VRB:CC - VanadiumCorp Conducts ANT Survey on Lac Dore Property with CAUR Technologies

(TheNewswire)

Vancouver, British Columbia –TheNews w ire -- 23 January 2025 – VanadiumCorpResource Inc. (TSX-V: VRB) (FSE: NWNA) (OTC: VRBFF)("VanadiumCorp" or the "Company") is pleased to report that the fieldworkprogram is progressing on the Company’s resource properties, asannounced in our news release of 23 August 2024. Work includes anambient noise tomography (ANT) survey performed by CAUR TechnologiesInc. across the vanadium, titanium, and iron LacDoré deposit in Québec.

In December, CAUR Technologies began this innovative passive seismicsurvey to define further the structural geology and faulting of theLac Doré main deposit. The ANT survey uses seismic interferometry toextract seismic waves from the Earth's ambient vibrations. ANT canimage both very deep and very shallow structures. Presently, CAURemploys a geophone array to provide 3D seismic tomography over atwo-square-kilometer area. Measurements being carried out willcontinue into February.

Ian Mallory, Chairman and CEO of VanadimCorp, stated,“Lac Doré is VanadiumCorp's flagship resource property, and we areworking to update and upgrade our technical assessments of its truepotential. We are very pleased to be working with the experts at CAURon this important and cost-effective survey.”

About VanadiumCorp ResourceInc.

VanadiumCorp Resource Inc. produces high-qualityvanadium electrolyte for the expanding international market forlong-duration Vanadium Flow Batteries (VFB). The Company's pilot plantfacility is based in Val-des-Sources, Québec. The Company is alsoadvancing technologies for producing the strategic V-Ti andpotentially high-grade Fe located at its vanadiferous titanomagnetiteprojects, including at its flagship Lac Doré deposit nearChibougamau, Québec. The successful deployment of these technologieswould enable stable, long-term access to the Company’s deposits ofcritical metals, including vanadium feedstock for the Company'selectrolytes production.

About CAUR Technologies Inc.

CAUR Technologies Inc., based in Longueuil, Québec, aims to revolutionize mineral exploration withdata analysis technologies based on IoT and AI. Our technologies and expertise enable precise,rapid, cost-effective 3D mapping and identification ofdeep critical mineral deposits with minimalenvironmental impact. For more information, see www. caurtech.com

The Chief Operating Officer and Director ofVanadiumCorp, Gilles Dupuis, P. Eng., is the qualified person (asdefined in NI 43-101) who has reviewed and approved this newsrelease.

On behalf of the Board ofVanadiumCorp Resource Inc.

Ian Mallory
Chairman and CEO
ianm@vanadiumcorp.com

Phone: +1.514.416.1749

Company contact information:

Neither the TSX Venture Exchange nor its RegulationServices Provider (as defined in the policies of the TSX VentureExchange) accepts responsibility for the adequacy or accuracy of thisrelease.

Forward-Looking Statements

This document may contain forward-looking statements(including "forward-looking information" within the meaningof applicable Canadian securities laws and "forward-lookingstatements" within the meaning of the US Private SecuritiesLitigation Reform Act of 1995) regarding, among other things,VanadiumCorp's business. and the environment in which it operates. Ingeneral, forward-looking statements can be identified by the use ofwords such as "anticipates", "expects" or"does not expect", "is expected","budget", "forecast", "estimates","forecasts", "intends", "anticipates" or"does not anticipate", or "believes", orvariations of such words and phrases or statements that certainactions, events or results "may", "could","would", "could" or "will be taken", "occur" or "will be achieved". VanadiumCorprelies on a number of assumptions and estimates to make theseforward-looking statements, including, without limitation, the abilityto acquire the necessary permits and authorizations to advance the LacDoré property to the production stage, the ability to add to existingresources at Lac Doré through drilling, the costs associated with thedevelopment and operation of its properties. These assumptions andestimates are made in light of forecasts and conditions that areconsidered relevant and reasonable based on available information andcurrent circumstances. A number of risk factors may cause actualresults, level of activity, performance or results of such explorationand/or mine development to differ materially from those expressed orimplied by such forward-looking statements, including, withoutlimitation, whether such discoveries will result in commerciallyviable quantities of such mineralized materials, the ability to modifyproject parameters as plans continue to be refined, the ability toexecute planned future exploration and drilling programs, the need foradditional financing to continue exploration and development efforts,changes in general economic, market and business conditions, and otherrisks outlined in VanadiumCorp's latest Annual Information Form underthe heading "Risk Factors" and in its other publicdocuments. Forward-looking statements are not guarantees of futureperformance and such information is inherently subject to known andunknown risks, uncertainties and other factors that are difficult topredict and that may be beyond VanadiumCorp's control. AlthoughVanadiumCorp has attempted to identify important risks and factorsthat could cause actual actions, events or results to differmaterially from those described in the forward-looking statements,there may be other factors and risks that cause actions, events orresults not to be as anticipated, estimated or intended. Accordingly,undue reliance should not be placed on these forward-lookingstatements. In addition, all forward-looking statements in this pressrelease are made as of the date of this press release. VanadiumCorpdisclaims any intention or obligation to update or revise anyforward-looking statements, whether as a result of new information,future events or otherwise, except as required by applicablesecurities laws.

The forward-looking statements contained herein areexpressly qualified by this disclaimer.

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