Mr. Ian Mallory reports

VANADIUMCORP CONDUCTS ANT SURVEY ON LAC DORE PROPERTY WITH CAUR TECHNOLOGIES

The fieldwork program is progressing on Vanadiumcorp Resource Inc.'s resource properties, as announced in the company's news release of Aug. 23, 2024. Work includes an ambient noise tomography (ANT) survey performed by CAUR Technologies Inc. across the vanadium, titanium and iron Lac Dore deposit in Quebec.

In December, CAUR Technologies began this innovative passive seismic survey to define further the structural geology and faulting of the Lac Dore main deposit. The ANT survey uses seismic interferometry to extract seismic waves from the Earth's ambient vibrations. ANT can image both very deep and very shallow structures. Presently, CAUR employs a geophone array to provide 3-D seismic tomography over a two-square-kilometre area. Measurements being carried out will continue into February.

Ian Mallory, chairman and chief executive officer of Vanadiumcorp, stated: "Lac Dore is Vanadiumcorp's flagship resource property, and we are working to update and upgrade our technical assessments of its true potential. We are very pleased to be working with the experts at CAUR on this important and cost-effective survey."

About Vanadiumcorp Resource Inc.

Vanadiumcorp Resource produces high-quality vanadium electrolyte for the expanding international market for long-duration vanadium flow batteries (VFB). The company's pilot plant facility is based in Val des Sources, Que. The company is also advancing technologies for producing the strategic V-Ti and potentially high-grade Fe located at its vanadiferous titanomagnetite projects, including at its flagship Lac Dore deposit near Chibougamau, Que. 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 company's electrolytes production.

The chief operating officer and director of Vanadiumcorp, Gilles Dupuis, PEng, is the qualified person (as defined in National Instrument 43-101) who has reviewed and approved this news release.

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