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Vanadium One Iron Corp.: Vanadium One and Glencore Enjoin to Support Development of the Mont Sorcier Iron and Vanadium Project


Vanadium One Iron Corp.: Vanadium One and Glencore Enjoin to Support Development of the Mont Sorcier Iron and Vanadium Project
Eight Year Offtake Agreement securing market access for 100% of
Mont Sorcier production
TORONTO, ON / ACCESSWIRE / May 12, 2021 / Vanadium One Iron Corp. ( Vanadium One or the Company ) (TSXV:VONE), is very pleased to announce that it has entered into a long-term arrangement with a wholly owned subsidiary of Glencore plc ( Glencore ) to support the development of the Mont Sorcier Iron and Vanadium project located in Chibougamau, Quebec. The parties have entered into a Finance Raising Assistance Agreement ( FR Agreement ) and a separate Concentrate Offtake Agreement Offtake Agreement ) to support the ongoing development and the eventual construction and production of the Mont Sorcier iron and vanadium project. ....

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Vanadium One Iron Corp.: Vanadium One Iron Reports Strong Iron and Vanadium Grades in Eastern Extension of North Zone


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TORONTO, ON / ACCESSWIRE / February 3, 2021 / Vanadium One Iron Corp. ( Vanadium One or the Company ) (TSXV:VONE), is pleased to provide the initial head assay results from its 2020 drill program which targets the expansion of its current resource at its Mont Sorcier iron and vanadium project, located just outside of Chibougamau, Quebec. The program was designed to extend the current resource at Mont Sorcier by drilling the east end of the North Zone. The goal is to produce an updated Mineral Resource Estimate, which is currently planned for late Q1 2021.
Cliff Sale-Sanders, President and CEO commented
Our results continue to support our expectations in terms of grade and location of the mineralization and provides strong support for a significant expansion of the Mont Sorcier iron ore mineral resources. We believe the expanded resource will further validate the robust potential we see in the ongoing development of Mont Sorcier ....

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