Vanadium and Gold on same property - Optionality
First Vanadium’s Carlin Vanadium Project is located within Carlin Gold Trend – one of the world’s most desirable, favourable and prolific gold mining trends - where an untested high-caliber high-grade Carlin-style gold target has been recently interpreted on the Project by a renowned Nevada gold specialist and proven mine finder. This will be the near-term exploration focus.
The Project Hosts North America’s Largest Highest Grade Primary Vanadium Resource, located in Nevada. Positive Preliminary Economic Assessment announced on the Vanadium resource. Numerous opportunities to enhance
Our team is exceptional: An assembled team of seasoned, respected and successful explorers, mine builders and mine operators (over 400 years combined) motivated to advance the vanadium resource and make a gold discovery, whose geologists have made multiple gold deposit discoveries in their careers (10 in total); 6 in Nevada nearby our project (3-9 miles)
42.4 Million Shares
First Vanadium is listed on the:
A Highly Sought, Strategic Mineral Critical to Industries Ranging from Steel to Utility Scale Battery Storage Technology
The Mineral of Choice for Next Generation Battery Storage Technology and Renewable Energy Applications
The 1,140 acre Carlin Vanadium Property located seven air miles south of Carlin, Nevada has exceptional infrastructural advantages. The property is road accessible from Carlin and Elko. Carlin is a major rail hub to both coasts. Power is <3 miles from the property. The property was explored and drilled by Union Carbide Corporation (UCC) in the late 1960’s who defined a vanadium deposit. The deposit is near surface and shallow dipping making it amenable to open pit mining methods. In 2010 SRK produced an Inferred resource of 28Mst grading 0.515% V2O5, which is considered by the Company to be historic and should not be relied upon. The Company is moving quickly to infill-drill the deposit to upgrade the historic resource to a NI43-101 compliant indicated resource.