• TSX.V: FVAN :
  • OTCQX®: FVANF
  • Frankfurt: 1PY :
  • Vanadium: US

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By Feb. 8, First Vanadium completed the infill diamond drilling program on its Carlin Vanadium Project with 20 vertical holes in 1629.61 metres of HQ core. The recent infill drilling program has tightened the drill spacing from the systematic 60 metre to locally 45 metre centres along the spine of the deposit. The confirmation drill program:

  • Confirmed and improved the confidence of the geological model of the deposit
  • Confirmed and improved continuity of grade and thickness of the high-grade near surface vanadium unit
  • Provided samples from across the full span of the deposit for metallurgical test work, which has been initiated through Sherritt Technologies

The figure below graphically demonstrates the First Vanadium and historic drill hole collars, outer limits of the historic resource and the deposit sectors. The section lines A through F relate to tabling of drill results described in the Company’s February 28, March 4, and April 17, 2018 news releases.

Technical disclosure has been reviewed and approved by Paul Cowley, P.Geo., a Qualified Person as defined by National Instrument 43-101, and President and CEO of the Company. For more details refer to the Technical Report on the Property entitled NI 43-101 Technical Report on the Carlin Vanadium Project, Carlin, Nevada dated October 26, 2017 authored by Bart Stryhas, PhD, CPG and John Cooper, P.E. of SRK Consulting (US) Inc. (“SRK”) filed on SEDAR November 8, 2017.

Resource verification drilling A F