Apella Resources Inc. (CVE:APA) reports that according to an updated resource estimation by SGS-Geostat, there may an increase of approximately 24% in the quantity of the inferred resource at its Iron-T Vanadium-Iron-Titanium Project in Quebec, Canada.
MacDonald Mines Ltd. (CVE:BMK) announced that it has signed an exploration agreement with the Kasabonika First Nation.
North Bay Resources Inc. (OTCBB:NBRI) announced that it has secured additional claims close to its Tulameen Platinum Project in southeastern British Columbia.
Argex Mining Inc. (CVE:RGX, FSE:ASV, OTCBB:ARGEF) signed a letter of intent with Canadian Titanium Ltd. to buy up to 50.1% of CTL.
Shares in Montreal-based junior Argex Mining (CVE:RGX) climbed 35% on Thursday after the company announced metallurgical test results at its La Blache titanium deposit.
Canada is moving up on the list when it comes to vanadium production, and therefore is well positioned to capitalize on the current green energy push.
The first fortnight of the new year brought in a lot of cheer for vanadium.
Vanadium is one of the metals of the future, and investing in it is a sure-fire bet, at least for the long-term. With optimism on the immediate horizon, global demand for vanadium is also expected to rise in 2010.
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