Announcement Date: 2022-07-25
Announcement Type: PEA
Announcement Code: NI43-101
Company name: Voyager Metals Inc.
Project name: Mont Sorcier
Location: Canada
Commodities: Iron,Vanadium,Silica
Highlight: PEA results incl. post-tax NPV (8%) of US$1.607B & IRR of 43.0%
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: TORONTO, CANADA, July 25, 2022– Voyager Metals Inc. (“Voyager” or the “Company”) (TSXV:VONE), is pleased to announce the results of a new Preliminary Economic Assessment (“PEA”) at its 100% owned Mont Sorcier iron and vanadium project located near Chibougamau, Quebec. The PEA was completed by Clinton Swemmer P.Eng. (PEO), VP Technical Services for Voyager Metals and a “qualified person” under National Instrument 43-101 – Standards of Disclosure for Mineral Projects of the Canadian Securities Regulators (“NI 43-101”), with input from independent consulting group InnovExplo Inc (“InnovExplo”) for the Mineral Resource Estimate and independent consulting group Soutex Inc (“Soutex”) for the Mineral Processing & Metallurgical Testing and Recovery Methods, Pierre-Jean Lafleur, P.Eng. (OIQ), VP Exploration at Voyager Metals and also a “qualified person” under NI 43-101 who completed the preliminary Mine Planning. The PEA for Mont Sorcier has been conducted based upon the Mineral Resource Estimate completed by InnovExplo and filed by Voyager on July 22, 2022, uses only the Measured and Indicated Resource in the North Zone outlined in the Company’s most recently released NI 43-101 Technical Report dated July 22, 2022, and available on SEDAR. The PEA outlines a robust economic assessment for Mont Sorcier based upon a traditional open pit mining scenario
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