Regency Mines Acquires Interest in Canadian Vanadium Project
Date: Jan 25, 2019
Battery metals focused exploration and development company Regency Mines (LSE:RGM) has acquired a 50 percent interest in a Yukon-based vanadium project.
As quoted from the press release:
Highlights:
- The project includes 196 claims covering 40.96 square kilometres covering a mineralised trend with up to 20 kilometres of potential strike;
- All points on the property lie within 1.8km of the Dempster Highway, some 65 km north of the Eagle River Lodge, northern Yukon;
- The target is primary vanadium in black shale and historic exploration includes soil, silt & rock sampling which outlined numerous broad zones of strongly anomalous vanadium. Drill testing of the targets, although limited to date, identified multiple vanadium bearing intervals;
