THE IRON & VANADIUM PROJECT- BARRIERE

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During the year ended 30 September 2018, the Company entered into an agreement to acquire 100% interest in the Vanadium Ridge property. The Vanadium Ridge property consists of 20 mining claims, covering over 5,200 acres, situated in close proximity to Kamloops, British Columbia.

  • The property (5.5km long and 4km wide) is located near the town of Barriere, B.C. 60kn north of the city of Kamloops. 

  • A highway, railway, high transmission power line, and river run through the property, only 4.5 km from drill targets. 

  • Qualifies for Super-Flow through funding for exploration.

  • The property is close to a large coal producing region in B.C. and is just over 300 km to Vancouver on Canada’s west coast, with shipping access to world markets.

  • Ideal for a quarry operation.

  • Iron and vanadium can be extracted by crushing and magnetic separation – Inexpensive and singular process.

  • Crushed and magnetically separated concentrate can be sold directly to steel producer.

  • A 2009 drill program completed 658 meters of diamond drilling in the Iron Ridge and Iron Mist Zones.

  • Multiple massive magnetite seams and pods discovered. All seven holes intersected broad intervals of magnetite mineralization with three holes ending while in magnetite-rich mineralized zones.