Issue link: http://resourceworld.uberflip.com/i/1058321
D E C E M B E R / J A N U A R Y 2 0 1 9 www.resourceworld.com 33 completing a NI 43-101 resource estimate upon the completion of the program. GRAPHITE COMPANIES: Graphite One Resources Inc. [GPH-TSXV; GPHOF-OTCQX] has been carrying out a summer field program at its 100%-owned Graphite Creek deposit 59 km north of Nome, Alaska. The program is a key step in the ongoing field work in support of Pre-Feasibility Study. The field program followed a $4 million+ financing. Northern Graphite Corp. [NGC- TSXV; NGPHF-OTCQX] reported that SGS Canada Inc. has initiated a compre- hensive metallurgical test program on ore from the company's 100%-owned Bissett Creek graphite project, Refrew County, Ontario, to confirm results of previous studies which identified a number of promising opportunities to reduce capital and operating costs and further improve project economics. This work must now be brought up to the standards required in a full feasibility study. VANADIUM COMPANIES: Bluebird Battery Metals Inc. [BATT-TSXV; BBBMF-OTC] has begun initial explora- tion of its 100%-owned Ashburton Project located 315 km south of Karratha and 950 km north of Perth, Western Australia. The first phase of exploration will consist of ground reconnaissance mapping and sam- pling focused on areas where historical surface sample results, collected by others, yielded highly anomalous cobalt values. Bluebird also announced the dis- covery of new high-grade vanadium mineralization from the Phase One explo- ration program at its Canegrass Project, also in Western Australia. Hole BBRC001 returned 0.36% V 2 O 5 over 102.0 metres, including 0.49% V 2 O 5 over 20 metres and 078% V 2 O 5 over 17 metres, including 1.03% V 2 O 5 over 8 metres. First Vanadium Corp. [FVAN-TSXV], formerly Cornerstone Metals Inc., has released the results from the first six of 69 reverse circulation drill holes from its Phase II drilling on the 100%-optioned Carlin vanadium project located six miles south of Carlin, Nevada. The objectives of this drill program were to infill and expand the Carlin vanadium deposit. Drill results included 120 feet of 1.020% V 2 O 5 , 70 feet of 0.651% V 2 O 5 and 135 feet of 1.070% V 2 O 5 . A total 216 historical and recent drill holes have been completed on the property. Largo Resources Ltd. [LGO-TSX; LGORF-OTCQB] is involved in an expan- sion project to increase production capacity of the milling, fusion (deammoni- ator, furnace and flaking wheel), leaching and filtering areas at its Maracas Menchen Mine, Bahia State, Brazil. The expan- sion will see production capacity increase 25% from the nameplate rate of about 800 tonnes per month of vanadium pentoxide (V 2 O 5 ) to 1,000 tonnes per month. Capital expenditures for the plan are anticipated to total about US $15.5 mil- lion. Construction began early June with completion expected in a year. Maxtech Ventures Inc. [MVT-CSE] has planned detailed exploration on its two 100%-owned vanadium projects in Bahia, Brazil. The claims are on strike with Largo's producing Maracas Menchen vanadium mine. Exploration will be devel- oped in stages with geological mapping throughout the area aimed at identifying the geological formation where vanadium mineralization is probable. United Battery Metals Corp. [UBM- CSE] is advancing its Wray Mesa vanadium-uranium project in Montrose County, Colorado. The company states that the vanadium resource, based on a con- servative vanadium:uranium ratio of 6:1, would be 1,626,000 (0.95% avg. grade) indicated and 1,014,000 (0.88% avg. grade) pounds inferred. For the uranium resource, there are indicated resources of 271,000 pounds of uranium (0.16% eU 3 O 8 ) and 169,000 pounds of uranium (0.15% eU 3 O 8 ) inferred. Vanadium One Energy Corp. [VONE- TSXV; VDMRF-OTCQB; 9VR1-FSE] is expanding its Phase II drilling campaign at its Mont Sorcier vanadium-magnetite project 18 km east of Chibougamau, Québec. The company's plan is to continue outlining the South Zone by drilling an additional 2,000 metres in 10 drill holes, with each hole ~200 metres in length. Vanadiun One also has a 100%-optioned manganese project near Clinton, BC. Western Uranium & Vanadium Corp. [WUC-CSE; WSTRF-OTCQX] plans to reopen the Sunday Mine Complex (SMC) in Colorado. The company has a goal of upgrading the vanadium resource and monetizing these already significant vanadium resource holdings. The Sunday Mine Complex is an advanced-stage mine property comprising five individual mines (Sunday, St. Jude, West Sunday, Carnation and Topaz). Zimtu Capital Corp. [ZC-TSXV; ZCT1- FSE] and one of its prospecting partners have signed an option agreement for Maxtech to earn a 100%-interest in the Lac Patu vanadium project in the Nunavik Region, Québec. MANGANESE COMPANIES: American Manganese Inc. [AMY-TSXV; AMYZF-OTC; 2AM-FSE] is a critical metal company with a patent pending hydro- metallurgical process for recovering 100% cathode metals in lithium-ion batteries such as cobalt, lithium, nickel, manganese, and aluminum. AMY is focused on the recovery of these metals from lithium-ion batteries as their value can be as high as US $75.8 million per GWh of energy, and the global demand for lithium-ion batter- ies is forecast to increase 18% annually to US $46 billion in 2022. Manganese X Energy Corp. [MN-TSXV; SNCGF-OTC; SSM-Lima] has been conduct- ing metallurgical studies to upgrade ore and purification techniques to produce battery- grade material from its 100%-optioned Battery Hill manganese deposit in west- central New Brunswick. Several more stages in its research project have been completed. The project is supported through an agreement with the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). Further upgrading technologies and product puri- fication methodologies will be evaluated in the coming weeks. n BATTERY MINERALS