Company Overview

Company Overview

VR8 is a junior vanadium developer who owns 74% of  the world class, tier 1, Steelpoortdrift Vanadium licensed mining project in Limpopo Province, South Africa. 

The Steelpoortdrift titaniferous magnetite deposit is located in the prolific Bushveld Geological Complex within a known mineral and vanadium producing area within reach of proven processing plants, railway and road options and ports. 

The Steelpoortdrift mining project is the world’s largest undeveloped vanadium deposit with a Measured, Indicated and Inferred JORC resource of 662 Mt @ 0.77% V2O5 (in situ grade), incl. 188 Mt @ 1.23% V2O5, with an in-magnetite grade of c. 2.2% V2O5.

The Company is in the process of conducting work towards becoming fully permitted (such as acquiring a water use license) and towards studies to verify a pathway of options to produce V2O5  and other niche products from the suite of elements present in the Titano-magnetite (V, Ti and Fe).