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Strategic Resources Provides Mustavaara Permitting and Testing Program Update
Strategic Resources Provides Mustavaara Permitting and Testing Program Update C...
About this update from Strategic Resources Inc.
[{"type":"text","content":"\n \n \n \n Strategic Resources Provides Mustavaara Permitting and Testing Program Update\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Nov. 9, 2021\n \n /CNW/ -\n \n Strategic Resources Inc.\n \n (TSXV: SR)\n \n \n (the \"Company\" or \"Strategic\") is pleased to announce that it has transferred existing environmental permits for its 100% owned vanadium-iron Mustavaara project in\n \n Finland\n \n . The transfer was from the Ferrovan Oy bankruptcy estate to Strategic Explorations Oy and includes the environmental and water permits issued to Mustavaaran Kaivos Oy in 2016 by the Regional State Administrative Agency for\n \n Northern Finland\n \n (PSAVI). The water permit is scheduled to lapse in\n \n July 2022\n \n and the environmental permit could lapse as early as\n \n July 2023\n \n . Strategic plans to submit applications for extensions for both the water and environmental permits in early 2022. In addition, Strategic is working to submit its exploration license applications to transition its concessions from reservation status by early 2022.\n \n \n On\n \n May 10, 2021\n \n , Strategic announced starting a joint hydrometallurgical testing program on titanomagnetite concentrate from Mustavaara. A sulphuric acid-based method of extracting vanadium, iron, and titanium was tested. Although the process was successful in recovering all three metals in varying quantities, the vanadium recoveries and the sulphuric acid consumption on the initial test work would not allow the process to be commercially viable in\n \n Finland\n \n . Further test work and refinement may change these results; however, no additional test work is currently planned.\n \n \n \n About Strategic Resources\n \n \n \n Strategic Resources Inc. (TSXV:SR) is a\n \n Vancouver, Canada\n \n -based mineral exploration and development company focused on vanadium projects in\n \n Finland\n \n . The Company is primarily focused on its flagship Mustavaara vanadium-iron-titanium project in\n \n Finland\n \n . The Company continues ...