Policy Act review process. In addition,
American Vanadium has submitted a reclamation plan to the Nevada Division of
Environmental Protection.
Crosshair Energy Corp. [CXX-TSX;
CXZ-NYSE MKT] holds the CMB uraniumvanadium project in Labrador, Canada.
The project currently has four defined
resources: C Zone, Area 1, Armstrong
and the Two Time. On August 22, 2012,
the company announced drill results that
included hole ML-12-197 in the C Zone
corridor, positioned halfway between
the Area 1 and the Trout Pond prospects.
From 66-68 metres 0.153% V2O5 was intersected; from 76-78 metres, 0.167% V2O5;
and 96-106 metres 0.150% V2O5. Effective
August 22, 16 holes for 2,923 metres have
been drilled at the property. Currently, the
C Zone corridor contains NI 43-101-compliant indicated resources of 14.71 million
tonnes, grading 0.152% V2O5 for 42.82
million lbs V2O5 contained.
EMC Metals Corp. [EMC-TSX] wholly
owns the Carlin vanadium project, which
covers 1,149 acres along the Carlin gold
trend in Nevada. Under a 2010 NI 43-101
technical report, and with a cut-off of
0.30% V2O5, the property hosts 24.5 million tonnes, grading 0.51% V2O5 for 289
million lbs V2O5 contained.
Energizer Resources Inc. [EGZ-TSX;
ENZR-OTCBB; YE5-Frankfurt] holds a
75% stake in the Green Giant Project in
south-central Madagascar, the remaining share is held by joint-venture partner
Malagasy Minerals. The project���s vanadium is sediment-hosted and comprises
49.5 million tonnes indicated resources
for an average grade of 0.693% V2O5, with
756.3 million lbs V2O5 contained. Inferred
resources stand at 9.7 million tonnes, for
an average grade of 0.632% V2O5, with
134.5 million lbs V2O5 contained. In H2
2011, the company discovered graphite
at Green Giant. Five graphite zones have
been identified and have become the company���s primary focus.
Largo Resources Ltd. [LGO-TSXV] is
advancing the Maracas vanadium project, 250 km southwest of Salvador, the
capital of Bahia State, Brazil. Construction
12 www.resourceworld.com
MARCH 2013
