• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • NORTH AMERICA EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • NORTH AMERICA EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Resource Market
    Resource News
    Resource Stocks
    • Resource Market
    • Resource News
    • Resource Stocks

    Sino Vanadium – Poised to Meet China’s Increasing Demand

    Melissa Pistilli
    Oct. 27, 2009 03:42PM PST
    Resource Investing News

    Sino Vanadium 100% owns the Daquan Property in China containing indicated resource of 330 million pounds of V2O5 and inferred resource of 370 million pounds of V2O5. China is the largest consumer of vanadium which it uses for high strength steel and titanium alloys, various chemical applications including a rapidly growing use in high power density, extra long life batteries.


    Overview

    Sino Vanadium 100% owns the Daquan Property in China containing indicated resource of 330 million pounds of V2O5 and inferred resource of 370 million pounds of V2O5. China is the largest consumer of vanadium which it uses for high strength steel and titanium alloys, various chemical applications including a rapidly growing use in high power density, extra long life batteries.

    Chief Property

    Daquan Vanadium Project, Shaanxi, China

    Highlights Owns 100% Daquan Property in Shaanxi China

    • Mining License approved including all environmental approvals
      • NI 43-101 Technical Report completed in April, 2009
      • Indicated & Inferred Resources: 34.2 million tonnes
    • an average grade of 0.95% V2O5
    • NI 43-101 Scoping Study initiated and expected in Q4/2009
    • Planning to build a 10,000 tpd production plant to produce 33 million t V2O5 annually

    Numerous Growth Opportunities:

    • Consolidation of nearby producing mines
    • Consolidating 9 nearby deposits
    • Commission Production of the Daquan mine by Q1, 2012

    The Daquan Property is situated in Shangnan County, southeast Shaanxi Province, China, about 200 kilometers southeast of Xi’an, the provincial capital, and about 40 kilometers south of the county capital of Shangnan. The Property contains a sedimentary rock unit that is enriched in vanadium at levels of concentration that are of potential economic significance. The 2009 drilling program was comprised of 12 holes with an aggregate length of 3620 meters. The holes were intended to test the vanadium bearing zone throughout the strike length that had previously been tested by trenching and tunnelling. In addition, 111 V2O5 assays were added to the existing database of 555 assays previously obtained. One of Wardrop’s conclusions in the Report speaks to the volume of information that has been considered in this study of this Property:

    “. . . the distribution of vanadium is both extensive and relatively homogeneous, and can be reasonably presumed to be significantly more extensive than the volume of rock for which the resource has been estimated.”

    Management

    • Ma Zhaoyang, Chairman and Principal. Mr. Ma earned his Masters Degree in Management from Northwest Polytechnics University in 1997. He is presently a PhD in Management Studies and Vice Professor at NPU’s School of Management, He has been a financial advisor and in the private equity investment business for over 10 years, and has been actively involved in investing in, acquisition of and building of companies in the mining industry since 2001. Mr. Ma has also served as Director of two publicly listed companies; Xian Kaiyuan Holding Group Co., Ltd (SH: 000516) and Taihua plc (AIM), UK; which are in retail and pharmaceuticals respectively.
    • Liu Bingqiang, CEO and Principal. After obtaining his Bachelors Degree from Changsha Railroad University, Mr. Liu worked his way up to Section Chief of the 20th Bureau of China’s Ministry of Railways. In 2001, he founded and was chairman of Shaanxi Mingtai Engineering Construction Co., Ltd., which focused on construction of roads, expressways, bridges, tunnels, municipal works and industrial and civilian buildings, with projects in more than 10 Chinese provinces. Mr. Liu founded Shaanxi Bingtai Mining Industry Co., Ltd. (SXBT) in 2003, which currently wholly owns and operates a 300,000 tpy coal mine and coal reserves of up to 10 million tonnes. He also co-owned a lead-zinc mine with a 270,000 tonne reserve and 500t/d capacity.
    • Elena Master, CFO. Ms Masters has over 11 years of financial and operational experience in the investment industry, overseeing financial functions of public companies in Canada and companies with capitalization of over EUR 100 million internationally (US, Jersey, Cyprus, Eastern Europe).
    • Murray Atkins, Director. Mr.Atkins is a principal of and has been President of Restoration Properties (a private company specializing in the acquisition, development and management of real estate) since 1996. Has been instrumental in the assembling of management and assets, and the funding of many public and private companies.
    • Tiger Chen Ting, Director. Presently serving as Wellkan Resources Limited Company Secretary, Mr. Chen is experienced in corporate finance, investment analysis and private equity. Prior to joining Wellkan in 2008, Mr. Chen worked at the Investment Department of CITIC International Assets Management Limited (Hong Kong) as a Vice President and London Asia Investment Banking Limited (Beijing) as an Investment Director. In these roles, Mr. Chen was responsible for exploring investment opportunities in China, assessing and executing the investment projects.

    Get an Investor Kit!

     

    Latest News on Sino Vanadium

     

    Share Information

    Share Structure

    Shares Outstanding:69,856,036
    Options:6,515,750
    Warrants:
    Fully Diluted:76,371,786
    Current Cash:
    Stock Exchange:TSX-V: SVX

     

    canadaeuropechina
    The Conversation (0)

    Go Deeper

    AI Powered
    QEM Limited

    QEM Limited

    Vanadium periodic symbol surrounded by symbols for other elements.

    Top 4 Vanadium-producing Countries

    Latest News

    RUA GOLD Reports High-Grade Intercepts at Auld Creek, Including 17m @ 9.8g/t AuEq and 8m @ 8.9g/t AuEq, Extending Strike of Current Resource

    Sun Summit Drills 78.0 Meters of 3.72 g/t Gold Including 19.1 Meters of 7.50 g/t Gold at the JD Project, Toodoggone District, B.C.

    Successful $3.25M Placement to Accelerate Leonora Projects

    Trading Halt

    Smelter Conceptual Plant Delivered, Accelerated Timeline

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Resource Investing News Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×