.

These factors, combined with the relative ease of mining, should help keep costs down. The amount of metallurgical testing work previously performed on the Lac Dore’ Complex Vanadium deposit would dwarf all the metallurgical testing done on all South Africa Bushveld deposits and the associated mines and refineries combined. Previous testing at Lac Dore proved V2O5 recovery by a process similar to that being employed by South African producers today”.

Project highlights

• Extensive history of development since 1953
• 8 different historic resource calculations from the following firms: Quebec Department of Natural Resources (3 studies), SOQUEM, LMBDS-Sidam, IOS Services Géoscientifiques Inc, Cambior Inc. and SNC-Lavalin. All of these resource calculations are considered non-current and obsolete.
• Over 200 reports dealing with exploration, drilling, metallurgy and economical aspects
• Extensive beneficiation, smelting and salt-roasting testing by various groups
• 54 drill holes and 27 trenches tabled with 3D modeling
• Vanadium recovery from magnetite
• Extensive beneficiation, smelting and salt-roasting testing by various groups
• Ground and airborne geophysical surveys

Adjacent mine permitted project owned by

Established in 2008, BlackRock Metals is a privately-owned Canadian company developing a fully integrated, environmentally enhanced, metals & materials manufacturing business from its wholly-owned, world-class vanadium and titanium bearing magnetite (“VTM”) and ilmenite deposit in Quebec, Canada.

As a result of superior grades, world class tonnages, clean mineralogy, exceptional metallurgical recoveries, low cost renewable hydro power and the excellent logistics of its location, BlackRock will enjoy an unparalleled market advantage and the distinction of being the global low cost producer of ferrovanadium steel additives, high purity merchant pig iron (“MPI”), and high quality titanium feedstocks for the US and European markets. (Source www.blackrockmetals.com)