Vanadium One Iron starts drill program to upgrade resources at Mont Socier Project
2021-06-10 13:23:16 [Print]
Canada-based Vanadium One Iron Corp. provided a corporate update of its development program at its Mont Sorcier project, near Chibougamau, Quebec. The company is working towards a bankable feasibility study which will commence within the next 9 months.
The Company is also pleased to announce that subsequent to the recent capital raises of $6.9 million in May, it is currently commencing an in-fill drill program at Mont Sorcier. The goal is to upgrade sufficient Inferred Mineral Resources to the Measured and Indicated Categories to support at least a 20-year mine life as the basis for a feasibility study to begin later this year or early 2022.
The Company is also pleased to announce that subsequent to the recent capital raises of $6.9 million in May, it is currently commencing an in-fill drill program at Mont Sorcier. The goal is to upgrade sufficient Inferred Mineral Resources to the Measured and Indicated Categories to support at least a 20-year mine life as the basis for a feasibility study to begin later this year or early 2022.
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