Listed on the TSX Venture Exchange (TSXV:VONE), Vanadium One Energy is developing the large Mont Sorcier Vanadium Magnetite Iron deposit located 20 kilometres East of the Northern Quebec town of Chibougamau.
Mont Sorcier is a massive magnetite iron ore deposit with thick rich bands of vanadium. Historical mine feasibility and bulk sampling have been completed by the previous Operator, Campbell Chibougamau Mines from 1966 to 1974. The project’s massive iron deposit is unique in some respects as it is depleted of titanium minerals compared to its neighbouring deposits. This low titanium feature suggests Mont Sorcier ores can potentially be sold for conventional Blast Furnace Operations (BFO) that produce slags from which 90% of the world’s vanadium supply is obtained. The Company is currently moving the project forward through on going drilling programs coupled with various environmental and engineering studies.
Vanadium One Energy will showcase their latest mining projects to prospective investors at Mines and Money Asia. Claim your complimentary investor pass now.