VONE Background Pic.PNG

Voyager Metals Inc.

TSXV:VONE

Mineral exploration and development company based in Canada advancing its 100% owned Mont Sorcier iron and vanadium project

Overview

  • Toronto stock exchange listed Canada based iron and vanadium mineral exploration Company. The Company’s project- Mont Sorcier is based just outside of Chibougamau, Quebec. Quebec is identified as one of the best jurisdictions in the world for mining.

  • Project Mont Sorcier Large-scale, iron ore and vanadium project with high grade product potential. Project covers an area of approximately 1,919 hectares (4,797.5 acres).

  • In 2020 company declared the results of PEA on the project site. The total cumulative, after tax FCF for the 37 year mine life was predicted at C$6.3B ($5.2B USD)

  • After issuance of the PEA report Company has 2-year plan to deliver the Feasibility Study for the project, where in year 1 company is expecting to undertake Drilling Program to upgrade resources to M&I to support at least 20 year mine life and undertake additional detailed metallurgical work. 

  • Agreement with Glencore to support US$8m of a US$10m fundraise to support BFS. Glencore will gain an 8 year offtake for 100% of the vanadium and this could be increased to life of mine if support equity or debt funding for project construction.

  • The Mont Sorcier project has excellent infrastructure potential; low-cost Hydro Power Readily available, it also has 2 deep water ports- Saguenay and Quebec City, which are available for exports.  

  • In August 2021 Company has signed a Memorandum of Understanding with the Port of Saguenay to mutually advance the development of the Mont Sorcier project and the planned use of the port to export iron ore concentrates.

  • In August 2021 prior to the MOU, Port of Saguenay announced $33m financial support by the Federal Government of Canada and a $33 million investment by the Provincial Government of Quebec towards the construction of a multi-user conveyor system to connect the industrial zone and railway installations to the maritime terminal for ship loading/unloading. Total investment of $66m.

VONE Location Map.PNG

Share Price

Reserves & Resources

VONE RnR.PNG