# Significant Improvement in Vanadium Grade in Phase 1 Sizing Metallurgical Testwork

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/significant-improvement-in-vanadium-grade-in-phase-1-sizing-metallurgical-testwo--62c12d28-4732-4a92-8140-8edbd35538b9

Original source: https://money.tmx.com/en/quote/VLX/news/8683273535445908/significant-improvement-in-vanadium-grade-in-phase-1-sizing-metallurgical-testwo

Publisher: tmx

Original announcement: 2024-04-25T08:50:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Velox Energy Materials Inc.

- Ticker: VLX

- Exchange: TSX

- Region: Queensland, Australia

- Primary commodity: Vanadium

- Secondary commodities: Molybdenum

- Document categories: Metallurgy

- Extracted: 2026-09-13 06:55:52 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Velox Energy Materials reported significant grade improvements in its Phase 1 metallurgical sizing testwork at the Cambridge Vanadium Deposit. Specifically, the -38μm fraction returned vanadium grades of up to 0.98% V2O5, representing a 2.4 to 3.65x improvement over the initial head grades.

Reasoning: Phase 1 sizing testwork demonstrated significant grade enrichment in the fine fraction, providing a strong foundation for upcoming flotation tests.

- Positive factor: Significant grade improvement in -38μm fraction

- Positive factor: Pre-float grade of 0.98% V2O5 achieved

- Positive factor: QA/QC protocols and independent labs disclosed

- Positive factor: Low-cost mining potential \(near surface, soft sediments\)

- Negative factor: Phase 1 is early-stage sizing only; flotation testing pending

Facts used in scoring: 4

## Classification and evidence

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: Testwork involves sizing and preparation for flotation.

Evidence · text

> Commencement of sighter flotation testing

**Single Domain Only**

Polarity: negative

Definition: Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Metallurgical Results (4)

### sizing

[Link to this fact](https://atlas-extractions.minestarters.com/news/significant-improvement-in-vanadium-grade-in-phase-1-sizing-metallurgical-testwo--62c12d28-4732-4a92-8140-8edbd35538b9#fact-metallurgical-facts-0)

North Queensland Vanadium Project · vanadium

#### Identity

- Project: North Queensland Vanadium Project
- Commodity: vanadium
- Region: australia\_qld
- Reported Region: Queensland, Australia
- Ticker: VLX

#### Test Work

- Program Status: preliminary
- Test Type: sizing
- Processing Route: sizing
- Sample: Composite 1 head grade

#### Recovery

- Head Grade: 0.23
- Head Grade Unit: % V2O5

#### Lab

- Laboratory: Brisbane Met Labs \(BML\)
- Consultant: BHM Process Consultants \(BHM\)

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-04-25T00:00:00.000Z

Reasoning: Baseline head grade for Composite 1.

Evidence · text

> Head grade results of 0.23% V 2 O 5 from Composite 1

### sizing

[Link to this fact](https://atlas-extractions.minestarters.com/news/significant-improvement-in-vanadium-grade-in-phase-1-sizing-metallurgical-testwo--62c12d28-4732-4a92-8140-8edbd35538b9#fact-metallurgical-facts-1)

North Queensland Vanadium Project · vanadium

#### Identity

- Project: North Queensland Vanadium Project
- Commodity: vanadium
- Region: australia\_qld
- Reported Region: Queensland, Australia
- Ticker: VLX

#### Test Work

- Program Status: preliminary
- Test Type: sizing
- Processing Route: sizing
- Sample: Composite 2 head grade

#### Recovery

- Head Grade: 0.41
- Head Grade Unit: % V2O5

#### Lab

- Laboratory: Brisbane Met Labs \(BML\)
- Consultant: BHM Process Consultants \(BHM\)

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-04-25T00:00:00.000Z

Reasoning: Baseline head grade for Composite 2.

Evidence · text

> 0.41% V 2 O 5 from Composite 2 received

### sizing

[Link to this fact](https://atlas-extractions.minestarters.com/news/significant-improvement-in-vanadium-grade-in-phase-1-sizing-metallurgical-testwo--62c12d28-4732-4a92-8140-8edbd35538b9#fact-metallurgical-facts-2)

North Queensland Vanadium Project · vanadium

#### Identity

- Project: North Queensland Vanadium Project
- Commodity: vanadium
- Region: australia\_qld
- Reported Region: Queensland, Australia
- Ticker: VLX

#### Test Work

- Program Status: preliminary
- Test Type: sizing
- Processing Route: sizing
- Sample: Composite 1 \(-9.5mm sub split\) within the -38μm fraction

#### Recovery

- Head Grade: 0.84
- Head Grade Unit: % V2O5

#### Lab

- Laboratory: Brisbane Met Labs \(BML\)
- Consultant: BHM Process Consultants \(BHM\)

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-04-25T00:00:00.000Z

Reasoning: High grade achieved in the -38um fraction via sizing.

- Positive factor: Significant grade improvement in fine fraction

Evidence · text

> Composite 1 \(-9.5mm sub split\) within the -38μm fraction returning assays of 0.84% V 2 O 5

### sizing

[Link to this fact](https://atlas-extractions.minestarters.com/news/significant-improvement-in-vanadium-grade-in-phase-1-sizing-metallurgical-testwo--62c12d28-4732-4a92-8140-8edbd35538b9#fact-metallurgical-facts-3)

North Queensland Vanadium Project · vanadium

#### Identity

- Project: North Queensland Vanadium Project
- Commodity: vanadium
- Region: australia\_qld
- Reported Region: Queensland, Australia
- Ticker: VLX

#### Test Work

- Program Status: preliminary
- Test Type: sizing
- Processing Route: sizing
- Sample: Composite 2 \(-9.5mm sub split\) within the -38μm fraction

#### Recovery

- Head Grade: 0.98
- Head Grade Unit: % V2O5

#### Lab

- Laboratory: Brisbane Met Labs \(BML\)
- Consultant: BHM Process Consultants \(BHM\)

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-04-25T00:00:00.000Z

Reasoning: Exceptional grade improvement in the fine fraction.

- Positive factor: High pre-float grade achieved

Evidence · text

> Composite 2 \(-9.5mm sub split\) within the -38μm fraction returning assays of 0.98% V 2 O 5

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.