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Vatic Ventures Corp (VCVVF) RSS Feed

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Vatic Ventures Corp Company Logo

1400 - 1040 West Georgia Street, Vancouver, BC V6E 4H1,Canada

+1 6047579792

Principal Executive Offices:

1400 - 1040 West Georgia Street,Vancouver, BC V6E 4H1,Canada

 
BUSINESS DESCRIPTION
 
Vatic Ventures Corp. is a junior mineral exploration and development company. Vatic has an option to acquire a 100% interest in a Rare Earth Elements (REE) and polymetallic claims package known as the Sister’s Mountain prospect, located in Southwestern New Brunswick, which totals 8 claim blocks comprising 975 claim units covering 243 km2. Vatic has an option to acquire a 100% interest in a gold exploration property known as the Hansen prospect located in the Chibougamau area of northern Quebec, which consists of 20 contiguous mining claims representing a total area of 1,113.98 hectares is approximately 15 kilometers southeast of the Chapais-Opemiska Mine Complex (Springer, Perry and Cooke Copper-Gold mines). Vatic is actively reviewing and evaluating exploration and development opportunities in the mineral resources industry.
 

Vatic Ventures Corp.

 
 

Vatic is strategically positioned with an option to acquire and develop a 100% interest in a 243 km2 Rare Earth Elements (REE) and polymetallic project known as the Sisters Mountain critical metals project in New Brunswick, Canada, which is believed to potentially host REE, tin, tungsten, molybdenum, Platinum Group Metals (PGE), and base metals, and Vatic has an option to acquire a 100% interest in the Hansen gold project, located in an emerging gold exploration area with over 6.7 million ounces of gold produced, in Quebec, Canada.

 
LATEST NEWS
 
 
Yukon, Canada

Critical Metals Project

Vatic is strategically positioned with an option to acquire and develop a 100% interest in a 243 km2 Rare Earth Elements (REE) and polymetallic project known as the Sisters Mountain critical metals project in New Brunswick, Canada, which is believed to potentially host REE, tin, tungsten, molybdenum, Platinum Group Metals (PGE), and base metals, and Vatic has an option to acquire a 100% interest in the Hansen gold project, located in an emerging gold exploration area with over 6.7 million ounces of gold produced, in Quebec, Canada.
 

RESULTS OF THE GEOLOGICAL SURVEY

In 2005, the New Brunswick Geological Survey (NBGS) released the results of their survey. The survey suggested that the Sisters Mountain Property could host four distinct mineral deposit types:

REE (Rare Earth Elements)

Tin (Sn), Tungsten (W), Molybdenum (Mo)

Precious Metals

Base Metals

The Sisters Mountain Area was identified by the New Brunswick survey to have the highest metal values in basal till soil samples within the entire survey area of southwestern New Brunswick for Tin and Tungsten, Base Metal, and Precious Metal indicators. In 2012, the NBGS released two additional reports of their work within this area, Open File Report 2012-3 and MRR 2012-1A. These reports show the Sisters Mountain area to be extremely anomalous for Rare Earth Elements (REE). The Geological Survey noted that the region exhibited higher or equal values than in the areas hosting other well-known discoveries such as: Burnt Hill, Sisson Brook, St. Stephen Nickel, Clarence Stream Gold deposits and Mount Pleasant Tin/Tungsten, Indium deposits. The Burnt Hill and Sisson Brook properties are near the Sisters Mountain Property claim blocks.

Critical minerals are essential inputs for renewable energy and clean technology applications, such as advanced batteries, permanent magnets, solar panels, wind turbines, and small modular reactors, as well as advanced manufacturing applications, including defense and security technologies, semiconductors, consumer electronics, and critical infrastructure.

The Canadian government is committed towards decreasing reliance on Chinese and Russian critical minerals. Canada is developing a Critical Minerals Strategy, backed by an approximate $4 billion 2022 Budget addressing the entire value chain of exploration, extraction, intermediate processing, advanced manufacturing, and recycling.



 
   
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