Western Uranium & Vanadium Provides Project Update and Conference Attendance
18 June 2019 - 10:15PM
Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF)
(“Western” or ”Company”) is providing the following updates:
Sunday Mine Complex Vanadium Project Update
Western wishes to announce commencement of the Sunday Mine
Complex Vanadium Project (the “Project”). Yesterday the Sunday Mine
and the St. Jude Mine portals were opened. The Company’s Chief
Geologist Dr. Kaiwen Wu has increased the scope of the project to
also include the Carnation Mine; this will be the third of the five
individual permitted and developed mines. Historical geological and
mining data analysis of the sandstone hosted deposits has provided
over a half dozen initial target locations for sampling to identify
high grade vanadium zones. Following bulk sampling, vanadium ore
samples will be delivered to prospective customers around the
world.
Commercial power has been switched on at SMC and mine opening
requirements have been completed with Bureau of Land Management
(BLM), Colorado Division of Reclamation, Mining and Safety (CDRMS)
and Mine Safety and Health Administration (MSHA). The Company has
hired Trenton Davis’ International Diggers, LLC as mining
contractor to supplement the underground efforts of Western’s
in-house mining team. Notably, the International Diggers team has
vast historical experience at the SMC, having last mined it in 2009
before the SMC was placed on standby.
As Western continues to advance the Project, additional
milestones and updates will be provided to shareholders and
investors.
John Tumazos Very Independent Research Metals and
Natural Resources Conference 2019
Western announces its attendance at the John Tumazos Very
Independent Research Metals and Natural Resources Conference 2019
to be held in Holmdel, New Jersey on June 19th and 20th. Western’s
Chief Executive Officer George Glasier will be presenting beginning
at 9:10am ET on Wednesday June 19th. Mr. Glasier will be
providing a general update on the Company which shall include
discussion of the vanadium markets, the Project, and the U.S.
Section 232 uranium petition. The event will be webcast and
interested parties are invited to view the webcast live, however a
replay will subsequently be made available.
Access and supporting information will also be facilitated
through both the Media and Events pages in the News & Media
section of the Company website at: http://western-uranium.com/.
This is also available directly from the conference provider at
Wall Street Webcast- Western 6/19/2019 9:10am
ET.About Western Uranium & Vanadium
Corp.
Western Uranium & Vanadium Corp. is a
Colorado based uranium and vanadium conventional mining company
focused on low cost near-term production of uranium and vanadium in
the western United States, and development and application of
ablation mining technology.
Cautionary Note Regarding Forward-Looking
Information: Certain information contained in this news
release constitutes “forward-looking information” or a
“forward-looking statements” within the meaning of applicable
securities laws (collectively, “forward-looking statements”).
Statements of that nature include statements relating to, or that
are dependent upon: the Company’s expectations, estimates and
projections regarding exploration and production plans and results;
the timing of planned activities; whether the Company can raise any
additional funds required to implement its plans; whether
regulatory or analogous requirements can be satisfied to permit
planned activities; and more generally to the Company’s business,
and the economic and political environment applicable to its
operations, assets and plans. All such forward-looking statements
are subject to important risk factors and uncertainties, many of
which are beyond the Company’s ability to control or predict.
Please refer to the Company’s most recent Management’s Discussion
and Analysis, as well as its other filings at www.sec.gov and/or
www.sedar.com, for a more detailed review of those risk
factors. Readers are cautioned not to place undue reliance on
the Company’s forward-looking statements, and that these statements
are made as of the date hereof. While the Company may do so, it
does not undertake any obligation to update these forward-looking
statements at any particular time, except as and to the extent
required under applicable laws and regulations.
FOR ADDITIONAL INFORMATION, PLEASE
CONTACT:
George Glasier
President and
CEO970-864-2125gglasier@western-uranium.com
Robert KleinChief Financial
Officer908-872-7686rklein@western-uranium.com
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