Churchill Discovers Vanadium-Titanium-Iron Mineralization at the Taylor Brook Nickel Project, Newfoundland & Labrador

Core Viewpoint - Churchill Resources Inc. has reported promising results from its Taylor Brook nickel project, indicating potential for Vanadium-Titanium-Magnetite (VTM) mineralization alongside high-grade nickel-copper-cobalt (Ni-Cu-Co) deposits, suggesting a layered intrusion with significant economic potential [1][4][5] Group 1: Project Updates - Drilling and prospecting in 2024 at the Taylor Brook project have revealed anomalous VTM results at targets TB-01 to TB-04, indicating the area may host critical minerals [1][2] - The mineralized magnetite-layered units at the South Lobe are several meters thick, with VTM values ranging from 540ppm to 955ppm for vanadium, 3.1% to 7.29% for titanium, and over 20% for iron [2][5] - The company plans to conduct systematic trenching and further drilling at TB-01 in Spring 2025 to explore the high chargeability targets identified by Winter Borehole Induced Polarization (BHIP) surveys [6][7] Group 2: Strategic Importance of VTM - VTM minerals are critical for various industries, including steel, aerospace, and battery production, with North America currently lacking domestic vanadium production [5][6] - The layered intrusive mineral deposits typically show a stratified mineralization pattern, with VTM at the upper levels and Ni-Cu-Co deposits deeper within the intrusion [5][6] Group 3: Future Exploration Plans - The company is preparing new exploration permit applications and plans to expand its prospecting, mapping, and trenching efforts at the South Lobe, where less than 10% has been explored [7][8] - The exploration team will also sample existing drill holes for VTM mineralization and platinum group elements (PGEs) to assess deeper mineralization horizons [7][8]