- CEO
- Peter P. Swistak
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 789 West Pender Street Vancouver BC Canada V6C 1H2
- IPO Date
- Oct 30, 2007
- Business
- Vertical Exploration Inc. is a junior mining company focused on the acquisition, exploration, and evaluation of mineral properties in Canada. The company targets high-potential mining prospects in North America, with its flagship St-Onge Wollastonite project located in the Lac Saint-Jean region of Quebec, approximately 40 kilometers north of St-Ludger-de-Milot and 90 kilometers northwest of Saguenay; this open-pittable deposit features a NI 43-101 measured and indicated resource of 14 million tonnes grading 36.61% wollastonite and an inferred resource of 18 million tonnes grading 40.25% wollastonite. Wollastonite, a calcium silicate mineral (CaSiO3), serves as a reinforcing agent in ceramics, polymers including plastics and rubber, paint fillers, metallurgy, paper, friction materials, and agricultural applications such as soil amendments, natural fungicides, and slow-release fertilizers, with potential in enhanced rock weathering for carbon removal due to its ability to absorb CO2 up to 10 times faster than comparable silicate minerals. Founded in 2006 and headquartered at 789 West Pender Street, Suite 1240, Vancouver, British Columbia, Canada V6C 1H2, the company operates primarily in Quebec and lists on the TSX Venture Exchange under the ticker VERT.V. Recent developments include an exclusivity agreement announced in October 2024 with an unnamed international entity for exploring enhanced rock weathering applications at St-Onge, extended in January 2025 as discussions advance toward a potential formal deal; additionally, in August 2025, Vertical finalized an offtake agreement and completed the initial sale of St-Onge wollastonite, marking its first commercial transaction for 2025.