Business
EMC Metals Receives a National Instrument 43-101 Technical Report and Resource Estimation for the Carlin Vanadium Project, Nevada
EMC Metals Receives a National Instrument 43-101 Technical Report and Resource Estimation for the...
About this update from Scandium International Mining Corp.
[{"type":"text","content":"\n\n\n\n May 6, 2010 (Canada NewsWire Group) -- TSX: EMC\n\n EMC Metals Corp. (TSX: EMC) is pleased to announce the receipt of a Canadian National Instrument 43-101 (NI 43-101) compliant technical report and resource estimation for the Carlin Vanadium Project, located approximately 40 km south of Elko, Nevada, USA.\nThe Carlin Vanadium Project consists of 72 unpatented mineral claims covering ~578 ha, located along the western flank of the Pinon Range within the headwaters of Cole Creek. The property is accessible year round via highway 278 and the Cole Creek Road from the town of Carlin, Nevada.\nEMC Metals Corp. Chief Executive Officer, Mr. George Putnam, states, "We are very pleased to add this NI 43-101 compliant resource estimation to EMC Metal's portfolio of NI 43-101 compliant specialty metals projects, including the recently announced NI 43-101 compliant scandium resource at the Nyngan Gilgai Project in Australia and NI 43-101 compliant tungsten resources at both the Springer Project in Nevada and at Fostung in Ontario, Canada."\nA Technical Report titled "NI 43-101 Technical Report on Resources, EMC Metals Corp., Carlin Vanadium Project. Carlin, Nevada", prepared by SRK Consulting US in 2010, will be filed on SEDAR within 45 days. The technical report outlines a NI 43-101 compliant Inferred Resource of 25.4 million tonnes grading 0.515% V2O5 for a total of 289 million lbs of total contained V2O5, see table below.\n\n\n >\n\n\nThe Carlin Vanadium Deposit was discovered in the 1960s by Union Carbide Corp. (UCC) when significantly anomalous vanadium was found in samples collected by UCC Geologists (Galli, 1968, Morgan, 1968). During 1967 and 1968 Union Carbide conducted exploration work including geological mapping, ~15,000 feet of trenching, and ~36,500 feet of drilling in 112 holes outlining a zone of vanadium mineralization within the current claim boundary.\nAt the Carlin Project, the vanadium mineralization is hosted within 15 m (50 ft) thick horizon of black shales within the Devonian Woodruff Formation, which consists of dark grey to black siliceous mudstones, and chert with lesser amounts of shale, siltstone, dolomitic siltstone, and calcareous sandstone. The Woodruff formation is unconformably overlain by shallow dipping Permian-Pennsylvanian siltstones, shales, conglomerates, and carbonates of...