Voyager Metals Inc. to provided assay results for an additional 6 holes from its 2021 infill drill program at its Mont Sorcier iron and vanadium project, at Chibougamau, Quebec. As previously reported, the program consisted of 42 holes comprising 15,178 meters of drilling, with all drill holes completed in the North Zone in order to upgrade the resource category for the completion of a planned feasibility study to be undertaken in 2022. Inclusive of these results, a total of 24 holes have been reported and additional updates are expected shortly. As outlined previously, the goal of the 2021 drill program is to upgrade a sufficient portion of the current Inferred Mineral Resources to the Measured and Indicated Categories to support a 20-year mine life as the basis for a feasibility study which is expected to commence early in 2022. As reported in the compliant NI 43-101 Technical Report - Mineral Resource Estimate of the Mont Sorcier Project, Province of Quebec, Canada completed by CSA Global the North Zone has 809.1 Mt inferred mineral resources at 34.2% Magnetite and the South Zone contains 113.5 Mt Indicated mineral resources at 30.9% Magnetite and 144 Mt Inferred resources at 24.9% Magnetite.
Company continue to await results for a further 18 holes which company expect to be available in January. As per the previous 18 drill holes reported in late
2021, visual examination and magnetic testing (MPP) of the most recent drill core continues to support the
ntersection of mineralized material as generally predicted by the resource outline in 2020. company currently
have 1,802 samples assayed and 1,141 awaiting assays at the lab for a total of 2,943 samples delivered
o the lab. Work on completing Davis Tube Test results to confirm concentrate grades for both iron and
vanadium is in progress. Company continue to expect to be able to present an updated NI 43-101 resource report
at the end of first quarter of 2022 to backstop the Bankable Feasibility Study (BFS).