{"id":1114491,"date":"2019-05-06T13:35:50","date_gmt":"2019-05-06T13:35:50","guid":{"rendered":"http:\/\/www.mining.com\/?p=985827"},"modified":"2019-05-06T13:35:50","modified_gmt":"2019-05-06T13:35:50","slug":"regencys-plans-to-acquire-vanadium-north-receive-conditional-approval","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1114491","title":{"rendered":"Regency\u2019s plans to acquire Vanadium North receive conditional approval"},"content":{"rendered":"

Regency Gold (NEX: RAU.H) received conditional approval from the TSX Venture Exchange for the previously announced<\/a> acquisition of Vanadium North Resources.<\/p>\n

Back in February, the Vancouver-based miner entered into a definitive agreement to acquire all of Vanadium North\u2019s issued and outstanding common shares. The main interest behind the buyout is the Valley of Vanadium project in Canada\u2019s Northwest Territories.<\/p>\n

\u201cWe believe the project has significant exploration upside,\u201d director Michael Konnert said in a media statement. \u201cIt is our goal for Regency to become a leader in the North American vanadium space.”<\/p>\n

Regency also signed a LOI with Cellcube Energy Storage Systems whereby it may acquire the Bisoni-McKay and Bisoni-Rio vanadium projects in Nevada.<\/q><\/p>\n

The Valley of Vanadium project is a 9,600-hectare site located northwest of the former tungsten Cantung mine. It is comprised of wholly-owned claims in addition to an option to acquire 100% of mining claims owned by Strategic Metals, previously known as the Van project.<\/p>\n

According to Regency, the project is a major sediment-hosted vanadium prospect that has not seen focused exploration since 1985 and where vanadium mineralization is principally developed in a moderately to steeply dipping, sooty black, carbonaceous, siliceous mudstone unit.<\/p>\n

\u201cHistorical geological mapping done in conjunction with chip sampling and diamond drilling indicates that this unit is at least 50 m thick and extends over a considerable strike length. Two lines of continuous chip samples collected 600 m apart across the prospective horizon returned weighted averages of 0.58% and 0.61% V2O5 over true widths of 56.1 m and 60.2 m, respectively. A diamond drill hole completed between the chip sample lines yielded a weighted average of 0.42% V2O5 over 52.5 m, within a broader zone averaging 0.3% V2O5 over 110 m.,\u201d corporate information states.<\/p>\n

The post Regency\u2019s plans to acquire Vanadium North receive conditional approval<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The TSX Venture Exchange issued a conditional approval of the definitive agreement signed back in February 2019.<\/p>\n

The post Regency’s plans to acquire Vanadium North receive conditional approval<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[404,369,1495,410,1496],"tags":[25],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1114491"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1114491"}],"version-history":[{"count":1,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1114491\/revisions"}],"predecessor-version":[{"id":1114492,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1114491\/revisions\/1114492"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1114491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1114491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1114491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}