Mr. Ian Mallory reports

VANADIUMCORP MOBILIZES ASSESSMENT WORK ON THE LAC DORE VANADIUM, IRON, AND TITANIUM PROPERTY

Vanadiumcorp Resource Inc. has mobilized a field work program on the company's flagship Lac Dore deposit in Quebec. The work program will comprise mapping, sampling and other works that qualify toward assessment commitments. It is envisioned that further field work, including geophysical surveys, will be undertaken on both the company's Lac Dore and Iron-T properties this autumn.

Ian Mallory, chairman and chief executive officer of the company, stated: "We are focused on expanding our understanding of the geological potential of the areas controlled by the company adjacent to the Lac Dore deposit. We are pleased to be fielding a boots on the ground initiative ahead of airborne and ground-based geophysics planned for the fall."

About Vanadiumcorp Resource Inc.

Vanadiumcorp Resource is engaged in the production of high-quality vanadium electrolytes for the expanding international market for long-duration vanadium flow batteries (VFB).

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