CleanTech To Commence Diamond Drilling at Campbell-Crotser Fluorspar Project, Kentucky
Original announcement by tmx on
- Company
- CleanTech Vanadium Mining Corp.
- Ticker
- CTV
- Exchange
- TSX
- Region
- Kentucky
- Primary commodity
- Fluorite
- Secondary commodities
- Zinc, Lead
- Document categories
- Drill results, Resource update
- Extracted
- 2026-08-23 06:28:37 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
CleanTech Vanadium Mining Corp. has announced the start of a diamond-core drilling program at its Campbell-Crotser fluorspar project in Kentucky. The program aims to delineate a vein system for potential underground mining, targeting a conceptual resource of 150,000 to 250,000 tons at approximately 35% CaF2.
Reasoning: The company is initiating a new drilling program to test a historic fluorspar vein. While the target is conceptual and based on non-compliant historical data, the commencement of active exploration in a prolific district is a positive development.
Positive factors
- Commencement of new drilling program to test historic vein system
- Targeting a known prolific district (IKFD)
- Clear conceptual target defined by historical data
Negative factors
- Historical resource is non-compliant and lacks QA/QC
- Target is currently conceptual and not a formal mineral resource
- High uncertainty regarding continuity and economic viability
Facts used in scoring: 3
Classification and evidence
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The historical estimate provided is described as non-compliant and lacks the confidence for higher categories.
Evidence · text
“The historical resource categories were defined prior to the adoption of current CIM Definition Standards and differ materially from current categories”
No QP/CP Disclosurenegative
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.
Why it applies: The historical estimate was performed in 1974 and the company states a QP has not validated it.
Evidence · text
“caution should be taken as a qualified person has not conducted sufficient work to classify these historical resource estimates”
Historical Estimate Onlynegative
Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.
Why it applies: The resource data cited is from a 1974 report by Cerro Spar Corporation.
Evidence · text
“A historic (non-43-101 compliant) mineral resource estimate performed by Boyce Moodie III in 1974”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Drill Results (3)
Fact 1fluoriteGrade: 37.1Grade Unit: % CaF2Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Commodity
- fluorite
- Ticker
- CTV
Geometry
- Grade
- 37.1
- Grade Unit
- % CaF2
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- low_confidence
- Historical
- Yes
- Historical Source Date
- 1974-01-01T00:00:00.000Z
Dates
- Event date
- 2026-06-12T00:00:00.000Z
Reasoning: This is a restatement of a 1974 historical estimate that the company explicitly warns is non-compliant and unreliable.
Negative factors
- Non-compliant with NI 43-101/CIM standards
- Lacks documented estimation methodology and QA/QC
- Data is from 1974
Evidence · text
“A historic (non-43-101 compliant) mineral resource estimate performed by Boyce Moodie III in 1974... reported 805,841 tons grading 37.10% CaF2”
Fact 2zincGrade: 3.23Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Commodity
- zinc
- Ticker
- CTV
Geometry
- Grade
- 3.23
- Grade Unit
- %
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- low_confidence
- Historical
- Yes
- Historical Source Date
- 1974-01-01T00:00:00.000Z
Dates
- Event date
- 2026-06-12T00:00:00.000Z
Reasoning: Zinc grade is part of the non-compliant 1974 historical resource estimate.
Negative factors
- Part of a non-compliant historical estimate
Evidence · text
“805,841 tons grading 37.10% CaF2, 3.23% Zn, and 0.99% Pb”
Fact 3leadGrade: 0.99Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Commodity
- lead
- Ticker
- CTV
Geometry
- Grade
- 0.99
- Grade Unit
- %
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- low_confidence
- Historical
- Yes
- Historical Source Date
- 1974-01-01T00:00:00.000Z
Dates
- Event date
- 2026-06-12T00:00:00.000Z
Reasoning: Lead grade is part of the non-compliant 1974 historical resource estimate.
Negative factors
- Part of a non-compliant historical estimate
Evidence · text
“805,841 tons grading 37.10% CaF2, 3.23% Zn, and 0.99% Pb”
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.