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Carlin Vanadium Project, Nevada, USA

Target

Sediment-Hosted Vanadium Deposit

Introduction

The Carlin Vanadium Project consists of 72 unpatented mineral claims covering ~578 ha and is located along the Carlin gold trend ~10 km southwest of Newmont's Carlin Operations and ~10 km west of Newmont's Rain Deposit (~12 million oz. Au Proven and Probable Reserves combined).

The deposit was originally discovered in the 1960s by Union Carbide Corporation (UCC) who outlined a significant 300 by 1000m zone vanadium mineralization within the black shales of the Devonian Woodruff Formation.

In 2010, EMC metals commissioned SRK Consulting to prepare a Canadian National Instruments 43-101 (NI 43-101) compliant Technical Report and to produce a current resource estimation for the Carlin Vanadium Project.

EMC Metals owns a 100% interest in the Carlin Vanadium Project.

Click here for the 43-101 Technical Report for the Carlin Vanadium Project PDF

Geology

At the Carlin Project, the vanadium mineralization is hosted within 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 the Chainman and Diamond Peak Formations.

Historical Work

The 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 ~30,500 feet of drilling in 112 holes outlining a significant 300 by 1000m zone of vanadium mineralization within the current claim boundary. In 1968 UCC used this work to complete a historical resource estimation of 19.69M tons @ 0.83% V2O5*. This historical resource is being used as a guide only and should not be relied upon. Historical exploration was restricted to within 150m from surface with an average drillhole depth of 75 m.

UCC conducted extensive metallurgical testing in the 1960s and at the time could not produce an economical process for extracting the vanadium. Developments in heap leaching technologies in the 1970s have shown economic recoveries of vanadium from geologically similar projects such as Gibellini Vanadium Project (Rocky Mountain Resources). EMC is currently investigating a number of new processes to economically extract the vanadium from the Carlin deposit.

The Carlin Vanadium Property also covers an interesting gold occurrence and in 1998, Cambior and Sante Fe Pacific Mining Inc. used rock chip sampling to outline a ~550 ft northeast trending (>100 ppb) gold anomaly within the Devonian Woodruff Formation and drilled 20 holes (for 2700 ft) to test the anomalous zone. The best results were obtained in drill hole CBK-2 which intersected 0.01 oz. per ton gold from 5 to 70 feet within the Woodruff Formation immediately below the unconformity. This gold occurrence suggests the possibility of a Carlin-type gold system on the property similar to Newmont's Rain deposit, and warrants further investigation.

Current Program

In 2010, EMC metals commissioned SRK Consulting to prepare a Canadian National Instruments 43-101 (NI 43-101) compliant Technical Report for the Carlin Vanadium Project. SRK will use the historical data to produce a current resource estimation.

EMC Metals is currently working on new metallurgical processes to increase the recovery of the Vanadium.

Exploration work will continue on the Carlin Vanadium Project upon improvement in the global financial markets and strengthening in commodity prices.

* This resource estimation (from UCC Summary Report, by Galli, 1968, and Morgan, 1968) is a historical resource and should not be relied upon. EMC Metals, along with SRK Consulting, is currently carrying out the required work to determine a current NI43-101 compliant resource estimation.


Maps
Map
Carlin Property Geology
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  Map
Carlin Regional Geology
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Map
Nevada - North America Map
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Photos
Photo
GPS Survey equipment at the Carlin Vanadium Project
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  Photo
SRK Consulting geologist collecting a metallurgical sample at the Carlin Vanadium Project
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Photo
Sample location showing the black shales of the Woodruff Formation
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