Northwire Canada EditionMonday, September 21, 2026
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Production / Operations

Vanadiumcorp outlines work on Quebec projects

VRB · Price

Executive Summary

  • Vanadiumcorp provided a comprehensive update on its flagship Lac Dore and Iron‑T projects, highlighting recent geophysical work and plans to revise historic NI 43‑101 resource estimates.
  • The company announced that its proprietary VEPT metal‑recovery technology has received Canadian patent approval and is now being tested in Australia.
  • Additional project updates were given for the Lac Laura gold property and the broader strategic positioning of Vanadiumcorp within North American critical‑minerals supply chains.

Key Details

  • Lac Dore Project
  • Completed an ambient noise tomography (ANT) survey to improve geological understanding and identify deeper targets.
  • Working to update the mineral resource model, which will feed a revision of the historical 2020 NI 43‑101 estimate (214.93 Mt @ 24.6% magnetite, 1.3% V₂O₅ ≈ 1.49 bn lb V₂O₅).
  • Goal: enhance resource classification and solidify Lac Dore as one of North America’s largest vanadium deposits.

  • Iron‑T Project

  • Compiling and re‑evaluating historical geological, geophysical, and geochemical data; future work will employ AI and advanced geophysics to build a new 3‑D model.
  • Historical 2011 NI 43‑101 estimate for the Genesis zone: 14.38 Mt inferred at 0.42% V₂O₅ (historical).
  • Consistent historic drill intercepts, trench samples, and geophysical anomalies suggest comparable metallurgical characteristics to Lac Dore, supporting its potential as a significant vanadium‑titanium source.

  • Lac Laura Property

  • Reviewing historical exploration data (geophysics, sampling, drilling) from the former Minnova/Falconbridge work; a detailed update will be provided in a future release.

  • VEPT Technology Update

  • VEPT (Vanadiumcorp Electrochem Process Technology) received Canadian patent approval, expanding IP protection to five countries.
  • Ongoing active testing of VEPT in Australia aims to deliver a low‑energy, environmentally friendly extraction method for vanadium, iron, and titanium across diverse feedstocks.

  • Strategic Context

  • Vanadium and titanium are now designated critical minerals in Canada and the United States, positioning Vanadiumcorp to benefit from domestic supply‑chain initiatives and renewable‑energy transitions.
  • The company emphasizes its diversified portfolio as a pathway for long‑term value creation amid growing demand for critical minerals in energy storage, clean technology, and defence sectors.

Notable Quotes

  • “Our recent geophysical work at Lac Dore and the upcoming AI‑driven modeling at Iron‑T underscore our commitment to advancing world‑class vanadium assets that align with North America’s strategic priorities,” – Kristien Davenport, President & CEO.

Materiality Assessment: Non‑Material – Positive (the release provides operational updates and strategic positioning without new financial or earnings information).

Read the original news release →

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