Vancouver, British Columbia – TheNewswire -- 23 January 2025 – VanadiumCorp Resource Inc. (TSX-V: VRB) (FSE: NWNA) (OTC: VRBFF) ("VanadiumCorp" or the "Company") is pleased to report that the fieldwork program is progressing on the Company’s resource properties, as announced in our news release of 23 August 2024. Work includes an ambient noise tomography (ANT) survey performed by CAUR Technologies Inc. across the vanadium, titanium, and iron Lac Doré deposit in Québec.

In December, CAUR Technologies began this innovative passive seismic survey to define further the structural geology and faulting of the Lac Doré main deposit. The ANT survey uses seismic interferometry to extract seismic waves from the Earth's ambient vibrations. ANT can image both very deep and very shallow structures. Presently, CAUR employs a geophone array to provide 3D seismic tomography over a two-square-kilometer area. Measurements being carried out will continue into February.

Ian Mallory, Chairman and CEO of VanadimCorp, stated, “Lac Doré is VanadiumCorp's flagship resource property, and we are working to update and upgrade our technical assessments of its true potential. We are very pleased to be working with the experts at CAUR on this important and cost-effective survey.”

About VanadiumCorp Resource Inc.

VanadiumCorp Resource Inc. produces high-quality vanadium electrolyte for the expanding international market for long-duration Vanadium Flow Batteries (VFB). The Company's pilot plant facility is based in Val-des-Sources, Québec. The Company is also advancing technologies for producing the strategic V-Ti and potentially high-grade Fe located at its vanadiferous titanomagnetite projects, including at its flagship Lac Doré deposit near Chibougamau, Québec. The successful deployment of these technologies would enable stable, long-term access to the Company’s deposits of critical metals, including vanadium feedstock for the Company's electrolytes production.

About CAUR Technologies Inc.

CAUR Technologies Inc., based in Longueuil, Québec, aims to revolutionize mineral exploration with data analysis technologies based on IoT and AI.  Our technologies and expertise enable precise, rapid, cost-effective 3D mapping and identification of deep critical mineral deposits with minimal environmental impact. For more information, see www.caurtech.com

The Chief Operating Officer and Director of VanadiumCorp, Gilles Dupuis, P. Eng., is the qualified person (as defined in NI 43-101) who has reviewed and approved this news release.

On behalf of the Board of VanadiumCorp Resource Inc.

Ian Mallory
Chairman and CEO
ianm@vanadiumcorp.com

Phone: +1.514.416.1749

 

Company contact information:

3 rue du Boisé, Marieville, Québec J3M 1S7 Canada
Email: info@vanadiumcorp.com	Website: www.vanadiumcorp.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This document may contain forward-looking statements (including "forward-looking information" within the meaning of applicable Canadian securities laws and "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995) regarding, among other things, VanadiumCorp's business. and the environment in which it operates. In general, forward-looking statements can be identified by the use of words such as "anticipates", "expects" or "does not expect", "is expected", "budget", "forecast", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "could" or "will be taken",  "occur" or "will be achieved". VanadiumCorp relies on a number of assumptions and estimates to make these forward-looking statements, including, without limitation, the ability to acquire the necessary permits and authorizations to advance the Lac Doré property to the production stage, the ability to add to existing resources at Lac Doré through drilling, the costs associated with the development and operation of its properties. These assumptions and estimates are made in light of forecasts and conditions that are considered relevant and reasonable based on available information and current circumstances. A number of risk factors may cause actual results, level of activity, performance or results of such exploration and/or mine development to differ materially from those expressed or implied by such forward-looking statements, including, without limitation, whether such discoveries will result in commercially viable quantities of such mineralized materials, the ability to modify project parameters as plans continue to be refined, the ability to execute planned future exploration and drilling programs, the need for additional financing to continue exploration and development efforts, changes in general economic, market and business conditions, and other risks outlined in VanadiumCorp's latest Annual Information Form under the heading "Risk Factors" and in its other public documents. Forward-looking statements are not guarantees of future performance and such information is inherently subject to known and unknown risks, uncertainties and other factors that are difficult to predict and that may be beyond VanadiumCorp's control. Although VanadiumCorp has attempted to identify important risks and factors that could cause actual actions, events or results to differ materially from those described in the forward-looking statements, there may be other factors and risks that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, undue reliance should not be placed on these forward-looking statements. In addition, all forward-looking statements in this press release are made as of the date of this press release. VanadiumCorp disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

The forward-looking statements contained herein are expressly qualified by this disclaimer.

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