Vertical Exploration Inc. (VERT)

Overview

Vertical Exploration Inc. is a Canadian junior mining company primarily involved in the acquisition, exploration, and evaluation of mineral properties. Originally founded as Cavan Ventures Inc., the company went through a rebranding phase, changing its name to Vertical Exploration Inc. in January 2018. Since its incorporation in 2006, Vertical has directed its efforts towards discovering and developing mineral resources within Canada. The company's operations are centered on its flagship project — the St-Onge Wollastonite mine, located in the resource-rich Saguenay-Lac-St-Jean region of Quebec. This project underscores Vertical Exploration's strategic focus on wollastonite, a key industrial mineral known for its unique properties and versatile applications in various industries. Headquartered in Vancouver, Canada, Vertical Exploration continues to leverage its expertise and strategic positioning to explore and exploit mineral opportunities across Canada.

Products and Services

Vertical Exploration Inc.'s offerings are centered around the exploration and development of mineral resources, with a primary focus on wollastonite. Here is a breakdown of its main project and services:

• St-Onge Wollastonite Project: This project ranks as the company's principal endeavor, showcasing a 100% ownership stake by Vertical Exploration. It spans 26 map-designated cells and covers approximately 1,465 hectares in the St-Onge township, situated within the mineral-rich Saguenay-Lac-St-Jean region of Quebec. Wollastonite, the focal mineral of this project, is esteemed for its high calcium content and unique properties, such as low moisture absorption, excellent dielectric strength, and resistance to heat and alkalies. These attributes make wollastonite a critical component in various industries, including construction, automotive, and plastics, where it is utilized for its reinforcement properties.