AVL: Clarification - Application for Quotation dated 4 Sept 2026
Original announcement by asx on
- Company
- Australian Vanadium Limited
- Ticker
- AVL
- Exchange
- ASX
- Region
- Unavailable
- Primary commodity
- Unavailable
- Secondary commodities
- None reported
- Document categories
- Capital raise, Other, Resource update
- Extracted
- 2026-10-20 08:09:04 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Australian Vanadium Limited clarifies that a recent share issuance to Wyalong Pastoral Co Pty Ltd was conducted under Listing Rule 7.1 placement capacity, rather than 7.1A as previously stated. The company confirms it had sufficient capacity at the time of the issue.
Reasoning: The document is a technical clarification regarding a share issuance capacity, correcting a previous filing error. It does not contain new technical or financial data.
Positive factors
- Clarification of placement capacity confirms sufficient headroom under Listing Rule 7.1
Facts used in scoring: 9
Classification and evidence
Stale Data Re-releasenegative · Story-specific tag
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: The document provides clarification on a previous filing rather than new material information.
Evidence · text
“Clarification - Application for Quotation dated 4 Sept 2026”
Extracted facts
Stored fact records: 9. Some facts used in scoring do not have a stored record.
Resource Estimates (9)
measuredThe Australian Vanadium · iron_oreTonnes: 30600000Grade: 46.3Grade Unit: %View all detailsHide details
Identity
- Project
- The Australian Vanadium
- Commodity
- iron_ore
- Ticker
- AVL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:32f1f35b5e3cf44cde26
- Deposit or zone
- HG
- Ownership percent
- 100 %
Resource Data
- Category
- measured
- Tonnes
- 30600000
- Grade
- 46.3
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“46.3”
Context: 30.6
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedThe Australian Vanadium · iron_oreTonnes: 74800000Grade: 47.5Grade Unit: %View all detailsHide details
Identity
- Project
- The Australian Vanadium
- Commodity
- iron_ore
- Ticker
- AVL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:8c42139014ee426c59d5
- Deposit or zone
- HG
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 74800000
- Grade
- 47.5
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“47.5”
Context: 74.8
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredThe Australian Vanadium · iron_oreTonnes: 67900000Grade: 45.3Grade Unit: %View all detailsHide details
Identity
- Project
- The Australian Vanadium
- Commodity
- iron_ore
- Ticker
- AVL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:60559e0b465b20436688
- Deposit or zone
- HG
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 67900000
- Grade
- 45.3
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“45.3”
Context: 67.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedThe Australian Vanadium · iron_oreTonnes: 61800000Grade: 26.1Grade Unit: %View all detailsHide details
Identity
- Project
- The Australian Vanadium
- Commodity
- iron_ore
- Ticker
- AVL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:d7fdbc440d22d0de95e1
- Deposit or zone
- LG
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 61800000
- Grade
- 26.1
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“26.1”
Context: 61.8
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredThe Australian Vanadium · iron_oreTonnes: 142500000Grade: 24.9Grade Unit: %View all detailsHide details
Identity
- Project
- The Australian Vanadium
- Commodity
- iron_ore
- Ticker
- AVL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:34f1baf571fa28ebb5cd
- Deposit or zone
- LG
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 142500000
- Grade
- 24.9
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“24.9”
Context: 142.5
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredThe Australian Vanadium · iron_oreTonnes: 17900000Grade: 31Grade Unit: %View all detailsHide details
Identity
- Project
- The Australian Vanadium
- Commodity
- iron_ore
- Ticker
- AVL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:d545a2d8b46808b0cb72
- Deposit or zone
- Transported
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 17900000
- Grade
- 31
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“31.0”
Context: 17.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
measuredThe Australian Vanadium · iron_oreTonnes: 30600000Grade: 46.3Grade Unit: %View all detailsHide details
Identity
- Project
- The Australian Vanadium
- Commodity
- iron_ore
- Ticker
- AVL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:6d1d9e4b43f65b650f3b
- Ownership percent
- 100 %
Resource Data
- Category
- measured
- Tonnes
- 30600000
- Grade
- 46.3
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“46.3”
Context: 30.6
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedThe Australian Vanadium · iron_oreTonnes: 136600000Grade: 37.8Grade Unit: %View all detailsHide details
Identity
- Project
- The Australian Vanadium
- Commodity
- iron_ore
- Ticker
- AVL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:184bcfb40e654d5e1b53
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 136600000
- Grade
- 37.8
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“37.8”
Context: 136.6
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredThe Australian Vanadium · iron_oreTonnes: 228200000Grade: 31.4Grade Unit: %View all detailsHide details
Identity
- Project
- The Australian Vanadium
- Commodity
- iron_ore
- Ticker
- AVL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:0ac0658d3fcedabce5df
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 228200000
- Grade
- 31.4
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“31.4”
Context: 228.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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.