CleanTech Engages Mercator Geological Services to Prepare NI 43-101 Technical Report on the Campbell-Crotser Fluorspar Project
CleanTech Engages Mercator Geological Services to Prepare
NI 43-101 Technical Report on the Campbell-Crotser
Fluorspar Project
Vancouver, British Columbia, September 18, 2026 - CleanTech Vanadium Mining Corp.
("CleanTech" or the "Company”) (TSX-V: CTV, OTCQB: CTVFF) is pleased to announce that
it has engaged Mercator Geological Services Limited (“Mercator”), a geological consulting firm
based in Dartmouth, Nova Scotia, Canada to prepare an independent technical report on its
Campbell-Crotser fluorspar project (the “Campbell-Crotser Project” or the “Project”) in
Livingston County, Kentucky. The report will be prepared in accordance with National
Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). The Company
is also working with the Kentucky Geological Survey to assay archived historical drill core from
the Project for fluorspar, silver, zinc, lead and other critical minerals.
The engagement is being led by Michael Cullen, P.Geo., Chief Geologist of Mercator, a
professional geologist with over 40 years of mineral exploration experience, that includes
previous work in the Illinois-Kentucky Fluorspar District (the “IKFD”). Mr. Cullen visited
Campbell-Crotser in August 2026 as part of the engagement.
The technical report will describe the Campbell-Crotser’s geology and mineralization, reference
the Project’s historical exploration and drilling, and will set out a recommended work program to
realize the Project’s potential. Mercator anticipates completing the report in the fourth quarter of
2026.
About the Campbell-Crotser Project
The Campbell-Crotser Project is located in Livingston County, Kentucky and within the IKFD-
historically the principal fluorspar-producing district in the United States. Fluorspar mineralized
zones with zinc and lead by-products occur as a vein system hosted along the Campbell fault.
The Project has been tested by 77 historic drill holes, including drilling completed by Cerro Spar
Corporation in the 1970s. Fluorspar is designated a critical mineral by the United States.
Historic Core Assay Program
The Company is working with the Kentucky Geological Survey (KGS) research center at the
University of Kentucky to sample and analyze historical drill cores from Campbell-Crotser
archived at the KGS Earth Analysis Research Library in Lexington, Kentucky. Once the
proposed program is approved by KGS, the archived cores will be analyzed for fluorspar, silver,
zinc and other critical minerals, with the objective of verifying historical mineral grades under
modern analytical and quality-control protocols and supporting the validation of the Project’s
historical drill database.
Sampling will be conducted in accordance with the sampling policies of the KGS, which require
that sufficient archive material be retained in each core box for future examinations. Analytical
results generated from repository material are provided to the KGS and become part of the
public record of the collection. Samples will be analyzed at the University of Kentucky
laboratory, and results will be reviewed by the Company’s qualified person before disclosure.
Historical Drilling Information
References in this news release to historical drilling relate to work completed by previous
operators before the Company’s involvement with the Project. The Company has not
independently verified the historical drilling data, which are presented for context only and
should not be relied upon. The historical core assay program described in this news release is a
verification program and will not, on its own, support a mineral resource estimate, and there is
no guarantee that its results will be consistent with the historical assays.
Stock Options Grant
The Company also announces that its board of directors has approved the grant of incentive
stock options (the “Options”) to certain directors, officers, employees and consultants to acquire
an aggregate of 2,250,000 common shares in the capital of the Company at an exercise price of
CAD 0.12. All Options were granted pursuant to the Company’s 10% rolling stock option plan
(the “Plan”) and are subject to the terms of the Plan, the applicable grant agreements and the
requirements of the TSX-V. The Options are exercisable for a five-year term expiring September
16, 2031. The Options will vest at 12.5% per quarter for the first two years following the grant
date starting on December 16, 2026.
Qualified Person
The technical contents of this news release have been reviewed and approved by Michael
Hendrickson, P.Geo (3254) who is a member of the Professional Geoscientists of Ontario. Mr.
Hendrickson is a consultant to the Company, and a qualified person as defined by National
Instrument 43-101.
About CleanTech Vanadium Mining Corp.
CleanTech is a mining company focused on critical mineral resources in the USA. The Company
has an option to acquire more than 17,550 acres of mineral rights with historic al fluorspar
resources across multiple projects in the Illinois-Kentucky Fluorspar District. CleanTech also owns
a 100% interest in the Gibellini Vanadium Mine Project in Nevada.
Further information on CleanTech can be found at www.cleantechvanadium.com.
CLEANTECH VANADIUM MINING CORP.
ON BEHALF OF THE BOARD
"John Lee"
CEO and Director
For more information about CleanTech, please contact:
Phone: 1.877.664.2535
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.
FORWARD-LOOKING INFORMATION
This news release contains “forward-looking information” and “forward-looking statements” within
the meaning of applicable Canadian securities laws (collectively, “forward -looking information”).
Forward-looking information is generally identifiable by the use of words and phrases such as
“believe,” “may,” “plan,” “will,” “anticipate,” “intend,” “could,” “estimate,” “expect,” “forecast,”
“project,” “potential,” “target,” “objective,” and similar expressions, including the negative of such
expressions. Forwar d-looking information in this news release includes, but is not limited to,
statements regarding the preparation, timing, submission, review and potential approval of
mining, processing, environmental, water and other regulatory permit applications for the
Campbell-Crotser Fluorspar Project ; the expected timing, scope and results of technical and
baseline studies; the proposed Campbell-Crotser underground mine and flotation plant, including
the initial extraction rate, onsite processing of raw fluorspar material, potential processing plant
expansion and po tential receipt of feed from other IKFD deposits; ongoing community
engagement; the Company’s expectations regarding private land, title and access matters; the
availability of financing; potential construction, development and operation of the proposed mine
and plant; and the Company’s expectations regarding the Campbell-Crotser Fluorspar Project.
Forward-looking information is based on the opinions, estimates and assumptions of
management as of the date of this news release, including assumptions regarding the Company’s
ability to prepare and submit complete permit applications and supporting technical and baseline
studies as currently contemplated; the timing and outcome of regulatory revi ew by DMRE,
KYDOW, MSHA and other applicable authorities; the availability of personnel, contractors,
consultants, equipment, permits, approvals, financing and other resources; the accuracy and
reliability of historical information, geological interpretati ons and technical data; the suitability of
the Campbell-Crotser Fluorspar Project for a proposed underground mine and flotation plant,
including potential processing plant expansion and future feed from other IKFD deposits;
continued constructive engagement with the local community; the Company’s expectations
regarding private land, title and access matters; future commodity prices, market conditions and
regulatory requirements; and the absence of material adverse changes affecting the Company or
the Project. Although the Company considers these assumptions to be reasonable, they may
prove to be incorrect.
Forward-looking information involves significant risks and uncertainties, should not be read as a
guarantee of future performance, events or achievements, and actual results may differ materially
from those expressed or implied by such information. These r isks and uncertainties include,
among others, risks relating to permitting, regulatory review and development activities;
uncertainty as to whether permit applications and supporting technical and baseline studies will
be completed or submitted on the expected timeline, in the expected scope or at all; uncertainty
as to the timing, conditions or outcome of regulatory review by DMRE, KYDOW, MSHA and other
applicable authorities; uncertainty as to whether the proposed underground mine, flotation plant,
processing plant expansion or receipt of feed from other IKFD deposits will proceed as
contemplated or at all; environmental, water, reclamation, technical, operational and metallurgical
risks; risks relating to community engagement, stakeholder concerns, privat e land, title and
access; availability and cost of labor, equipment, contractors, consultants, power, water,
transportation and other infrastructure; financing, construction, development and capital market
risks; commodity price and foreign exchange volatility; weather and other conditions affecting site
activities; changes in business plans, economic conditions or applicable laws; and the other risks
described in the Company’s latest annual and interim management’s discussion and analysis,
available on SEDAR+ at www.sedarplus.ca.
Forward-looking information is not a guarantee of future performance, events or results, and
actual results may differ materially from those expressed or implied by such forward -looking
information. Readers should not place undue reliance on forward-looking information. All forward-
looking information in this news release is made as of the date hereof, and the Company
undertakes no obligation to update or revise any forward-looking information, whether as a result
of new information, future events or otherwise, except as required by applicable securities laws.