Warner Bros. Discovery(US:WBD) Thenewswire·2026-02-25 13:00Core Viewpoint - VanadiumCorp Resource Inc. is advancing the evaluation of the Lac Laura Property in Québec, focusing on a staged technical approach to ensure comprehensive data compilation and geological interpretation before any field exploration programs are defined [1][10]. Company Updates - The company is selecting independent geological and engineering consultants to prepare a technical report for the Lac Laura Property in compliance with NI 43-101 standards [2]. - The initial technical work will consist of multiple phases, starting with data compilation and verification, followed by geological reinterpretation, target validation, and potential targeted exploration [4][5][6][7]. Technical Approach - Phase 1 involves compiling and reviewing historical and recent datasets, assessing data quality, and verifying procedures consistent with NI 43-101 requirements [4]. - Phase 2 focuses on integrated geological and geophysical reinterpretation to develop a coherent three-dimensional geological model [5]. - Phase 3 may include limited site visits to validate priority areas identified in earlier phases [6]. - Phase 4 will consider targeted exploration programs, including drilling, contingent on the results of previous phases and subject to financing and approvals [7]. Strategic Context - The staged approach aligns with VanadiumCorp's broader asset optimization strategy, which evaluates non-core assets while focusing on advancing its vanadium-iron-titanium projects and vanadium electrolyte initiatives for the VRFB market [10]. - The company aims to position itself as a reliable, low-cost, and environmentally responsible supplier of vanadium electrolyte and advanced materials for energy storage solutions [15]. Company Background - VanadiumCorp Resource Inc. is focused on developing vanadium-based materials for energy storage and steel markets, with core assets including the Lac Doré Vanadium-Iron-Titanium Project and the Iron-T Project [13][14].