What We Do – OLD
Vanadium One Iron Corp. is a Canadian company publicly listed on the TSX.V Toronto. The company is managed by a team of mining professionals with extensive experience developing, operating, and financing mining projects.
Mont Sorcier Iron Ore and Vanadium project, just a short drive from the town of Chibougamau, Vanadium One Iron released the first NI 43-101 compliant resource for the property in june 2019. The company is in the process of completing a Preliminary Economic Assessment to explore the economic viability of commercial operations at Mont Sorcier in Q1 2020 in addition to advancing the resource at Mont Sorcier.
Vanadium One Iron continues to grow the Iron and Vanadium resource at Mont Sorcier by exploring the extension of the deposit’s magnetic signature in addition to converting Indicated and Inferred resource to Measured tonnage.
A Preliminary Economic Assessment or PEA is in the process of being completed that will refine the metallurgical understanding of the deposit for processing including optimization studies on the effects of grind size and product recovery, evaluate market conditions for Iron Ore and Vanadium pricing to provide a preliminary economic evaluation of the potential held by the Mont Sorcier project. This information will be used to engage in discussions with regional and foreign partners to assess future development options.