{"id":10079,"date":"2015-04-17T13:40:09","date_gmt":"2015-04-17T20:40:09","guid":{"rendered":"https:\/\/www.vanadiumcorp.com\/?p=10079"},"modified":"2019-06-22T09:30:26","modified_gmt":"2019-06-22T16:30:26","slug":"news-release-clarification-ni-43-101-technical-report-lac-dore-vanadium-project-with-first-resource-estimate-complete","status":"publish","type":"post","link":"https:\/\/www.vanadiumcorp.com\/releases\/news-release-clarification-ni-43-101-technical-report-lac-dore-vanadium-project-with-first-resource-estimate-complete\/","title":{"rendered":"News Release Clarification: NI 43-101 Technical Report: Lac Dore Vanadium Project With First Resource Estimate Complete"},"content":{"rendered":"

\"VRB\u00a0<\/span>\u00a0 \u00a0 \u00a0\u00a0<\/span>TSX-V: \u201cVRB\u201d<\/i><\/span><\/p>\n

Download PDF…<\/a><\/span><\/b><\/p>\n

VANCOUVER, BC \u2013 April 17, 2015 <\/span><\/b>\u2013 VanadiumCorp Resource Inc. (TSX-V: VRB) (\u201cthe Company\u201d), as result of a review of the Company\u2019s news release dated April 14, 2015 by the Investment Industry Regulatory Organization of Canada (\u201cIIROC\u201d), issued this news release to clarify & retract certain disclosure from the aforementioned news release. The news release referenced the technical report titled \u201cNI 43-101 Technical Report: Lac Dore Vanadium Project with First Resource Estimate Complete\u201d dated April 13, 2015 (the \u201cReport). The Company is retracting disclosure to any reference to mining, mining rate, milling rate, mine life, recoverable vanadium, total recoverable vanadium, pit ratio and any other reference that were calculated from the resource estimate that would imply the technical feasibility and\/or economic viability of the project from this disclosure. This is a requirement of disclosure in a \u201cmining study\u201d that meets the definition of a preliminary economic assessment (PEA), preliminary feasibility study (PFS) or feasibility study (FS), which study is currently under preparation. The Report does not satisfy the definition of any of these documents.<\/span><\/p>\n

With the resource estimate complete, the Company is currently working on a preliminary economic assessment (PEA) as its next stage of development with a full budget outlined in the Report. <\/span><\/p>\n

This release was approved by Mr. Rejean Girard, P. Geo. Mr. Girard is a qualified person as defined by National Instrument 43-101. <\/span><\/b><\/p>\n

On behalf of the board of VanadiumCorp:<\/strong>
\nAdriaan Bakker,<\/em> President and Chief Executive Officer<\/p>\n

For more information, contact VanadiumCorp:<\/strong>
\nJohn Hewlett, <\/em>Director, Business Development
\nBy phone: 604-560-8251
\nBy email: moc.procmuidanavobfsctd<\/span>@ofni<\/span>\nWebsite: www.vanadiumcorp.com<\/p>\n

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.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

VanadiumCorp as result of a review of the Company\u2019s news release dated April 14, 2015 by the Investment Industry Regulatory Organization of Canada (\u201cIIROC\u201d), issued this news release to clarify…<\/p>","protected":false},"author":1,"featured_media":8592,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","footnotes":""},"categories":[65],"tags":[],"post_series":[],"acf":[],"taxonomy_info":{"category":[{"value":65,"label":"VanadiumCorp Announcements"}]},"featured_image_src_large":["https:\/\/www.vanadiumcorp.com\/wp-content\/uploads\/2018\/07\/vanadium.electrolyte1.jpg",640,427,false],"author_info":{"display_name":"VanadiumCorp","author_link":"https:\/\/www.vanadiumcorp.com\/author\/administrator\/"},"comment_info":0,"category_info":[{"term_id":65,"name":"VanadiumCorp Announcements","slug":"releases","term_group":0,"term_taxonomy_id":65,"taxonomy":"category","description":"Featured News Releases and Breaking VanadiumCorp News","parent":0,"count":180,"filter":"raw","cat_ID":65,"category_count":180,"category_description":"Featured News Releases and Breaking VanadiumCorp News","cat_name":"VanadiumCorp Announcements","category_nicename":"releases","category_parent":0}],"tag_info":false,"_links":{"self":[{"href":"https:\/\/www.vanadiumcorp.com\/wp-json\/wp\/v2\/posts\/10079"}],"collection":[{"href":"https:\/\/www.vanadiumcorp.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vanadiumcorp.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vanadiumcorp.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vanadiumcorp.com\/wp-json\/wp\/v2\/comments?post=10079"}],"version-history":[{"count":4,"href":"https:\/\/www.vanadiumcorp.com\/wp-json\/wp\/v2\/posts\/10079\/revisions"}],"predecessor-version":[{"id":15147,"href":"https:\/\/www.vanadiumcorp.com\/wp-json\/wp\/v2\/posts\/10079\/revisions\/15147"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vanadiumcorp.com\/wp-json\/wp\/v2\/media\/8592"}],"wp:attachment":[{"href":"https:\/\/www.vanadiumcorp.com\/wp-json\/wp\/v2\/media?parent=10079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vanadiumcorp.com\/wp-json\/wp\/v2\/categories?post=10079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vanadiumcorp.com\/wp-json\/wp\/v2\/tags?post=10079"},{"taxonomy":"post_series","embeddable":true,"href":"https:\/\/www.vanadiumcorp.com\/wp-json\/wp\/v2\/post_series?post=10079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}