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First Vanadium Corp.
Summary
| Project: | Carlin Vandium | |
|---|---|---|
| Deposit: | Carlin Vandium | |
| Location: | United States | |
| Commodities: | Vanadium-Zinc-Silver | |
| Date: | 10/10/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-10-2018: First Vanadium Corp. announces an Exploration/Drilling Update report for its Carlin Vandium deposit at the Carlin Vandium project. Drilling results incl. 41.1m @ 1.07% V2O5 from 29m. October 10, 2018 ‐ Vancouver, British Columbia – First Vanad | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Cowley (Internal) | |
| ABSTRACT: | October 10, 2018 ‐ Vancouver, British Columbia – First Vanadium Corp. (formerly Cornerstone Metals Inc.) (TSX‐V: FVAN) (OTCQX: CCCCF) (FSE: 1PY) (“First Vanadium” or the “Company”) is pleased to announce the results from the first 6 of 69 reverse circulation drill holes from its Phase 2 drilling on the Carlin Vanadium Project, located 6 miles south of Carlin, Nevada. The objectives of this drill program were to infill and expand the Carlin Vanadium deposit. The first 6 reverse circulation drill holes were focused within the South Zone to infill the drill pattern in an area of 120m by 160m. All holes hit mineralization as expected and where expected. The table below provides the highlights of these first 6 holes. The reported holes were drilled vertically except RCC18‐04 which was angled at ‐60o . True thickness estimates of mineralization are approximately 95% of the drill intercept length, except RCC18‐04 which is 60% of the intercept length. Hole RCC18‐02 was a twinned hole of a previous Union Carbide rotary hole R‐95 to compare and further verify old data. The table below compares the two holes with the same depths of their intercept. The First Vanadium hole returned 26% better V2O5 grade than the Union Carbide hole. | |
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