- CEO
- Peter Swistak
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 789 West Pender Street Vancouver BC Canada V6C 1H2
- IPO Date
- Feb 19, 2013
- Business
- Vertical Exploration Inc is a Canadian junior mining company specializing in the acquisition, exploration, development, and evaluation of mineral properties, primarily focused on its flagship St-Onge Wollastonite project covering approximately 1,465 hectares in the Lac Saint-Jean region of Quebec. The company produces high-quality wollastonite products, including its branded Global Wollastonite Agricultural Calcium Silicate, which is used in industrial and agricultural applications. Vertical’s core products encompass wollastonite mineral extraction and processing for markets requiring advanced industrial minerals, including manufacturing sectors such as technology, automotive, and oil and gas.
Recent major developments include the extension of an exclusivity agreement with an international entity to explore enhanced rock weathering applications for carbon removal using the St-Onge Wollastonite deposit. Vertical has also entered a strategic non-disclosure agreement with Mineraux Mart Inc to advance the development and commercialization of high-value industrial and agricultural products derived from its wollastonite. Additionally, the company received a new five-year permit from the Canadian Food Inspection Agency for its Global Wollastonite Agricultural product and completed the initial sale under an offtake agreement. Infrastructure investments and site enhancements at the St-Onge quarry have been ongoing to support increased production and broaden market access.
Founded in 2006 and headquartered in Vancouver, Canada, Vertical Exploration remains focused on fast-tracking its world-class wollastonite deposit toward economic viability. The company's operations and project development efforts emphasize sustainable mining practices and supply raw materials essential to various industries across North America. Vertical Exploration trades on the Toronto Venture Exchange under the ticker VERT and operates alongside its mining partner, Magnor Exploration, which supports site operations and equipment upgrades. The company maintains ongoing partnerships and negotiations to expand its industrial mineral offerings globally.