Exploration / Development > Feasibility

VanadiumCorp to advance Lac Dore

VanadiumCorp Resources (CN:VRB) plans to advance its “outstanding” Lac Dore vanadium project in Quebec on releasing a positive preliminary economic assessment, as vanadium prices strengthen on clean energy demand.

Staff reporter

Exploration / Development > Feasibility

VanadiumCorp to advance Lac Dore

VanadiumCorp Resources (CN:VRB) plans to advance its “outstanding” Lac Dore vanadium project in Quebec on releasing a positive preliminary economic assessment, as vanadium prices strengthen on clean energy demand.

Staff reporter

VanadiumCorp to advance Lac Dore

VanadiumCorp says Lac Dore is one of the premier undeveloped vanadium resources

The PEA outlines a pre-tax NPV just over C$1 billion (US$0.82 billion), an IRR of 17.46%, and a 20-year mine life producing 864,000 tonnes a year of vanadiferous titanomagnetite concentrate at an average head grade of 26.6% VTM and 1.08% V2O5.