IN BRIEF: Corcel Pleased With Dempster Vanadium Project Sample Results
Thu, 14th Jan 2021 20:28
Corcel PLC - natural resources explorer and developer focused on battery metals - Says 14 rock and 179 soil samples collected during work programme at Dempster vanadium project, Canada. The rock samples yielded anomalous vanadium values ranging from 0.12% to 0.35% vanadium pentoxide, and 13 of the 14 rock returned anomalous zinc and silver values. Soil samples returned vanadium values up to 0.82% vanadium pentoxide.
Corcel holds a 50% interest in the Dempster Vanadium project. We are quite pleased with these exploration results from Canada. The rock and soil results are exceptionally good, indicating the presence and grade of the Canol Formation and enabling good formation tracking. We expect to have multiple accessible targets for near term drilling, says Chief Executive Scott Kaintz.
Posted: Dec 15, 2020 7:00 AM CT | Last Updated: December 15, 2020
Raymond Yakeleya is one of three Sahtu beneficiaries who claim financial irregularities and wrongdoings around the purchase of Canol Outfitters in 2017. (Livia Manywounds/CBC)
A three-year controversy surrounding the purchase of an outfitting company in the Sahtu region of the Northwest Territories came to a head last week at the Sahtu Assembly.
Canol Outfitters, previously known as Rams Head Outfitters, was purchased in 2017 by the Sahtu Land Corporations for $5.8 million. Much of that money came from a loan from the Sahtu Secretariat Inc. (SSI). At the time of the sale, then-chair of the secretariat Ethel Blondin-Andrew told CBC that the money for the loan came from a