Stina plans vanadium drilling in central NV

Date: Dec 6, 2017
As worldwide interest in vanadium grows with the battery storage industry, Stina Resources Ltd. announced plans Dec. 4 to commence a comprehensive drilling and exploration program in early spring 2018 on the Bisoni McKay and Bisoni-Rio properties in central Nevada.

“Now that this preliminary work has been completed, an application for exploration permits will be submitted before the end of the year, so drilling and other work can begin as early as possible in 2018,” said Stina President Brian Stecyk.

Stina holds a total of 4,115 acres at Bisoni McKay and Bisoni-Rio. Stina’s Bisoni McKay property is a high-grade, pure play vanadium project in the Vanadium Belt of Central Nevada, which hosts an important concentration of single-product vanadium deposits in North America.

Past exploration drilling reveals the occurrence of high grade vanadium pentoxide in the primary (carbonaceous shale) mineralized material, which contains the largest vanadium resource on the property. Several drill holes completed in primary mineralization suggests the deposit is open at depth in some areas. A supergene enrichment zone of up to 35 feet in width has been identified immediately below the Redox zone.

Stina’s motivation for developing vanadium land assets in central Nevada stems from a growing world-wide interest in vanadium. Vanadium has been primarily used for steel production but now new uses such as an electricity storage media in vanadium redox flow batteries is accelerating demand for the metal. This trend is anticipated to continue as grid-scale energy storage becomes more and more prevalent as the new technology is adopted. The U.S. Department of Energy reports that there are 59 vanadium redox battery installations throughout the world.

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