VanadiumCorp Provides Update on Strategic Mining Projects Amid Growing Demand for Critical Minerals

Executive Summary

• VanadiumCorp provided a comprehensive update on its flagship Lac Doré and Iron‑T projects, highlighting recent geophysical work, resource model revisions, and the strategic importance of vanadium and titanium as Critical Minerals.
• The company announced that its proprietary VEPT™ extraction technology has received Canadian patent approval and is now being tested in Australia.
• Historical resource estimates for Lac Doré (214.93 Mt @ 24.6% magnetite, 1.3% V₂O₅) and Iron‑T (14.38 Mt inferred @ 0.42% V₂O₅) were reiterated as baseline figures pending updated NI 43‑101 studies.

Key Details

• Lac Doré Project
• Completed an Ambient Noise Tomography (ANT) survey earlier in the year to improve geological understanding and target deeper exploration zones.
• Working to update the mineral resource model, which will revise the historical 2020 NI 43‑101 estimate of 214.93 Mt grading 24.6% magnetite and 1.3% V₂O₅ (≈1.49 bn lb V₂O₅).

• Goal: enhance resource classification and position Lac Doré as one of North America’s largest vanadium deposits, suitable for high‑purity energy‑storage applications.

• Iron‑T Project

• Compiling and re‑evaluating historic geological, geophysical, and geochemical data; future work will employ AI and advanced geophysics to build a new 3‑D model for target generation.
• Historical 2011 NI 43‑101 inferred resource: 14.38 Mt @ 0.42% V₂O₅ within the Genesis Zone, open at depth and along strike.

• Consistent historic drill intercepts, trench samples, and geophysical anomalies over a 22‑km strike suggest metallurgical characteristics comparable to Lac Doré (low impurities, strong recoveries).

• Lac Laura Property

• Reviewing historical exploration data (geophysics, sampling, drilling) from the gold‑focused Lac Laura property; future update forthcoming.

• Technology Update – VEPT™

• VanadiumCorp’s proprietary VanadiumCorp Electrochem Process Technology (VEPT™) received Canadian patent approval, extending IP protection to five countries.

• VEPT™ is undergoing active testing in Australia, aiming to provide a low‑energy, environmentally friendly method for extracting vanadium, iron, and titanium from diverse feedstocks.

• Strategic Context

• Vanadium and titanium have been designated as Critical Minerals by both Canada and the United States, creating opportunities tied to domestic supply‑chain initiatives and renewable‑energy transitions.
• The company emphasizes its alignment with North American strategic priorities for critical minerals, supporting sectors such as energy storage, clean technology, and defence.

Notable Quotes

“VanadiumCorp remains focused on strategically advancing its projects to accelerate development. With a strengthening investment case for North American vanadium production, the Company’s diversified portfolio offers multiple pathways for long‑term value creation.” – Kristien Davenport, CEO & President

Materiality Assessment: Non-Material – Neutral (informational project update without new financial results or definitive material transactions).