VanadiumCorp Resource Inc.
VanadiumCorp Resource Inc. is developing new fossil free process technologies and critical metals supply for a sustainable future in Quebec, Canada. VanadiumCorp is targeting commercial demonstration and cash flow in 2018 through global licensing and pilot plant expansion.
VanadiumCorp-Electrochem Process Technology
Joint Partnership with Electrochem Technologies and Materials Inc.
The VanadiumCorp-Electrochem process technology is the world's first environmentally sustainable, high-yield, high-efficiency process for recovering vanadium from virtually any vanadium-bearing source, including waste – the key to energy storage, renewable and a sustainable energy future. VanadiumCorp and Electrochem are changing the way the vanadium, titanium and iron are made to support a sustainable energy future.
Securing Disruptive Technologies
Cost Efficient & Rapid Testing Capabilities
Strong Vanadium Metallurgy Expertise
Conservative Industrial Approach
Joint Approach with Industrial Partners
Global Licensing Opportunities
VanadiumCorp owns 100 per cent of a significant vanadium-titanium-iron resource base in Quebec, Canada.
Lac Doré Vanadium Project
Iron-T Vanadium Project
Adriaan Bakker, President & Chief Executive Officer
An entrepreneur in mining, Adriaan spearheaded the acquisition and development of the company's vanadium assets and built a world class team. Adriaan chose to address significant industry challenges that resulted in the partnership, invention and development of an innovative process technology by Electrochem that has created the path to a sustainable energy future.
Stephen Pearce, Chief Financial Officer & Corporate Secretary
Experience in mining and law includes global mine management and operations. Specializing in corporate and securities law, he received his law degree from the University of British Columbia and an Honours Bachelors Degree in economics from York University with an emphasis on corporate finance.
Paul Sorbara, M.Sc., P.Geo., Director
A distinguished career in mining, management and project development. Paul received his Professional Geologist designation in 1991. He is a graduate of the University of Toronto where he received a Bachelor of Science Degree in 1976 and a Master of Science Degree in 1979.
John Hewlett, Director
Strategically invested in the resource market for the past 30 years and one of the largest investors in VanadiumCorp. He is known for his practical approach to direct investment, project development and his mandate for strict corporate governance.
Sokhie Puar, Director
Mr. Puar has over 30 years in the public markets, and has worked in various capacities with companies in the mining, oil and gas, technology, education and clean energy sectors since 2001.
Technical Team and Advisory Board
Terry Perles, Vanadium Sales & Marketing
Dr. Gilles Champagne, Electrochemical Engineer
Denis Bouchard, Steel Specialist
Dr. Maria Skyllas-Kazacos, Professor Emeritus and VRFB (Vanadium Redox Flow Battery) Inventor
James A. MacLeod, Explorationist and Cree First Nations Advisor
Mark Reynolds, Strategic Advisor
On February 14, 2019, VanadiumCorp Resource Inc. announced that Vanadiumcorp Resource Inc. and Electrochem Technologies & Materials Inc. have filed the national entry phases in Canada and Australia of the international patent application: WO 2018/152,628 (A1) metallurgical and chemical process for recovering vanadium and iron values from vanadiferous titanomagnetite and vanadiferous feedstocks. Subsequent filings made in other key jurisdictions will be announced as patent office's confirmations are received.
On February 7, 2019, VanadiumCorp Resource Inc. announced that it plans to commence a drill program at the Company's 100-per-cent-owned Lac Doré vanadiferous titanomagnetite (VTM) project near Chibougamau, Quebec. An estimated total of 16,000 metres of NQ drilling is expected during this program, which will include the Lac Dore East & West deposits held by the Company.
The objective of the drilling is to validate the extensive historical drilling and trenching that were carried out on the property since 1958, and to confirm the extent and grade of vanadium, titanium and iron mineralization on the Lac Doré mining claims. Mineralized intersections will be tested using a combination of assays, Davis Tube tests and other magnetic tests to assess the head grades of vanadium, titanium and iron, as well as the magnetite proportions and the vanadium grades of the magnetites. The Company aims to use the results of the drilling to estimate a mineral resource for the deposit.
On February 6, 2019, VanadiumCorp Resource Inc. announced that it has hired Dr. Luke Longridge of CSA Global as a technical adviser and qualified person to assist with the development of the company's mineral assets. Dr. Longridge's extensive vanadium mine development experience is a welcome addition as VanadiumCorp formalizes plans to develop both of the Company's vanadium-titanium-iron mining assets in Quebec.
On January 25, 2019, VanadiumCorp Resource Inc. announced that the TSX Venture Exchange has consented to the extension in the expiry date of the following warrants.
Number of warrants: 13,418,699
On January 21, 2019, VanadiumCorp Resource Inc. announced that it has applied to the TSX Venture Exchange for acceptance to amend the terms of an aggregate of 13,418,699 common share purchase warrants, issued pursuant to a non-brokered private placement, which closed on April 8, 2017. The warrants originally issued are exercisable into common shares in the capital of the Company at an exercise price of 10 cents per common share, with the warrants expiring on April 8, 2019. These warrants will be amended by extending the expiry date of the warrants to April 8, 2020.
In addition, each warrant will have an accelerated expiry clause such that upon the Company's shares trading at or above nine cents for 10 consecutive trading days, VanadiumCorp will give notice within seven calendar days that the warrants will expire 30 days from the date of providing such notice. No warrants issued under the private placement have been exercised to date. The amendment to the terms of the warrants is subject to exchange approval.
The Company has granted 9.5 million incentive stock options to directors and officers of the Company and 2.4 million to employees and consultants of the Company at a price of seven cents per share exercisable for a period of five years.
On November 1, 2018, VanadiumCorp Resource Inc. announced that it has obtained a technical report titled "Geological Report for the Lac Dore Vanadium Deposits, Quebec, Canada," dated Oct. 11, 2018, prepared by B. Terrence Hennessey, PGeo, of Micon International Ltd.
On September 5, 2018, VanadiumCorp Resource Inc. and Electrochem Technologies & Materials Inc. (“Electrochem”) announced that The World Intellectual Property Organization ”WIPO” (www.WIPO.int) has officially published the VanadiumCorp-Electrochem Processing Technology (“VEPT”) Patent Cooperation Treaty “PCT” of the International Patent Application WO 2018/152628 (A1) on August 30th, 2018.
On June 12, 2018, VanadiumCorp Resource Inc. announced that material news and public filing is pending regarding a newly authored Preliminary Economic Assessment Technical Report on the Company’s 100% owned Lac Dore Vanadium Project that will now include the economics of conventional primary processing methods.
On April 27, 2018, VanadiumCorp Resource Inc. announced that Francois Cardarelli, President of Electrochem Technologies & Materials Inc. ("Electrochem") will be presenting at the Canadian Institute of Mining conference held in Chibougamau on May 2, 2018. Dr. Cardarelli will present the jointly owned patent pending chemical process technology for recovering vanadium, iron and titanium values from vanadiferous feedstocks. Other companies presenting include Blackrock Metals Inc. and Vanadium One Energy Corp. VanadiumCorp will also be presenting a local scholarship as part of an energy storage themed literary contest.
VanadiumCorp and Electrochem will meet with local stakeholders in Chibougamau including local industries, local government and regional community representatives. Of specific interest is an April 17, 2018 news release where members of the municipal council of Chapais (near Chibougamau) indicate support of studies aimed at the construction of a gas pipeline and the establishment of the vanadium processing plant in the territory near the future ferro-vanadium mine that could be built by BlackRock Metals Inc. Currently, their targeted location for the establishment of the vanadium transformation is Saguenay, Quebec, Canada.
On February 28, 2018, VanadiumCorp Resource Inc. announced the International PCT Patent Application Filed for its breakthrough technology.