Vanadium
American Vanadium Corp. (TSXV:AVC,OTCQX:AVCVF) entered into a master sales agreement with Gildemeister energy solutions, where the Company will market and sell Gildemeister’s vanadium redox flow batteries in North America.
Largo Resources Ltd. (TSXV:LGO) is progressing with construction at its Maracás Vanadium Project in Brazil. Largo continues to remain on budget and on schedule with this project and has made substantial progress.
Largo Resources Ltd. (TSXV:LGO) recieved the Latin American Mining and Metals Deal of the Year Award for 2012 for the Company’s Maracas vanadium project financing. This was awarded to the Company by the Project Finance Magazine.
West Melville Metals Inc. (TSXV:WMM) filed the NI 43-101 Technical Report for the Isortoq Iron-Titanium-Vanadium Project in Greenland. Included in the report was an Inferred Mineral Resource Estimate for the Isortoq Project of 70.3 million tonnes grading 0.144% vanadium pentoxide (V2O5), applying a 15% iron cutoff.
PacificOre Mining Corp. (TSXV:PC,OTCQX:APAFF,FWB:NWN) arranged a private placement for total proceeds of $137,000. Included are up to 1,385,715 units at a price of $0.07 per unit and 500,000 units at a price of $0.08 per unit.
Largo Resources Ltd. (TSXV:LGO) is to commence electrical-mechanical assembly at its Maracas Vanadium Project in Brazil. Civil construction is proceeding as planned and current construction activities on-site are progressing on budget and on schedule.
Largo Resources Ltd. (TSXV:LGO) expands the production at its Maracás Vanadium Project in Brazil after receiving results from a National Instrument 43-101 compliant Preliminary Economic Assessment.
PacificOre Mining (TSXV:PC,OTCQX:APAFF,FWB:NWN) announced that the Magnetometric Geophysical Survey carried out by Geosig over the Lac Dore Vanadium-Iron-Titanium Deposit confirms the existence of the 2.6 km long and 200 m wide magnetic anomaly. This anomaly corresponds to the main Lac Doré Fe-Ti-V deposit which was the object of the SNC-Lavalin’s 2002-2003 resource calculation (non NI-43-101).
PacificOre Mining Corp. (TSXV:PC,OTCQX:APAFF,FWB:NWN) just appointed Mr. Terry Perles, one of the world’s most highly regarded Vanadium authorities, to the Company’s Advisory Board.
