Iron T Vanadium Project
Apella Resources’ IRON-T Vanadium Project is located in central Quebec, Canada just west of the mining centre of Matagami. The Iron-T covers part of the Bell River Complex which is a large layered Archean intrusion. Still at an early stage of development, the Iron-T was discovered in 1997 by Noranda Inc., and their work confirmed the presence of Vanadium, Titanium and Iron mineralization over a distance of more than 20 kilometres. Geological resources of up to 200 million tonnes have been estimated at the site. Vanadium, Titanium and Iron values at the Iron-T have proven nearly identical to that of the nearby Lac Dore Deposit which at 102 million tonnes contains approximately 5.5 billion pounds of Vanadium Pentoxide making it the second largest Vanadium deposit in the world. With Vanadium in high demand for use in high-strength, low-alloy steels (HSLA), as well as increased demand for production of Vanadium Redox Batteries, Apella Resources is aiming for near term production at the Iron-T.