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VanadiumCorp Resource Inc.

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Summary

Project:

Lac Dore

Deposit:Lac Dore
Location:Canada
Commodities:Vanadium-Iron-Titanium
Date:7/7/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:7-7-2020: VanadiumCorp Resource Inc. announces an Exploration/Drilling Update report for its Lac Dore deposit at the Lac Dore project. Drilling results incl. 101m @ 0.65% V2O5, 56.53% Fe2O3, 11.98% TiO2 from 115.5m. VANCOUVER, BRITISH COLUMBIA, July 07, 2
Resources:x
CP/QP:[Overall Report] Carl Pelletier (InnovExplo Inc.)
ABSTRACT:VANCOUVER, BRITISH COLUMBIA, July 07, 2020 – VanadiumCorp Resource Inc. (TSX VENTURE:”VRB”) (OTCBB:”APAFF”) (FRANKFURT:”NWN”) (“VanadiumCorp” or the “Company”), is pleased to release the latest assay results for the final six drill holes from the Company’s summer-fall 2019 infill and extension drilling program at its Lac Doré Vanadium property. Assay results are reported for holes LD-19-006, LD-19-007, LD19-010, LD-19-027, LD-19-031 and LD-19-037, thus all 37 holes drilled in 2019 now have received complete assay results. In addition, the results of selective twin channel sampling of surface trenches are reported. The Lac Doré Vanadium property is located 27 km east-southeast from the city of Chibougamau, in Eeyou Istchee James Bay Territory, Northern Québec. The Chibougamau area is host to several vanadiferous titanomagnetite (VTM) deposits, including the Southwest and Armitage deposits on the adjacent Blackrock property (BlackRock Mining Inc.) and the South and North Zone deposits on the Mont Sorcier project to the North (Vanadium One Iron Corp). The 2019 drill program targeted the Company’s Lac Doré Vanadium prospect where historical drilling and surface channel sampling conducted between 1958 and 2013 have revealed the presence within property limits of massive, semi-massive and disseminated bands of VTM mineralization along a 2 km long by 200 m wide and minimum 200 m deep corridor.

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