Vanadium Company News Directory

VanadiumCorp Releases Lac Dore Resource Estimate: Inferred 111.9Mt @ 0.42% V2O5

VanadiumCorp Resource Inc. (TSXV:VRB) released its mineral resource estimate for the Lac Dore Vanadium Project in Quebec: based on assay results from the magnetite concentrate only, the Lac Dore East Deposit has an Inferred resource of 28,444,000 tonnes of magnetite concentrate grading 1.09% V2O5. The overall Inferred resource represents 111,934,000 tonnes (not only concentrate) grading 0.42% V2O5.

Largo Resources Receives Term Sheet for Debt Restructuring

After receiving some skepticism from at least one analyst regarding its production guidance and outlook for 2015, Largo Resources (TSXV:LGO) appears to have made progress towards a debt restructuring agreement. The company announced Monday that it had received a non-binding indicative term sheet from its existing lenders to defer its debt amortization schedule and extend maturities for its construction debt facility for the Maracas Menchen Mine.