Date: Nov 8, 2018

First Vanadium Corp. (formerly Cornerstone Metals Inc.) (TSXV: FVAN) (OTCQX: CCCCF) today announced that it has expanded the Carlin vanadium deposit following results from its Phase 2 drilling on the project in Nevada.

The raw material is primarily used to strengthen steel. CEO Paul Cowley said this is an excellent start to the deposit expansion, with intercepts of good grade and thickness so near surface in a flat valley

Drilling focused on a 300m x 220m untested area beyond the known limits of the deposit. This drilling proved continuity of shallow near horizontal mineralization, connecting to the nearest previous drill holes. The average thickness of the zone in this new area is 18.7m with an average grade of 0.60% V2O5.

First Vanadium president and CEO Paul Cowley said this is an excellent start to the deposit expansion, with intercepts of good grade and thickness so near surface in a flat valley.

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