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First Vanadium Corp.
Summary
| Project: | Carlin Vandium | |
|---|---|---|
| Deposit: | Carlin Vandium | |
| Location: | United States | |
| Commodities: | Vanadium | |
| Date: | 1/17/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-1-2019: First Vanadium Corp. announces an Exploration/Drilling Update report for its Carlin Vandium deposit at the Carlin Vandium project. Drilling results incl. 73.2m @ 0.60% V2O5 from 0m. January 17, 2019 - Vancouver, British Columbia – First Vanadiu | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Cowley (Internal) | |
| ABSTRACT: | January 17, 2019 - Vancouver, British Columbia – First Vanadium Corp. (formerly Cornerstone Metals Inc.) (TSX-V: FVAN) (OTCQX®: FVANF) (FSE: 1PY) (“First Vanadium” or the “Company”) is pleased to announce results from the final 25 exploration drill holes aimed at extending the mineralization at its Carlin Vanadium Project located 6 miles south of Carlin, Nevada, including the thickest high-grade intercept to-date at the project returning 73.2m (240ft) grading 0.60% V2O5. A map has been placed on the Company website to demonstrate the location of the latest holes, click here to view. The 25 exploration drill holes were focused in 3 areas beyond the limits of the known vanadium mineralization; a 400m length along the eastern edge, a 550m x 50m area along the western edge, and a 300m x 220m area to the northwest. The majority of the drilling was successful in encountering near-surface vanadium mineralization, extending the limits of the known mineralization. One particular hole on the eastern edge returned the thickest high-grade zone to-date on the property with 73.2m (240ft) grading 0.60% vanadium (“V2O5“), starting from surface. First Vanadium President and Chief Executive Officer, Paul Cowley stated. “We are pleased to have such a high percentage of successful exploration holes extending the known vanadium mineralization. Hole RCC18-46 was a particularly spectacular hole. The mineralization still remains open in several directions. The Company geologists will now compile the 216-hole database and model the mineralization for the next step of a mineral resource estimate.” | |
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