First Vanadium Resumes Drilling On Its Gold System On Carlin Gold Trend, Nevada

First Vanadium Corp. (TSXV: FVAN) (OTCQX: FVANF) (FSE: 1PY) (“First Vanadium” or the “Company”) is pleased to announce that reverse circulation drilling has resumed on its Carlin Gold-Vanadium Property on the Carlin Gold Trend of Nevada. Recent IP and drilling conducted by the Company resulted in the identification of a large-scale Carlin-type gold system on the property under the direction of proven mine-finder and Carlin gold expert Dave Mathewson. Drilling will vector into stronger and larger expressions of the root system defined by the IP survey recently completed over the entire property. Results of the IP survey will be announced shortly.

Dave Mathewson states, “The effective tracing of the root system by IP on our property gives us tremendous advantages in our selective vector drilling campaign. We are excited to resume drilling. The recent $6 million raise provides the fuel for an extensive season of drilling.”

About First Vanadium Corp.

First Vanadium has an option to earn a 100% interest in the Carlin Vanadium Project, located in Elko County, 6 miles south from the town of Carlin, Nevada and Highway I-80. The Project lies in the Carlin Gold Trend. The Carlin Vanadium-Gold Project also hosts the Carlin Vanadium deposit.

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