# Vanadium Mining News in Queensland Canonical page: https://atlas-staging.minestarters.com/news?commodities=vanadium®ions=australia_qld Atlas summarizes and classifies mining-industry stories from third-party publishers. Follow each source link for the original reporting. Results: 10 Returned: 10 Coverage: drill results, resource updates, and metallurgy; primary commodity matching; all time unless dates are supplied. Region: Queensland (australia_qld) Commodity: Vanadium (vanadium) Applied filters: {"regions":["australia_qld"],"commodities":["vanadium"],"commodity_scope":"primary","document_types":["drill_results","resource_update","metallurgy"],"document_type_match":"any"} Sort: published_at desc Offset: 0; page size: 10 ## CMG: DFS Drilling Program Commences at Lindfield - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/cmg-dfs-drilling-program-commences-at-lindfield--2ccfda8a-e5e6-4867-9174-fb48aacf3dd0) · [Markdown](https://atlas-staging.minestarters.com/news/cmg-dfs-drilling-program-commences-at-lindfield--2ccfda8a-e5e6-4867-9174-fb48aacf3dd0.md) - Original announcement: 2026-10-20T00:15:00.000Z - Atlas analysis published: 2026-10-20T02:03:03.048Z - Atlas analysis updated: 2026-10-20T02:03:03.048Z - Company: Critical Minerals Group Limited (CMG) - Original source: [asx](https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03154552) - Atlas sentiment: 0.226 - Atlas tags: Infill Drilling Critical Minerals Group has commenced its first field program for the Definitive Feasibility Study (DFS) at the Lindfield Vanadium Project in Queensland. The program involves approximately 55 core holes designed to increase geological confidence, provide metallurgical variability samples, and collect geotechnical and groundwater data. ## CMG: Lindfield PFS Mine Plan Area Fully Secured - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/cmg-lindfield-pfs-mine-plan-area-fully-secured--94ea30c7-b6de-4f1b-89aa-9fe3f98932b5) · [Markdown](https://atlas-staging.minestarters.com/news/cmg-lindfield-pfs-mine-plan-area-fully-secured--94ea30c7-b6de-4f1b-89aa-9fe3f98932b5.md) - Original announcement: 2026-10-19T03:27:00.000Z - Atlas analysis published: 2026-10-19T04:08:27.156Z - Atlas analysis updated: 2026-10-19T04:08:27.156Z - Company: Critical Minerals Group Limited (CMG) - Original source: [asx](https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03154072) - Atlas sentiment: 0.922 - Atlas tags: QP/CP Signed, JORC Compliant Critical Minerals Group has secured approval to add previously excluded land to its EPM 27872 permit, fully encompassing the Lindfield Vanadium Project's PFS mine plan. This resolves a high-rated risk regarding overlapping tenure and allows the company to proceed with Environmental Impact Statement and Mining Lease applications. ## CMG: Annual Report to shareholders - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/cmg-annual-report-to-shareholders--bc8dd782-114c-4d2e-a467-fbdf6a51bd35) · [Markdown](https://atlas-staging.minestarters.com/news/cmg-annual-report-to-shareholders--bc8dd782-114c-4d2e-a467-fbdf6a51bd35.md) - Original announcement: 2026-09-29T04:29:00.000Z - Atlas analysis published: 2026-09-29T15:31:19.906Z - Atlas analysis updated: 2026-09-29T15:31:19.906Z - Company: Critical Minerals Group (CMG) - Original source: [asx](https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03145339) - Atlas sentiment: 0.542 - Atlas tags: Indicated Resource, Inferred Resource, QP/CP Signed, JORC Compliant, PFS-Supporting, Cut-off Undisclosed, Placement Critical Minerals Group (CMG) released its Annual Report for FY26, highlighting the completion of a Pre-Feasibility Study (PFS) for its Lindfield Vanadium Project. The PFS confirmed robust economics with a pre-tax NPV of A$821 million and an IRR of 26.6% over a 31-year mine life, underpinned by a 713 million tonne Mineral Resource Estimate. The company also undertook two capital raises totaling over A$3.1 million to fund ongoing activities, despite a federal grant suspension. ## Velox Energy Materials Inc. Confirms Terms of Proposed Non-Brokered Private Placement Financing - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/velox-energy-materials-inc-confirms-terms-of-proposed-non-brokered-private-place--d224fda4-aed8-424d-af18-5b3a40fe5947) · [Markdown](https://atlas-staging.minestarters.com/news/velox-energy-materials-inc-confirms-terms-of-proposed-non-brokered-private-place--d224fda4-aed8-424d-af18-5b3a40fe5947.md) - Original announcement: 2026-03-06T12:20:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Velox Energy Materials Inc. (VLX) - Original source: [tmx](https://money.tmx.com/en/quote/VLX/news/8899654231845382/velox-energy-materials-inc-confirms-terms-of-proposed-non-brokered-private-place) - Atlas sentiment: 0.215 - Atlas tags: Inferred Resource, Related Party Transaction Velox Energy Materials Inc. has confirmed the terms of a non-brokered private placement of up to 89,296,272 units at $0.035 per unit, aiming to raise approximately $3.1 million. The proceeds are intended for strategic opportunity evaluation and general working capital. The announcement also restates the Indicated and Inferred mineral resources for the NQV Project in Queensland, Australia. ## Velox Defines Second Exploration Target at the North Queensland Vanadium Project, Australia - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/velox-defines-second-exploration-target-at-the-north-queensland-vanadium-project--d62f5a78-4822-46f0-9f5b-a2039e7eca85) · [Markdown](https://atlas-staging.minestarters.com/news/velox-defines-second-exploration-target-at-the-north-queensland-vanadium-project--d62f5a78-4822-46f0-9f5b-a2039e7eca85.md) - Original announcement: 2024-05-14T13:10:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Velox Energy Materials Inc. (VLX) - Original source: [tmx](https://money.tmx.com/en/quote/VLX/news/6415773405565424/velox-defines-second-exploration-target-at-the-north-queensland-vanadium-project) - Atlas sentiment: 0.343 - Atlas tags: Indicated Resource, Inferred Resource, NI 43-101 Compliant, QP/CP Signed Velox Energy Materials has defined a new exploration target at the Runnymede area of its North Queensland Vanadium Project, adding significant potential tonnage. The company also reported an updated mineral resource estimate for the Cambridge Deposit, consisting of 61.33 Mt Indicated and 144.87 Mt Inferred vanadium resources. ## Significant Improvement in Vanadium Grade in Phase 1 Sizing Metallurgical Testwork - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/significant-improvement-in-vanadium-grade-in-phase-1-sizing-metallurgical-testwo--00acc98f-10cd-44ba-85db-aeb67296c444) · [Markdown](https://atlas-staging.minestarters.com/news/significant-improvement-in-vanadium-grade-in-phase-1-sizing-metallurgical-testwo--00acc98f-10cd-44ba-85db-aeb67296c444.md) - Original announcement: 2024-04-25T08:50:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Velox Energy Materials Inc. (VLX) - Original source: [tmx](https://money.tmx.com/en/quote/VLX/news/8683273535445908/significant-improvement-in-vanadium-grade-in-phase-1-sizing-metallurgical-testwo) - Atlas sentiment: 0.493 - Atlas tags: QA/QC Disclosed Velox Energy Materials reported significant improvements in vanadium (V2O5) grades during Phase 1 metallurgical sizing testwork at the North Queensland Vanadium Project. Specifically, pre-scrub results in the -38μm fraction reached up to 0.98% V2O5, providing a strong foundation for upcoming flotation testing. ## Velox Energy Materials Inc. Investor Presentation - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/velox-energy-materials-inc-investor-presentation--58842c73-9081-4d89-9416-2b838fae35b4) · [Markdown](https://atlas-staging.minestarters.com/news/velox-energy-materials-inc-investor-presentation--58842c73-9081-4d89-9416-2b838fae35b4.md) - Original announcement: 2024-03-04T10:30:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Velox Energy Materials Inc. (VLX) - Original source: [tmx](https://money.tmx.com/en/quote/VLX/news/6899722781122770/velox-energy-materials-inc-investor-presentation) - Atlas sentiment: 0.105 - Atlas tags: Stale Estimate, Inferred Resource Velox Energy Materials shared an investor presentation highlighting its NQV Project in Queensland, Australia. The presentation restates the Cambridge Deposit's CIM compliant mineral resource of 61.33 Mt (Indicated) and 144.87 Mt (Inferred) containing vanadium and molybdenum. ## Major Metallurgical Testwork Program to Commence on Cambridge Vanadium Samples - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/major-metallurgical-testwork-program-to-commence-on-cambridge-vanadium-samples--b9346e03-1e1e-4ee3-bf34-ba4e0ac433ce) · [Markdown](https://atlas-staging.minestarters.com/news/major-metallurgical-testwork-program-to-commence-on-cambridge-vanadium-samples--b9346e03-1e1e-4ee3-bf34-ba4e0ac433ce.md) - Original announcement: 2024-02-21T00:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Velox Energy Materials Inc. (VLX) - Original source: [tmx](https://money.tmx.com/en/quote/VLX/news/6175748748534884/major-metallurgical-testwork-program-to-commence-on-cambridge-vanadium-samples) - Atlas sentiment: 0.236 - Atlas tags: Maiden Resource, QP/CP Signed Velox Energy Materials has commenced a major metallurgical testwork program for the Cambridge Vanadium deposit in Queensland. The program, overseen by BHM Process Consultants and conducted at Brisbane Met Labs, will use 12 composite samples to assess different mineralogical zones, with results expected in mid-2024. ## Velox Drilling Identifies High-grade Vanadium Zone within the Cambridge Deposit in Queensland, Australia - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/velox-drilling-identifies-high-grade-vanadium-zone-within-the-cambridge-deposit--4b36b42c-bf65-4ef1-ac29-a98253a5883d) · [Markdown](https://atlas-staging.minestarters.com/news/velox-drilling-identifies-high-grade-vanadium-zone-within-the-cambridge-deposit--4b36b42c-bf65-4ef1-ac29-a98253a5883d.md) - Original announcement: 2024-01-23T07:30:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Velox Energy Materials Inc. (VLX) - Original source: [tmx](https://money.tmx.com/en/quote/VLX/news/8815178659007782/velox-drilling-identifies-high-grade-vanadium-zone-within-the-cambridge-deposit-) - Atlas sentiment: 0.722 - Atlas tags: QA/QC Disclosed, QP/CP Signed, Infill Drilling, Stale Data Re-release, NI 43-101 Compliant Velox Energy Materials Inc. announced highly encouraging drill results from its Phase 1 diamond drill program at the Cambridge Vanadium deposit in Queensland, Australia. The program identified significant high-grade vanadium intercepts, including 1.1 m at 0.84% V2O5, at shallow depths within a laterally continuous mineralized zone. These new results, which also revealed a rare earth element enrichment zone, are expected to enhance the understanding of the deposit and support a potential update to the existing resource estimate and future metallurgical studies. ## Velox Energy Materials Closes Private Placement of $1.5 Million to Progress Development of Flagship North Queensland Vanadium Project - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/velox-energy-materials-closes-private-placement-of-1-5-million-to-progress-devel--82c95a0e-de47-4591-9e26-ce750e6fcdc8) · [Markdown](https://atlas-staging.minestarters.com/news/velox-energy-materials-closes-private-placement-of-1-5-million-to-progress-devel--82c95a0e-de47-4591-9e26-ce750e6fcdc8.md) - Original announcement: 2023-11-30T22:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Velox Energy Materials Inc. (VLX) - Original source: [tmx](https://money.tmx.com/en/quote/VLX/news/7716266017645712/velox-energy-materials-closes-private-placement-of-1-5-million-to-progress-devel) - Atlas sentiment: 0.226 - Atlas tags: QP/CP Signed, Inferred Resource Velox Energy Materials has closed a C$1.5 million non-brokered private placement to advance its North Queensland Vanadium Project. Proceeds will fund metallurgical testwork, resource updates, and a planned dual listing on the ASX in early 2024. # Atlas tag definitions - **Bonanza Intercept:** Exceptionally high-grade zone, well above the deposit-type norm. - **True Width Disclosed:** Actual thickness perpendicular to structure is stated, not just downhole length. - **Step-Out Extension:** Mineralization extended beyond the previously known limit. - **QA/QC Disclosed:** Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates). - **Compositing Transparent:** Cut-off grade and internal dilution rules are clearly stated for reported intervals. - **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery. - **Apparent Width Only:** Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. - **Stale Data Re-release:** Historical results re-announced with no new assays or reinterpretation — low genuine novelty. - **No QA/QC Disclosure:** Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. - **Metal Equivalent Opaque:** Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. - **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers. - **Deleterious Elements Present:** Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release. - **Infill Drilling:** Confirmatory drilling to raise resource confidence, not new discovery. - **Nearology Play:** Value premise rests on proximity to a known deposit rather than own results. - **Measured Resource:** Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. - **Indicated Resource:** Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. - **Proven Reserve:** Measured Resource with demonstrated economic viability after applying modifying factors. - **Probable Reserve:** Indicated Resource with demonstrated economic viability after applying modifying factors. - **Category Upgrade:** Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal. - **Tonnage Growth:** Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved. - **Grade Improvement:** Average resource grade improved vs prior estimate — better deposit economics. - **Contained Metal Growth:** True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. - **QP/CP Signed:** Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience. - **Cut-off Disclosed:** Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. - **JORC Compliant:** Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard. - **NI 43-101 Compliant:** Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard. - **Inferred Resource:** Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. - **All Inferred:** 100% of resource is Inferred category — very early stage, no engineering confidence. - **Grade Decline:** Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. - **Tonnage Decline:** Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. - **Category Downgrade:** Resource confidence decreased — Measured downgraded to Indicated, or Indicated to Inferred. Unusual and concerning. - **Contained Metal Decline:** Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. - **Dilutive Growth:** Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion. - **Cut-off Lowered:** Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation. - **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers. - **Historical Estimate Only:** Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling. - **Stale Estimate:** Effective date is >2 years old — data currency concern, may not reflect current geological understanding. - **No Contained Metal:** Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. - **No QP/CP Disclosure:** No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. - **Maiden Resource:** First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. - **Resource Update:** Revised estimate for an existing resource — compare to prior to assess progress. - **PEA-Supporting:** Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. - **PFS-Supporting:** Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. - **DFS-Supporting:** Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. - **High Recovery:** Recovery at or above the exceptional band for the commodity and processing route. - **Pilot Scale Complete:** Pilot or demonstration plant testing completed under continuous operation. - **Free Milling:** Simple, clean ore amenable to standard processing without oxidation. - **Multi-Domain Tested:** Variability across ore domains (oxide, transition, fresh) has been addressed. - **Recovery Improving:** Recovery improved versus a like-for-like prior test program on the same domain and route. - **Low Recovery:** Recovery below the weak band for the commodity and processing route. - **Bench Scale Only:** Only preliminary bench tests completed — no locked-cycle or pilot work. - **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery. - **Single Domain Only:** Testing limited to one composite or domain — representativeness not established. - **Recovery Stagnant:** No improvement across multiple test programs on comparable material. - **Theoretical Recovery Only:** Only theoretical or liberation-derived recovery reported, with no actual test result. - **Heap Leach Route:** Processing via heap leach — lower CAPEX and OPEX, lower recovery expected. - **Mill Route:** Processing via mill or concentrator (CIL, CIP, tank leach, flotation). - **Gravity Route:** Gravity separation forms a material part of the flowsheet. - **POX/BIOX Route:** Pressure or bio-oxidation for refractory ore — high CAPEX and OPEX. - **Byproduct Commodity:** The tested commodity is a byproduct rather than the primary economic driver.