13:21:49 EDT Thu 25 Apr 2024
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Vanadiumcorp Resource Inc
Symbol VRB
Shares Issued 233,013,819
Close 2019-02-06 C$ 0.075
Market Cap C$ 17,476,036
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Vanadiumcorp hires Longridge as technical adviser

2019-02-06 13:13 ET - News Release

Mr. Adriaan Bakker reports

VANADIUMCORP ENGAGES DR. LUKE LONGRIDGE AND CSA GLOBAL AS TECHNICAL ADVISORS

Vanadiumcorp Resource Inc. has hired Dr. Luke Longridge of CSA Global as a technical adviser and qualified person to assist with the development of the company's mineral assets. Dr. Longridge's extensive vanadium mine development experience is a welcome addition as Vanadiumcorp formalizes plans to develop both of the company's vanadium-titanium-iron mining assets in Quebec.

Dr. Longridge is a senior structural and economic geologist at CSA Global. He is also a registered professional natural scientist (PrSciNat) with the South African Council for Natural Scientific Professions (SACNASP). He recently moved to Vancouver, B.C., from South Africa after completing his tenure with Bushveld Minerals ($408-million (U.S.) market cap) as exploration manager. Bushveld Minerals is now established as one of only three primary vanadium producers in the world. Dr. Longridge has over a decade of technical and project management experience in both exploration and mining, working on magnetite and other deposits within the Bushveld complex, the largest igneous complex and one of the most economically significant mineral deposit complexes in the world. Dr. Longridge's vanadium mining expertise on the Bushveld complex is invaluable, as the company's mining assets have geological and metallurgical similarities to Bushveld complex magnetite deposits.

CSA Global is an international geological, mining and management consulting company with over 30 years of experience in providing strategic mining services and advice to companies in the international mining industry. Vanadiumcorp Resource has engaged Dr. Longridge, as well as additional consultants under CSA Global, to help expedite development plans for the Lac Dore and Iron-T vanadium-titanium-iron projects.

Dr. Longridge commented, "There are several geological similarities between the magnetite mineralization at the Bushveld complex in South Africa and the Lac Dore and Bell River complexes in Quebec, and I look forward to working with Vanadiumcorp Resource Inc. in their endeavour to develop their vanadiferous titanomagnetite deposits in Quebec."

Adriaan Bakker, chief executive officer of Vanadiumcorp, commented: "I am pleased to have Dr. Longridge join Vanadiumcorp's industry-leading technical team. His vanadium expertise will prove vital in North America for development of our mining projects within one of the most attractive mining jurisdictions of the world."

About Vanadiumcorp Resource Inc.

Vanadiumcorp Resource plans to develop its 100-per-cent-owned Lac Dore and Iron-T vanadium-titanium-iron assets adjacent to the Blackrock Metals Inc. project, which is currently permitted to build a mine and mill to produce a vanadium-rich magnetite concentrate.

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