CleanTech Engages Mercator Geological Services to Prepare NI 43-101 Technical Report on the Campbell-Crotser Fluorspar Project
Cleantech Vanadium has initiated an NI 43-101 study for its Kentucky Fluorspar Project following core re-assay results.
Cleantech Vanadium Mining Corp. has engaged Mercator Geological Services Limited to prepare an independent NI 43-101 technical report for its Campbell-Crotser fluorspar project in Kentucky. The report is anticipated for completion in Q4 2026 and will cover geology, mineralization, historical exploration data, and a recommended work program.
To support this effort, the company is partnering with the Kentucky Geological Survey to re-assay archived historical drill core for fluorspar, silver, zinc, lead, and other critical minerals. This initiative aims to verify historical grades under modern protocols. While the re-assay program will not independently support a mineral resource estimate, it serves to validate the historical drill database ahead of the technical report.
In administrative news, the company announced the grant of 2,250,000 stock options at an exercise price of CAD 0.12, vesting quarterly over two years.
Cleantech Vanadium Mining Corp. (CTV) has engaged a qualified consultant to prepare an NI 43-101 report and initiated a core re-assay program, marking expected incremental steps in the project development lifecycle. This activity aligns with the company's previously announced permitting and exploration roadmap, which targets a permit submission by November 2026 and first off-take by November 2026.
The move de-risks the Campbell-Crotser asset by transitioning from unverified 1974 historical data to modern QA/QC standards, a prerequisite for securing financing and advancing toward production. Additionally, the company granted stock options as a standard administrative compensation tool, which does not materially impact the capital structure or project economics.
CleanTech Vanadium Mining Corp. is a mineral exploration and development company focused on critical minerals, primarily fluorspar and vanadium. Its flagship asset is the Campbell-Crotser Fluorspar Project, located in the Illinois-Kentucky Fluorspar District (IKFD) in Livingston County, Kentucky. The project covers approximately 275 acres and sits on historic fault systems that produced millions of tons of fluorspar. Historical data from 1974 indicates a resource of ~805,841 tons grading 37.10% CaF2, though this predates modern NI 43-101 standards and lacks QA/QC.
The company is also developing the Gibellini Vanadium Mine Project in Nevada, which holds a total inferred resource of ~195 Mlbs V2O5 and has received a positive EIS Record of Decision. The strategic pivot emphasizes fluorspar due to its classification as a USGS critical mineral and 100% U.S. import reliance, with demand driven by semiconductors, energy storage, and nuclear fuel.