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Vancouver, British Columbia--(Newsfile Corp. - May 10, 2021) - VanadiumCorp Resource Inc. (TSXV: VRB) (OTC Pink: VRBFF) (FSE: NWN) (the "Company", "VanadiumCorp") is pleased to announce it has commenced joint hydrometallurgical testing with Strategic Resources Inc. (TSXV: SR) ("Strategic") using VanadiumCorp's patented and proprietary green recovery process named the VanadiumCorp Electrochem Process Technology ("VEPT") on titanomagnetite concentrate from Strategic's wholly-owned Mustavaara Project in Finland. The ongoing prototype testing campaign is performed by Electrochem Technologies & Materials inc. ("Electrochem") at its facilities in Boucherville, Québec, Canada. It will test whether the clean energy technology from VanadiumCorp is viable on Mustavaara's material and could provide an alternative and more environmentally friendly way to extract vanadium and iron, versus the conventional smelting methods evaluated in the Preliminary Economic Assessment for the Project (see Strategic's news release dated May 4, 2021). Vanadium end products produced by the VEPT process favour the rapidly emerging Vanadium Redox Flow Battery industry in contrast to the current flowsheet, which produces ferrovanadium used in the steel industry. In addition, the process offers the potential for commercial-grade titanium production as a third revenue stream for the Project.