First Vanadium Corp. is pleased to announce that the Company has closed the first tranche of its non-brokered private placement financing previously announced on May 21, 2019. Under the First Tranche, the Company has issued 2,125,500 units at a price of C$0.40 per unit for gross proceeds of C$850,200. Each unit is comprised of one common share and one warrant. Each warrant will be exercisable into one common share for a [...]
First Vanadium Corp. is pleased to announce that certain directors, officers and close associates of the Company have collectively sold 908,000 shares of the Company through the facilities of the TSX Venture Exchange, and will use the net proceeds of the sales to subscribe in the non-brokered private placement financing announced in the Company's news release dated May 21, 2019. The subscription of Units to insiders [...]
First Vanadium Corp. is pleased to announce a non-brokered private placement of up to 2,500,000 units at a price of $0.40 per unit for gross proceeds of up to $1,000,000. Each unit will be comprised of one common share and one warrant. Each warrant will be exercisable into one common share for a period of three years at an exercise price of $0.65 per share. The proceeds of the private placement will be used to carry out [...]
New Data Opens Deposit Strike Length to 2,130 metres First Vanadium Corp. is pleased to announce that newly acquired historic data extends the strike length of the Carlin Vanadium deposit a further 300 metres to the south on the Carlin Vanadium property. Two drill holes and two trenches completed by Union Carbide in 1968, located south of, and beyond the current limit of the mineral resource, reported strong vanadium [...]
First Vanadium Corp. is pleased to announce that a National Instrument 43-101 Technical Report titled "NI 43-101 Technical Report, Carlin Vanadium Project, Carlin, Nevada" has been filed on SEDAR . The report documents a maiden mineral resource estimate completed by SRK Consulting , Inc. on the Carlin Vanadium Deposit located 6 miles south of Elko, Nevada, as initially reported by way of the Company's news release dated [...]
First Vanadium Corp. reports metallurgical test work results for nine variability composite samples from its high-grade Carlin Vanadium deposit. Preliminary test results are consistently showing high vanadium extraction rates, between 92% and 98%, for both oxidized and unoxidized mineralized material of low, average and high vanadium grades. "The Company is very pleased with the consistent variability testing results that [...]
First Vanadium Corp. reports that metallurgical test work on nine variability composite samples from the Carlin Vanadium deposit is in its final stages, with results to be reported in early April 2019. The Company commenced acid leach and pressure oxidation test procedures on a single composite sample from the deposit in April 2018. In June 2018, the reported preliminary test work had returned 95.5% vanadium extraction [...]
First Vanadium Corp. is pleased to announce that it has more than doubled the size of its Carlin Vanadium Property from 1,331 acres to 3,177 acres. The Company has staked and filed with the Bureau of Land Management 1,846 acres of unpatented lode claims over Federal lands adjacent to and proximal to the original core claims. The new claims provide the Company with a larger working area around the Carlin Vanadium deposit [...]
Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, announced today that it has released a new Company Spotlight article on high profile junior mining company First Vanadium Corp. . To view this article, along with disclosures and disclaimers, or to download them in their entirety, please visit http://www.goldmanresearch.com. In the Goldman Small Cap Research [...]
First Vanadium Corp. is pleased to announce that SRK Consulting , Inc. has completed an independent National Instrument 43-101 compliant mineral resource estimate on the Carlin Vanadium deposit located 6 miles south of Elko, Nevada. The mineral resource estimate replaces the 2010 SRK historic mineral resource estimate. Table 1. Carlin Vanadium Mineral Resource Statement at 0.3% V2O5 Cut-off grade Classification CoG Grade [...]
First Vanadium Corp. is pleased to announce that it has been named a 2019 TSX Venture 50™ company, an annual ranking of the top performers on the TSX Venture Exchange. The winning companies have seen tremendous growth over the past year, offered remarkable return to their shareholders and are actively traded in the market. Each year leading TSX Venture companies are judged by the Exchange on three equally weighted [...]
First Vanadium Corp. is pleased to announce that it has made a strategic acquisition of the southern extension of the Carlin Vanadium deposit located 6 miles south of Carlin, Nevada. The Company has gained mineral rights to an additional 200m strike length of the Carlin Vanadium deposit through an Access and Mineral Lease Agreement to approximately 80 acres of private land immediately adjacent to the Carlin Vanadium [...]