Stina Resources, (CSE: SQA) is pleased to announce it will commence with a work program on the Bisoni McKay Vanadium Property, located in northern Nevada. The work program will focus on completing phase II as per the Recommendations of the Company?s July 15, 2015 NI 43-101 Technical Report by Ed Ullmer, P. Geo. http://www.stinaresources.com/pdf/NR-100515.pdf
Stina Resources (CSE: SQA) reports that, further to its October 5, 2015 news release, the Company has concluded its field work on the Bisoni McKay vanadium property. The field work consisted of survey control on Northern Section A and review and re-organization of previous drilling samples for future bulk sampling. Results of this survey have been submitted to Maptek for resource re-calculation. This survey control is not expected to reflect any significant changes to the existing resource estimate. http://www.stinaresources.com/pdf/NR-101615.pdf
: Continue to develop the Bisoni McKay vanadium
property so as to attract alternative energy producers, such as cutting edge energy storage applications and redox battery manufacturers, as well as new emerging electronic products. http://www.stinaresources.com/corporate.html
Stina Resources Ltd. is a Mineral Exploration Company trading on the Canadian Securities Exchange (CSE) under the symbol SQA. Stina Resources has been a public company for over 29 years, and boasts a favorable share structure and a responsible board of directors that concentrate on low cost exploration and responsible fiscal stewardship. Stina?s focus on properties that show promise in early stage development allow its exploration team to quickly explore and provide exciting results for emerging properties of merit. http://www.stinaresources.com/index.html
: Stina Resources Ltd. (the "Company") is pleased to
announce that further to its news releases dated March 13, 2017, and April 11, 2017, the Company has completed its private placement offering of 11,000,000 units (the ?Offering?) for total proceeds of $880,000. http://www.stinaresources.com/pdf/NR-04252017.pdf
Stina Resources Ltd. Stina Enters Vanadium Battery Collaboration with PNNL and University of Calgary
Richmond, British Columbia--(Newsfile Corp. - November 20, 2017) - Stina Resources Ltd. (CSE: SQA) (OTCQB: STNUF) (FSE: 01X) (the "Company" or "Stina") is pleased to announce that it in the final stages of negotiating a research agreement with the University of Calgary.
The research conducted by the University of Calgary will focus on vanadium redox flow batteries and the production of vanadium electrolytes. The first stage will involve the development of a battery stack based upon the technological specifications provided by the Pacific Northwest National Laboratory ("PNNL"). "We chose the University of Calgary because they already have worked with vanadium flow battery technology and they will deliver practical research within a short time-frame," said Brian Stecyk, President & CEO of Stina.
PNNL is the research leader in vanadium flow battery electrolytes and vanadium flow batteries. This initiative is part of their effort to commercialize the scientific technology they have developed. PNNL, operated by the Battelle Memorial Institute, is a scientific research complex located in Richland, Washington and owned by the US Department of Energy.
The development of a battery stack at the University of Calgary will permit evaluation of various vanadium electrolytes and, in particular, those involving vanadium from Stina's Bisoni McKay vanadium deposit in Nevada.
"Vanadium flow batteries are rapidly becoming one of the main electrical storage technologies for grid-storage. According to the US Department of Energy, there are already 59 installations worldwide. Stina has vanadium resources in Nevada and the University of Calgary's practical research will help us reach our long-term vision of being a vertically integrated producer of vanadium electrolytes," said Brian Stecyk, President & CEO of Stina.
About Stina Resources Ltd.
This research supports Stina's long-term objective of becoming North America's first vertically integrated producer of vanadium electrolyte for the energy storage industry.
Stina has significant indicated and inferred vanadium resources (NI 43-101 compliant) at its Bisoni Mckay property in Nevada. Unlike most other vanadium deposits where vanadium is inter-mingled with other metals such as iron or uranium, the Bisoni McKay property contains pure vanadium in carbonaceous shale.
Stina is dedicated to increasing shareholder value through exploration and development of their vanadium resources and converting the vanadium into vanadium electrolyte for the energy storage market.
For further information, please contact:
Brian Stecyk, Director, President & CEO Telephone: 1-800-882-3213
This news release contains certain "forward-looking statements" within the meaning of Canadian securities legislation. Forward-looking statements are statements that are not historical facts which address events, results, outcomes or developments that the Company expects to occur; they are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties. Certain material assumptions regarding such forward-looking statements are discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at www.sedar.com. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.