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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/significant-improvement-in-vanadium-grade-in-phase-1-sizing-metallurgical-testwo--00acc98f-10cd-44ba-85db-aeb67296c444

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: 2026-08-21 10:00:56 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

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.

Reasoning: Phase 1 sizing testwork demonstrated a 2.4x to 3.65x grade improvement in the fine fraction, significantly enhancing the economic outlook for vanadium extraction.

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

- Positive factor: High pre-scrub grades achieved

- Positive factor: QA/QC protocols clearly disclosed

- Positive factor: Low-cost mining potential noted

Facts used in scoring: 4

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Story-specific tag

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release includes detailed QA/QC protocols, including blanks, duplicates, and standards, and names independent laboratories.

Evidence · text

> Velox uses a quality assurance/quality control \(QA/QC\) program that monitors the chain of custody of samples and includes the insertion of blanks, duplicates, and reference standards

## 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-staging.minestarters.com/news/significant-improvement-in-vanadium-grade-in-phase-1-sizing-metallurgical-testwo--00acc98f-10cd-44ba-85db-aeb67296c444#fact-metallurgical-facts-0)

vanadium

#### Identity

- Commodity: vanadium
- Ticker: VLX

#### Test Work

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

#### Recovery

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

#### Lab

- Laboratory: Brisbane Met Labs \(BML\)

#### 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-staging.minestarters.com/news/significant-improvement-in-vanadium-grade-in-phase-1-sizing-metallurgical-testwo--00acc98f-10cd-44ba-85db-aeb67296c444#fact-metallurgical-facts-1)

vanadium

#### Identity

- Commodity: vanadium
- Ticker: VLX

#### Test Work

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

#### Recovery

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

#### Lab

- Laboratory: Brisbane Met Labs \(BML\)

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Baseline head grade for Composite 2.

Evidence · text

> and 0.41% V 2 O 5 from Composite 2 received

### sizing

[Link to this fact](https://atlas-staging.minestarters.com/news/significant-improvement-in-vanadium-grade-in-phase-1-sizing-metallurgical-testwo--00acc98f-10cd-44ba-85db-aeb67296c444#fact-metallurgical-facts-2)

vanadium

#### Identity

- Commodity: vanadium
- Ticker: VLX

#### Test Work

- Program Status: preliminary
- Test Type: 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 \(BML\)

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: High grade achieved in the fine fraction via sizing.

- Positive factor: Significant grade improvement

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-staging.minestarters.com/news/significant-improvement-in-vanadium-grade-in-phase-1-sizing-metallurgical-testwo--00acc98f-10cd-44ba-85db-aeb67296c444#fact-metallurgical-facts-3)

vanadium

#### Identity

- Commodity: vanadium
- Ticker: VLX

#### Test Work

- Program Status: preliminary
- Test Type: 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 \(BML\)

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Highest grade achieved in the fine fraction via sizing.

- Positive factor: Exceptional grade improvement

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.