First Vanadium Appoints Carlin Gold Specialist and Former Newmont Exploration Manager, Dave Mathewson to Advisory Board
First Vanadium Appoints Carlin Gold Specialist and Former Newmont Exploration Manager, Dave
Mathewson to Advisory Board
November 21, 2019 - Vancouver, British Columbia – First Vanadium Corp. (TSX-V: FVAN) (OTCQX®: FVANF)
(FSE: 1PY) (“First Vanadium” or the “Company”) continues to seek high calibre people to augment its team
to advance the Carlin Vanadium Project , located six miles south of Carlin, Nevada. We are pleased to
announce the appointment of Dave Mathewson to our Advisory Board . Recently Mr. Mathewson was
engaged to assess the gold potential on the Company’s Carlin Vanadium Project, as it is strategically located
within the prolific Carlin Gold Trend of Nevada. The Company announced his findings (see news release dated
November 12, 2019 ) of an interpreted Carlin-style high -grade gold target at depth on the Company’s
property. The quality and significance of this exciting gold target has compelled Mr. Mathewson to join the
Company’s Board of Advisors and assist in the ongoing advancement of this substantial exploration
opportunity.
Paul Cowley, President & CEO stated , “I am pleased to wel come Dave Mathewson to the Advisory Board,
where we will benefit from his 35 years of conducting and managing gold exploration in Nevada. Mr.
Mathewson’s interest and decision to join our Advisory Board is a strong endorsement on the quality and
significance of the gold target. The Company will explore options to advance evaluation of the gold target
with his guidance. I would also like to reiterate our primary focus on the vanadium resource on the property
which is being advanced to a Preliminary Economic Assessment (PEA) conducted by Wood Canada Limited,
with completion forecast for Q1 2020.”
Mr. Mathewson is a renowned Carlin Gold Trend specialist and former Newmont Mining Corporation
Regional Exploration Manager. Mr. Mathewson was instrumental in several significant gold discoveries in the
Rain and Railroad Mining Districts in the southern portion of the Carlin Gold Trend, where the Carlin
Vanadium Project is located. During the 1990’s while at Newmont, Mr. Mathewson led the team w hich
discovered the Tess, Northwest Rain, Saddle, and South Emigrant gold deposits in the Rain District, which
total over 4 million ounces of gold. In 2009, he was a founder of Gold Standard Ventures Corp. (GSV-TSX and
NYSE) and served as its Vice President of Exploration until 2015. During this period, his exploration team
discovered the North Bullion gold, Bald Mountain gold and copper, and Sylvania silver and copper deposits,
as well as acquired the Pinion gold deposit, all in the Railroad District.
The Carlin Vanadium Project is strategically located within the world-class Carlin Gold Trend of Nevada, thus
benefitting from the Trend’s well-established mining infrastructure. The project is within 6 miles of highways,
railhead and power.
About First Vanadium Corp.
First Vanadium has an option to earn a 100% interest in the Carlin Vanadium Project, located in Elko County,
6 miles south from the town of Carlin, Nevada and Highway I-80. The Carlin Vanadium Project hosts the Carlin
Vanadium deposit, which is flat to shallow dipping and at shallow depths with strike length of approximately
1,800 metres, width averaging 600 metres and thickness ranging from 15 metres to 50 metres.
ON BEHALF OF FIRST VANADIUM CORP.
per: "Paul Cowley"
CEO & President
(778) 655-4311
2
www.firstvanadium.com
Technical disclosure in this news release has been reviewed and approved by Paul Cowley, P.Geo., a Qualified
Person as defined by National Instrument 43-101, and President and CEO of the Company.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking information
Certain statements in this news release constitute "forward- looking" statements. These statements relate to future events or the
Company's future performance and incl ude the Company’s ability to meet its obligations under the Access and Mineral Lease
Agreement and the conditions required to exercise in full its option to acquire the Carlin Vanadium project , and to drill test the
interpreted gold target . All such statements involve substantial known and unknown risks, uncertainties and other factors which
may cause the actual results to vary from those expressed or implied by such forward- looking statements. Forward- looking
statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results, and
they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially
from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release
are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the
Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking
statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to
update or revis e any forward -looking statements whether as a result of new information, future events or otherwise, except as
required under applicable securities regulations.