New Technology for Recovering Iron and Vanadium from Vanadiferous Titanomagnetite 28th February 2017 VanadiumCorp News Releases TSX-V: “VRB” Download PDF… February 28, 2017, VanadiumCorp Resource Inc. (TSX-V: “VRB”) is pleased to announce that it has applied jointly with Electrochem Technologies & Materials Inc. “Electrochem” for a US provisional patent application (US 62/463,411) for a combined metallurgical and chemical process. Successful test work commenced by Dr. Francois Cardarelli at Electrochem’s facilities in Boucherville, Quebec yielded high recoveries of both iron and vanadium values from a vanadiferous titanomagnetite concentrate that was extracted, prepared and beneficiated by IOS Services Geoscientifiques Inc., directly from the Company’s 100% owned Lac Dore Vanadium Project in Chibougamau, Quebec. Conventional pyrometallurgical processes utilize either direct soda ash roasting of the magnetite followed by water leaching, or the arc smelting and slagging of the magnetite followed by soda ash roasting of the vanadium-rich slag. Smelting or roasting is capital intensive with high operating costs, technical risks and significant emissions of greenhouse gases that pose serious environmental issues. Hydrometallurgical processes for the extraction of vanadium have been proposed in the last decade as a lower cost alternative in replacement of the conventional processes but they fail to produce a high quality iron co-product. The Vanadiumcorp-Electrochem Technology addresses these key issues and allows the full recovery of vanadium for the production of either a vanadium electrolyte (VE) or vanadium chemicals used for preparing vanadium battery electrolyte as well as the concurrent production of a high quality and competitive iron co-product. Adriaan Bakker, CEO of Vanadiumcorp states, “Direct co-recovery of high quality and competitive iron product adds significant value to our resources and production potential. Our entire “mine to technology” transformation plan is now environmentally friendly in addition to our battery electrolyte lasting forever in 100% green energy storage technology. Vanadiumcorp is committed to the development of a low cost vanadium electrolyte alternative to facilitate mass deployment of vanadium redox flow batteries.” Highlights Joint US provisional patent application filed to protect a novel technology developed jointly by VanadiumCorp Resource Inc. and Electrochem Technologies & Materials Inc. Clean alternative to roasting and smelting, with negligible greenhouse gases emissions and minimizing the amount of wastes Maximum recovery and transformation: Combination of metallurgical and chemical processes suitable for recovering iron and vanadium for preparing a vanadium electrolyte (VE) directly from vanadiferous titanomagnetites. Successful trials conducted with a vanadiferous titanomagnetite concentrate from the Vanadiumcorp Lac Dore Vanadium Project. Demonstration of potential industrial applicability of Vanadiumcorp-Electrochem Technology from successful test work initiated in 2016 and that continues during 2017 with other vanadium sources. Direct, high efficiency VE and Iron process technology Advantage of coproduct recovery over conventional iron and vanadium production methods Scalable production with modular design Low cost production target for 100% reusable battery material Location agnostic: Creates opportunity for process technology centers next to primary vanadium resources and secondary vanadium feedstocks such as spent catalysts, slags and fly ash 100% green vertically integrated supply stream “mine to technology” Complete, vertically integrated climate change solution Primary Supply: Exclusive NI 43-101 low impurity vanadium resource in magnetite (66% Iron & 1.08% V2O5 in concentrate) Secondary Supply: VE Recovery potential from vanadium feedstocks such as oil sands fly ash waste Exclusive Process technology: Vanadiumcorp-Electrochem Technology Cost reduction potential for vanadium batteries: Vanadiumcorp Electrolyte End users: Partnerships secured with leading US, Canadian and Global Vanadium Battery Companies for commercial deployment Production testing of vanadium electrolyte and iron co-product will continue into Q2 2017. The VE produced will be tested in vanadium battery deployment projects VanadiumCorp is considering as well as collaborative R&D projects. Request samples and preorders are available on the Company’s website at www.vanadiumcorp.com On behalf of the board of VanadiumCorp: Adriaan Bakker, President and Chief Executive Officer For more information, contact VanadiumCorp: John Hewlett, Director, Business Development By phone: 604-560-8251 By email: firstname.lastname@example.org Website: www.vanadiumcorp.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Share This Tweet Share Share Email Related Posts VanadiumCorp engages Dr. Luke Longridge and CSA Global VanadiumCorp is pleased to announce it has engaged Dr. Luke Longridge of CSA Global as a technical advisor and Qualified Person to assist with the development of the Company’s mineral assets. VanadiumCorp Warrant Extensions VanadiumCorp wishes to announce that it has applied to the TSX Venture Exchange (the “Exchange”) for acceptance to amend the terms of an aggregate of 13,418,699 common share purchase warrants (the “Warrants”) issued pursuant to a non-brokered private placement (the “Private Placement”) which closed on April 8,2017. These Warrants will be amended by extending the expiry date of the Warrants to April 8, 2020. VanadiumCorp Completes $500,000 Private Placement Vanadiumcorp is pleased to announce it has closed and fully subscribed its’s non-brokered private placement of 16,666,667 units at a price of three cents per unit for a total of $500,000.