Voyager Metals announces updated MRE at Mont Sorcier Iron and Vanadium Project
2022-06-13 14:24:49 [Print]
Canada-based Voyager Metals Inc on June 9 announced an updated NI 43-101 Mineral Resource Estimate ("MRE") at its Mont Sorcier Iron and Vanadium project located in Chibougamau, Quebec.
The new MRE has delineated an Indicated Mineral Resource in the North Zone of 559 million tonnes grading 28.2% magnetite and 0.21% V2O5 , with an additional 507 million tonnes grading 25.98% magnetite and 0.18% V2O5 in the Inferred category, up from 809 million tonnes of Inferred Resources in the prior MRE. This represents a total mineral resource tonnage increase of 31% in the North Zone.
Total Indicated Resources for both the North Zone and the South Zone are now estimated at 679 million tonnes grading 27.7% magnetite and 0.20% V2O5, with the potential to produce 195 million tonnes of magnetite concentrate grading at least 65% Fe and 0.52% V2O5.
Total Inferred Resources for both the North Zone and the South Zone are now estimated at 596 million tonnes grading 25.6% magnetite and 0.17% V2O5 , with the potential to produce 158 million tonnes of magnetite concentrate grading at least 65% Fe and 0.52% V2O5.
The new MRE has delineated an Indicated Mineral Resource in the North Zone of 559 million tonnes grading 28.2% magnetite and 0.21% V2O5 , with an additional 507 million tonnes grading 25.98% magnetite and 0.18% V2O5 in the Inferred category, up from 809 million tonnes of Inferred Resources in the prior MRE. This represents a total mineral resource tonnage increase of 31% in the North Zone.
Total Indicated Resources for both the North Zone and the South Zone are now estimated at 679 million tonnes grading 27.7% magnetite and 0.20% V2O5, with the potential to produce 195 million tonnes of magnetite concentrate grading at least 65% Fe and 0.52% V2O5.
Total Inferred Resources for both the North Zone and the South Zone are now estimated at 596 million tonnes grading 25.6% magnetite and 0.17% V2O5 , with the potential to produce 158 million tonnes of magnetite concentrate grading at least 65% Fe and 0.52% V2O5.
