Core 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].

Core Viewpoint - VanadiumCorp Resource Inc. has reported positive interim results from its metallurgical testing program, indicating effective selective vanadium extraction and optimization of the processing flowsheet for its Lac Doré property [1][10]. Metallurgical Program Overview - The metallurgical testing program was executed in two phases to assess the beneficiation characteristics and evaluate downstream vanadium extraction options [3]. - Phase 1 focused on comminution and wet magnetic separation, resulting in a vanadium magnetite concentrate and an ilmenite pre-concentrate [4]. - The vanadium magnetite concentrate produced showed upgraded vanadium content suitable for further processing [5]. Phase 2 – Vanadium Extraction - Phase 2 involved oxidative roasting and sulfuric acid leaching to evaluate vanadium extractability from the beneficiated concentrate [6]. - Results indicated a positive correlation between roasting temperature and vanadium extraction efficiency, with recoveries reaching approximately 65% at 1,050°C [7][13]. Highlights of Interim Metallurgical Results - The vanadium-magnetite concentrate achieved a grade of approximately 0.93% V₂O₅ and ~78% Fe₂O₃, with a mass pull of ~63% under non-optimized conditions [13]. - Selective vanadium extraction was demonstrated, with limited dissolution of iron and titanium during leaching [13]. Strategic Significance - The interim results support the company's strategy to integrate hydrometallurgical processing with traditional beneficiation for a potential vanadium supply chain [10]. - The findings align with the company's proprietary VEPT hydrometallurgical process, which has shown high vanadium recoveries from similar feedstocks [10]. Recommendations for Further Work - IGS has recommended continued optimization, including refining the beneficiation flowsheet and conducting additional roasting and leaching tests [14].

Core Viewpoint - VanadiumCorp Resource Inc. is advancing its exploration efforts at the Lac Laura Property in Quebec, strategically located near the Cooke Mine, with plans for a comprehensive evaluation program in response to rising gold prices [1][6]. Company Overview - VanadiumCorp Resource Inc. is a Canadian mineral exploration company focused on developing vanadium-rich assets in Quebec, including the Lac Doré Vanadium Project and a pilot plant for vanadium electrolyte production [10]. Property Details - The Lac Laura Property consists of 39 mineral claims covering 550.65 hectares, compliant with provincial regulations [1]. - The property is situated in the Chapais Mining District, known for its copper-gold vein systems and volcanogenic massive sulphide lenses [2]. - Historical exploration by Minnova Inc. reported approximately 163,295 tonnes grading 5.83 g/t gold in the 113 North Zone, but this estimate is not compliant with NI 43-101 and requires further verification [3][5]. Historical Exploration - Limited drilling was conducted by VanadiumCorp between 2007 and 2012, with a data review by CSA Global Mining Industry Consultants in 2020 recommending further exploration [4]. - High-grade historical grab samples included 128.5 g/t Au, 113 g/t Ag, and 2.61% Cu, indicating potential mineralization [8]. Future Plans - The company has initiated a 2025–2026 evaluation program to compile and reinterpret legacy data, aiming to design a work plan for 2026 as part of its asset optimization strategy [6].

Core Insights - Largo Physical Vanadium Corp. (LPV) highlights a strategic supply agreement between Storion Energy LLC and TerraFlow Energy Operating LLC, which includes a vanadium electrolyte lease for a significant flow battery project in Bellville, Texas [1][2] - The Bellville project is set to be one of the largest flow battery deployments in the U.S., utilizing LPV's vanadium to lower upfront costs and enhance competitiveness against lithium-ion batteries [3][9] - The electrolyte lease is expected to commence in early 2027, with anticipated reductions in vanadium storage costs leading to new revenue streams for LPV [4][5] Company Overview - LPV is focused on transforming its physical vanadium holdings into revenue-generating assets, supporting the adoption of long-duration energy storage solutions [5][8] - The company aims to facilitate the development of a domestic vanadium electrolyte supply chain in the U.S., enhancing energy resilience and promoting the use of vanadium in energy storage [6][7] - LPV's unique vanadium leasing model is designed to remove barriers for large-scale energy storage deployments, positioning the company to compete effectively in the market [7][8] Project Details - The Bellville Flow Battery Project will utilize TerraFlow's large-tank flow battery design, which is engineered for safety and stability, providing multi-hour energy delivery without the risks associated with lithium-based systems [9] - The project is expected to help manage grid variability and support local infrastructure while minimizing fire hazards and maintenance requirements [9] Strategic Implications - The collaboration between LPV, Storion, and TerraFlow is anticipated to drive future deployments of vanadium flow batteries, creating additional demand for LPV's leased vanadium [5][6] - This strategic alignment is expected to generate long-term value for shareholders by facilitating the commercial-scale adoption of vanadium energy storage solutions [8]