American Vanadium – Permitting America’s only Vanadium Mine
American Vanadium Corp. (CVE:AVC), formerly Rocky Mountain Resources (CVE:RKY), is developing the Gibellini Project, 25 miles south of Eureka, Nevada. The Vanadium Hill Deposit on the Gibellini Project has a defined resource of 122 million pounds of V2O5 and an inferred resource of 16 million pounds. A scoping study by AMEC suggests a 40% IRR after tax, is possible.
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