Vanadiumcorp Mobilizes Assessment Work ON the LAC Doré Vanadium, Iron, and Titanium Property
VANADIUMCORP MOBILIZES ASSESSMENT WORK ON THE LAC DORÉ VANADIUM, IRON, AND TITANIUM
PROPERTY
Vancouver, British Columbia and Chibougamau, Québec – The NewsWire -- 23 August 2024 – VanadiumCorp
Resource Inc. (TSX -V: VRB) (FSE: NWNA) (OTC: VRBFF) ("VanadiumCorp" or the "Company") is pleased to
announce mobilization this week of a field work program on the Company’s flagship Lac Doré deposit in Québec.
The work program will comprise mapping, sampling and other works that qualify towards assessment
commitments. It is envisioned that further field work, including geophysical surveys, will be undertaken on both
the Company’s Lac Doré and Iron-T properties this autumn.
Ian Mallory, Chairman and CEO of the Company, stated “We are focused on expanding our understanding of
the geological potential of the areas controlled by the Company adjacent to the Lac Doré dsposit. We are
pleased to be fielding a ‘boots on the ground’ initiative ahead of airborne and ground-based geophysics
planned for the fall”.
About VanadiumCorp Resource Inc.
VanadiumCorp Resource Inc. is engaged in the production of high-quality vanadium electrolytes for the
expanding international market for long -duration Vanadium Flow Batteries (VFB). The Company's pilot plant
facility is based in Val -des-Sources, Québec. The Company is also advancing technologies for the production of
the strategic V-Ti and potentially high grade Fe located at its vanadiferous titanomagnetite projects, including at
its flagship Lac Doré deposit near Chibougamau, Québec. The successful deployment of these technologies would
enable stable, long-term access to the Company’s deposits of critical metals, including vanadium feedstock for
the production of electrolytes by the Company.
On behalf of the Board of VanadiumCorp Resource Inc.
Ian Mallory
Chairman and CEO
Phone: +1.514.416.1749
Company contact information:
Suite 1201 – 1166 Alberni Street
Vancouver, British Columbia V6E 3Z3
Canada
3 rue de Boisé,
Marieville, Québec J3M 1S7
Canada
Email: [email protected] Website: www.vanadiumcorp.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S.
NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO
PURCHASE ANY SECURITIES DESCRIBED IN IT.
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Forward-Looking Statements
This document may contain forward-looking statements (including "forward-looking information" within the
meaning of applicable Canadian securities laws and "forward-looking statements" within the meaning of the US
Private Securities Litigation Reform Act of 1995) regarding, among other things, VanadiumCorp's business. and
the environment in which it operates. In general, forward-looking statements can be identified by the use of
words such as "anticipates", "expects" or "does not expect", "is expected", "budget", "forecast", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and
phrases or statements that certain actions, events or results "may", "could", "would", "could" or "will be
taken", "occur" or "will be achieved". VanadiumCorp relies on a number of assumptions and estimates to
make these forward-looking statements, including, without limitation, the ability to acquire the necessary
permits and authorizations to advance the Lac Doré property to the production stage, the ability to add to
existing resources at Lac Doré through drilling, the costs associated with the development and operation of its
properties. These assumptions and estimates are made in light of forecasts and conditions that are considered
relevant and reasonable based on available information and current circumstances. A number of risk factors
may cause actual results, level of activity, performance or results of such exploration and/or mine development
to differ materially from those expressed or implied by such forward-looking statements, including, without
limitation, whether such discoveries will result in commercially viable quantities of such mineralized materials,
the ability to modify project parameters as plans continue to be refined, the ability to execute planned future
exploration and drilling programs, the need for additional financing to continue exploration and development
efforts, changes in general economic, market and business conditions, and other risks outlined in
VanadiumCorp's latest Annual Information Form under the heading "Risk Factors" and in its other public
documents. Forward-looking statements are not guarantees of future performance and such information is
inherently subject to known and unknown risks, uncertainties and other factors that are difficult to predict and
that may be beyond VanadiumCorp's control. Although VanadiumCorp has attempted to identify important
risks and factors that could cause actual actions, events or results to differ materially from those described in
the forward-looking statements, there may be other factors and risks that cause actions, events or results not
to be as anticipated, estimated or intended. Accordingly, undue reliance should not be placed on these
forward-looking statements. In addition, all forward-looking statements in this press release are made as of the
date of this press release. VanadiumCorp disclaims any intention or obligation to update or revise any forward-
looking statements, whether as a result of new information, future events or otherwise, except as required by
applicable securities laws.
The forward-looking statements contained herein are expressly qualified by this disclaimer.
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