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VTM Concentrate Sample Production Commences

Corporate Updates

VTM Concentrate Sample Production Commences

TSX-V: "VRB"

VANCOUVER, June 9, 2017 /CNW/ - VanadiumCorp Resource Inc. (TSX-V "VRB") (the "Company") is

pleased to announce sample production of vanadiferous titanomagnetite "VTM" concentrate for

integration into phase II of VanadiumCorp-Electrochem Technology has commenced. In April 2017, IOS

Services Geoscientifiques Inc. "IOS" in Saguenay, Quebec was mandated by VanadiumCorp to produce

a clean VTM concentrate from drill core of The Company's 100% owned Lac Dore Vanadium Project in

Quebec, Canada. Phase I testing by VanadiumCorp-Electrochem Technology established required

specifications to be met for feedstocks for further processing. Aside from grain size and purity controls,

iron filing is eliminated from VTM concentrate produced from the milling circuit by utilizing ceramic-based

equipment. The VTM concentrate is transported to Boucherville, Quebec for direct processing with

VanadiumCorp-Electrochem Technology.

VanadiumCorp is partnered with Electrochem for development of patent-pending and patented

technologies to develop high performance vanadium electrolyte for energy storage and solving

conventional supply chain constraints by enabling a wider spectrum of raw materials and several

diversified products. The entire process is 100% green with zero emissions and low energy consumption.

The first stage of the technology converts VTM concentrate into copperas crystal. High purity iron is then

recovered by electro-winning while vanadium remains in solution and titanium dioxide is left as

marketable residue. The process is expected to be applicable to various types of feedstock, such as:

 VTM from 100% owned Lac Dore Vanadium Project - Preliminary economic assessment pending

 VTM from 100% owned Iron-T vanadium project – Re-evaluation pending

 Calcine from existing primary vanadium producers

 VTM slag from existing steel, iron and vanadium producers

 Fly ash waste from oil producers

 Mining and industrial waste from other multicommodity producers

Conventional pyrometallurgical processes used for vanadium, titanium and steel production utilize either

direct soda ash roasting of the magnetite followed by water leaching, or the arc smelting and slagging of

the magnetite followed by soda ash roasting of the vanadium-rich slag. Smelting or roasting is capital

intensive, energy intensive, with high operating costs, technical risks and significant emissions of

greenhouse gases that add to other environmental issues. Hydrometallurgical processes for the

extraction of vanadium have been proposed in the last decade as a higher efficiency alternative in

replacement of the conventional processes but failed to be robust without iron production and acid

recycling. The Vanadiumcorp-Electrochem Technology addresses these key issues and allows the full

recovery of vanadium chemicals used for preparing Vanadiumcorp ElectrolyteTM as well as the concurrent

production of a high quality and competitive iron co-product.

Electrochem Technologies & Materials Inc. is a research and development company that invents,

develops, patents, scales-up and commercializes proprietary metallurgical and electrochemical

technologies that are innovative, and sustainable. VanadiumCorp-Electrochem Technology is located at

Electrochem's facilities in Boucherville, Quebec.

The Vanadiumcorp plan for Canada includes 100% owned NI 43-101 vanadium-iron-titanium resources,

green process technology and global partnerships. Vanadiumcorp ElectrolyteTM can be reused indefinitely

by vanadium redox flow batteries and represents a unique opportunity for cost reduction potential and

increase of battery life.

This release was approved by Mr. Rejean Girard, P. Geo. Mr. Girard is a qualified person as

defined by National Instrument 43-101.

On behalf of the board:

Adriaan Bakker,

President and Chief Executive Officer

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.

SOURCE VanadiumCorp Resource Inc.

View original content with multimedia:

http://www.newswire.ca/en/releases/archive/June2017/09/c7948.html

%SEDAR: 00025501E

For further information: Adriaan Bakker, President, CEO, By phone: 604-385-4489, By email:

[email protected], Website: www.vanadiumcorp.com

CO: VanadiumCorp Resource Inc.

CNW 10:30e 09-JUN-17