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Overview of CleanTech Vanadium Mining Corp.
CleanTech Vanadium Mining Corp. (CTVFF) is an exploration-stage mining company dedicated to the exploration and development of vanadium and critical mineral resources. With a strong focus on advancing its state-owned Gibellini vanadium project in Nevada, the company is committed to unearthing and assessing valuable mineral reserves that cater to industrial demand and technological applications. The company employs a unique management-driven share conversion model that sees key executives aligning their compensation with company performance, thereby reinforcing their commitment to its long-term operational effectiveness.
Business Model and Operations
CleanTech’s core business revolves around identifying, exploring, and advancing critical mineral resources, primarily vanadium. This approach involves thorough geological surveys, resource assessments, and strategic project planning designed to maximize the intrinsic value of natural resources. Revenue is theoretically generated in the future through project development, strategic asset sales, or incorporation into larger mining portfolios, thereby creating long-term value for stakeholders.
Management and Corporate Governance
The company has implemented an innovative Shares for Services Agreement with its senior management team. Under this arrangement, a portion of executive salaries is converted monthly into common equity, reflecting a deep alignment between management performance and shareholder interests. Such an arrangement underscores an effort by CleanTech to maintain a robust corporate governance framework by reinforcing accountability and commitment within its leadership team.
Market Position and Industry Context
Operating within the critical minerals sector, CleanTech is strategically positioned in a market defined by rapid technological progress and industrial efficiency needs. Vanadium plays a key role in various industrial applications, including energy storage and high-strength alloys. As such, the company is engaged in advanced exploration activities that are essential to supply chains reliant on specialty metal inputs. Despite being in the early stages of exploration, its focused project pipeline and progressive management practices set it apart from many of its peers in the highly competitive mining landscape.
Exploration Strategy and Project Assets
At the heart of CleanTech’s strategic initiatives is the Gibellini vanadium project located in Nevada, a region known for its mining-friendly regulations and established infrastructure. The company’s methodical approach encompasses detailed geological mapping, resource assessments, and subsequent exploration steps that adhere to rigorous industry standards. The exploration strategy is predicated on leveraging advanced geochemical and geophysical methods to uncover high-value deposits reliably.
Operational Discipline and Investment Focus
While CleanTech remains in an exploration phase, its emphasis on operational discipline is evident in its transparent management practices and the commitment of its senior executives to equity-based compensation. This model not only strengthens internal alignment but also builds investor confidence by demonstrating that management interests are directly tied to the company’s operational milestones and exploration success. Such a focus is critical in mitigating risks that are inherent in early-stage mining ventures.
Industry Keywords and Insights
By integrating terminology like vanadium exploration, critical minerals, and resource assessment early in its narrative, CleanTech establishes its credibility within specialized industry arenas. The detailed discussion of its management structure and project-centric strategy reinforces that the company is both committed to advancing its asset base and positioned within a niche market that carries strategic industrial significance.
Conclusion
In summary, CleanTech Vanadium Mining Corp. represents a focused exploration entity in the natural resources sector, distinguished by its innovative executive share agreement and its commitment to uncovering high-potential vanadium reserves. Its comprehensive operational framework combines rigorous exploration methods with strong corporate governance, providing a holistic insight into its business model and market relevance.
CleanTech Vanadium Mining Corp (TSXV: CTV) (OTCQB: CTVFF) has identified multiple antimony occurrences in drill core samples from the El Triunfo gold-antimony project, located 75 km east of La Paz, Bolivia. Analysis of nine diamond-drill-holes from 2020 and 2022 revealed several intersections with antimony grading above 0.1%, with Hole TR010 showing a notable 1.2-meter intersection grading over 1% antimony.
The discovery comes amid significant market developments, as antimony prices have surged over 250% since January 2024, reaching US$40,000 per ton in 2025. This increase follows China's export restrictions on critical minerals to the United States. Bolivia currently produces approximately 3,000 metric tons of antimony annually, representing 3.6% of global supply, while China dominates with 50% of total production.
CleanTech Vanadium Mining Corp (OTCQB: CTVFF) has identified multiple antimony occurrences in drill core samples from its El Triunfo gold and antimony project, located 75 km east of La Paz, Bolivia. Nine diamond-drill-holes from 2020 and 2022 showed several intersections of antimony grading above 0.1%, with Hole TR010 containing a notable 1.2-meter intersection grading over 1% antimony.
The discovery gains significance as antimony prices have surged over 250% since January 2024, reaching US$40,000 per ton in 2025. This price increase follows China's export restrictions on critical minerals to the United States. Currently, Bolivia produces approximately 3,000 metric tons of antimony annually, representing 3.6% of global supply, while China dominates with 50% of total production.
CleanTech Vanadium Mining (TSXV: CTV) (OTCQB: CTVFF) has entered into an option assignment agreement with Silver Elephant Mining (TSX: ELEF) to acquire rights to the El Triunfo Gold-Antimony Project in Bolivia for CAD 155,000 in cash.
The Triunfo Project, spanning approximately 256 hectares, is located in Bolivia's La Paz department, 75km east of La Paz city. The transaction involves Silver Elephant assigning its rights from a July 10, 2020 option agreement to acquire 100% equity interests in Mururata S.R.L., which owns the mining rights.
The deal's closing is contingent on several conditions, including due diligence completion, regulatory approvals, and an acceptable amendment to the Triunfo Option Agreement. CleanTech has provided a refundable deposit of $155,000, returnable if the transaction isn't completed by December 31, 2025. The transaction is classified as Non-Arm's Length due to shared leadership between both companies.
Cleantech Vanadium Mining Corp. (TSXV: CTV) (OTCQB: CTVFF) has announced an amended royalty agreement with Oracle Commodity Holding Corp. for the Gibellini Vanadium Mine Project in Eureka County, Nevada. The key modification removes the previous USD 12/lb vanadium pentoxide (V2O5) threshold requirement for royalty payments, making the 2% royalty payable without conditions.
As consideration, Oracle will pay Cleantech CAD 200,000 in two installments: CAD 75,000 already paid and CAD 125,000 when V2O5 prices exceed USD 12/lb for 180 consecutive days. The project has received BLM approval through a Record of Decision on its Environmental Impact Statement in October 2023, along with several state permits required for construction.
CleanTech Vanadium Mining Corp (TSXV: CTV) (OTCQB: CTVFF) has announced a significant management change. Rob Van Drunen has stepped down from his position as Chief Operating Officer, effective March 1, 2025. Van Drunen, who served the company for four years, will continue to provide consulting services on an as-needed basis.
CleanTech Vanadium Mining Corp. (TSXV: CTV) (OTCQB: CTVFF) has announced the issuance of common shares as part of its Shares for Services Agreements with senior management, effective from November 1, 2024. Under this agreement, 1,193,203 shares have been issued, representing 15% of senior management salaries. The issued securities are subject to a four-month regulatory hold period. The company has confirmed that these share issuances have not created a new Control Person.
CleanTech Vanadium Mining Corp (TSXV: CTV) (OTCQB: CTVFF) has issued 1,193,203 common shares to its senior management team as part of their Shares for Services Agreements, effective from November 1, 2024. This share issuance represents 15% of senior management salaries and follows previous announcements made on October 8, 2024, and November 14, 2024.
The issued securities are subject to a four-month regulatory hold period. The company has confirmed that these share issuances have not created a new Control Person.
CleanTech Vanadium Mining has established a Shares for Services Agreement with its senior management team, effective November 1, 2024. Under this agreement, senior executives will convert 15% of their monthly salaries into company common shares. CEO John Lee will convert CAD1,500, President Ron Espell USD3,437, and COO Rob Van Drunen CAD3,125 monthly. The conversion price will be set at the Maximum Discounted Market Price, with up to 25% discount. The company retains the option to pay accrued amounts in cash, and the agreement requires TSX Venture Exchange approval. Issued shares will have a four-month hold period.
FAQ
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