Mr. Kristien Davenport reports
VANADIUMCORP PROVIDES OVERVIEW OF LAC LAURA GOLD PROPERTY
Vanadiumcorp Resource Inc. has provided an overview of its wholly owned Lac Laura property, located in Levy township near Chapais, Que. The property comprises 39 mineral claims totalling 550.65 hectares, all in good standing and compliant with provincial regulations.
Strategically located adjacent to the historic Cooke mine, now part of the Opemiska copper-gold project operated by XXIX Metal Corp. (formerly QC Copper and Gold Inc.), Lac Laura lies within the prolific Chapais mining district, a region hosting numerous copper-gold vein systems and volcanogenic massive sulphide (VMS) lenses.
Historical exploration conducted by Minnova Inc. (a former subsidiary of Falconbridge) included geophysical surveys, surface stripping, channel sampling, underground
development and diamond drilling.
Historical estimate (1997 -- Minnova)
A historical, non-National Instrument 43-101-compliant estimate prepared in 1997 reported approximately 163,295 tonnes grading 5.83 grams per tonne (g/t) gold (Au) in the 113 North zone. This estimate is historical in nature and not compliant with NI 43-101. A qualified person has not done sufficient work to classify the estimate as a current mineral resource and the company is not treating the estimate as current. Further drilling, sampling and geological modeling will be required to verify or update this information. Investors are cautioned not to rely on these figures.
Vanadiumcorp acquired the Lac Laura property in 2007 and completed limited drilling between 2007 and 2012. In 2020, CSA Global Mining Industry Consultants conducted a data review and outlined recommendations for further exploration. At the time, Vanadiumcorp prioritized its vanadium-iron-titanium (VTM) portfolio, advancing the Lac Dore and Iron-T projects.
Lac Laura property -- strategic highlights:
- Located within the Chibougamau-Chapais mining cluster with established infrastructure (Highway 113, rail, power);
- Adjacent to the historic Cooke mine (now Opemiska copper-gold project);
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Covers favourable geology of the Blondeau formation and Bourbeau intrusive suite;
- Historical (non-NI 43-101) estimate by Minnova (1997): approximately 163,000 tonnes (t) at 5.83 g/t Au -- not current and not reliable until verified;
- High-grade historical grab samples: 128.5 g/t Au, 113 g/t silver (Ag) and 2.61 per cent copper (Cu);
- Trenching and underground development along shear-vein systems.
These historical figures are provided for reference only and should not be interpreted as current resources, reserves or economic projections. The property remains at the exploration stage with no current NI 43-101-compliant resource.
Going forward
With gold prices at multiyear highs, the company has initiated a 2025-2026 evaluation program to compile and reinterpret legacy data and design a work plan for 2026 as part of its broader asset optimization strategy.
Qualified person
The technical information in this news release has been reviewed and approved by Andre Gauthier, PGeo, a qualified person under NI 43-101 and director of the company. Mr. Gauthier has not independently verified the historical resource estimate and does not accept responsibility for its accuracy. His review was limited to ensuring the disclosure complies with NI 43-101 standards for historical data.
About Vanadiumcorp Resource Inc.
Vanadiumcorp Resource is a Canadian mineral exploration company focused on developing vanadium-rich assets in Quebec. Its flagship Lac Dore vanadium project offers high-purity vanadium with excellent recoveries, ideal for energy storage applications. The company has also built an electrolyte pilot plant in Val-des-Sources, Que., designed to test extracted vanadium materials and launch commercial production of vanadium electrolyte for VRFBs. With vanadium and titanium now designated as critical minerals in Canada and the United States, Vanadiumcorp is aligned with national strategies to strengthen domestic supply chains.
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