First Vanadium More than Doubles the Size of Its Carlin Vanadium Property in Nevada
First Vanadium More than Doubles the Size of Its Carlin Vanadium Property in Nevada
March 19, 2019 ‐ Vancouver, British Columbia – First Vanadium Corp. (formerly Cornerstone Metals Inc.)
(TSX‐V: FVAN) (OTCQX®: FVANF) (FSE: 1PY) ( “First Vanadium” o r t h e “Company”) is pleased to announce
that it has more than doubled the size of its Carlin Vanadium P roperty from 1,331 acres to 3,177 acres. The
Company has staked and filed with the Bureau of Land Management (BLM) 1,846 acres of unpatented lode
claims over Federal lands adjacent to and proximal to the origi nal core claims. The new claims provide the
Company with a larger working area around the Carlin Vanadium deposit.
Vanadium is growing in importanc e for key industrial manufactur ing sectors most notably steel and
renewable energy. Today, more than 90% of the world’s vanadium is used in steel manufacturing
applications. Its importance to the energy sector is also growing rapidly with more than 5% of vanadium
production used in energy storage where its substantial cost and performance benefits make it an alternative
choice to lithium ion in several areas.
About First Vanadium Corp.
First Vanadium (formerly Cornerstone Metals Inc.) has an option to earn a 100% interest in the Carlin
Vanadium Project, located in Elko County, 6 miles south from th e town of Carlin, Nevada on Highway I‐80.
The Carlin Vanadium Project hosts the Carlin Vanadium Deposit which is flat to shallow dipping and at
shallow depths with strike lengt h of approximately 1,800 metres , width averaging 600 metres and thickness
ranging from 15 metres to 50 metres. The Company announced its maiden resource February 27, 2019.
ON BEHALF OF FIRST VANADIUM CORP.
per: "Paul Cowley"
CEO & President
(778) 655‐4311
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 include the Comp any’s ability to meet its obligations under the Access
and Mineral Lease Agreement and the conditions required to exer cise in full its option to acquire the Carlin Vanadium
project. 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 implie d by such forward‐looking statements. Forward‐looking
statements involve significant risks and uncertainties, they sh ould 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 m anagement of the Company believes are reasonable
assumptions on the date of this news release, the Company canno t assure investors that actual results will be consistent
with these forward‐looking statements. The forward‐looking stat ements contained in this press release are made as of
2
the date hereof and the Company disclaims any intention or obli gation to update or revise any forward‐looking
statements whether as a result of new information, future events or otherwise, except as required under applicable
securities regulations.