Velox Drilling Identifies High-grade Vanadium Zone within the Cambridge Deposit in Queensland, Australia
Original announcement by tmx on
- Company
- Velox Energy Materials Inc.
- Ticker
- VLX
- Exchange
- TSX
- Region
- Queensland, Australia
- Primary commodity
- Vanadium
- Secondary commodities
- Molybdenum, Rare earth elements
- Document categories
- Drill results, Resource update
- Extracted
- 2026-08-21 11:00:28 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
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.
Reasoning: The drill program yielded very encouraging high-grade vanadium intercepts at shallow depths, confirmed lateral continuity, and identified a new rare earth element enrichment zone, exceeding expectations and providing strong support for future resource and metallurgical studies.
Positive factors
- high_grade_intercepts
- laterally_continuous_mineralization
- potential_resource_update
- ree_enrichment_identified
- strong_qaqc_disclosure
Facts used in scoring: 19
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release details a comprehensive QA/QC program including blanks, duplicates, standards, umpire checks, and certified 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 in each batch of samples sent for analysis.”
QP/CP Signedpositive
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.
Why it applies: The news release states that the scientific and technical information has been reviewed and approved by Michael Griffiths, FAusIMM, a Qualified Person.
Evidence · text
“Michael Griffiths, FAusIMM, Director & VP Exploration for Velox Energy Materials, a Qualified Person.”
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: The drill program is explicitly described as 'infill large diameter (100mm) 4C diamond core drill holes'.
Evidence · text
“A total of ten (10) infill large diameter (100mm) 4C diamond core drill holes totaling 333 m were completed at the Cambridge Vanadium deposit”
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: The resource estimate details are explicitly stated to be from November 2022 and refer to a previous news release and technical report.
Evidence · text
“The Indicated Resource of 61.33 Mt @ 0.34% V2O5 and an Inferred Resource of 144.87 Mt @ 0.33% V2O5 for the Cambridge Deposit was announced in November 2022 (see Currie Rose news release dated November 1, 2022 and the Technical Report by Dufresne et al., 2022).”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The existing Mineral Resource Estimate is stated to be 'CIM compliant' and the technical information is prepared in accordance with NI 43-101.
Evidence · text
“The Cambridge Vanadium Deposit currently hosts a CIM compliant Mineral Resource Estimate (MRE)”
Extracted facts
Stored fact records: 19. Some facts used in scoring do not have a stored record.
Drill Results (19)
NQVP23_008Cambridge Vanadium deposit · vanadiumGrade: 0.44Grade Unit: % V2O5Intercept: 4.7 mView all detailsHide details
Identity
- Hole ID
- NQVP23_008
- Project
- Cambridge Vanadium deposit
- Commodity
- vanadium
- Region
- australia_qld
- Reported Region
- Queensland, Australia
- Ticker
- VLX
Geometry
- Grade
- 0.44
- Grade Unit
- % V2O5
- Intercept
- 4.7 m
- From
- 8.6 m
- To
- 13.3 m
- Hole Depth
- 26 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Easting
- 695221
- Northing
- 7734412
- CRS
- EPSG: 7854 - GDA2020 / MGA zone 54
- Dip
- 90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates, standards, umpire, check_assays
Compositing
- Cutoff Grade
- 0.3
- Cutoff Unit
- % V2O5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-01-23T00:00:00.000Z
Reasoning: The intercept shows good vanadium grades at shallow depths, contributing to the understanding of the deposit's high-grade zones and supporting future resource updates.
Positive factors
- high_grade_for_deposit_type
- shallow_mineralization
- laterally_continuous
- strong_qaqc_disclosure
Evidence · text
“4.7 m @ 0.44% V2O5 from 8.6 m”
NQVP23_008Cambridge Vanadium deposit · vanadiumGrade: 0.84Grade Unit: % V2O5Intercept: 1.1 mView all detailsHide details
Identity
- Hole ID
- NQVP23_008
- Project
- Cambridge Vanadium deposit
- Commodity
- vanadium
- Region
- australia_qld
- Reported Region
- Queensland, Australia
- Ticker
- VLX
Geometry
- Grade
- 0.84
- Grade Unit
- % V2O5
- Intercept
- 1.1 m
- From
- 10.5 m
- To
- 11.6 m
- Hole Depth
- 26 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Easting
- 695221
- Northing
- 7734412
- CRS
- EPSG: 7854 - GDA2020 / MGA zone 54
- Dip
- 90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates, standards, umpire, check_assays
Compositing
- Cutoff Grade
- 0.3
- Cutoff Unit
- % V2O5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-01-23T00:00:00.000Z
Reasoning: The intercept shows good vanadium grades at shallow depths, contributing to the understanding of the deposit's high-grade zones and supporting future resource updates.
Positive factors
- high_grade_for_deposit_type
- shallow_mineralization
- laterally_continuous
- strong_qaqc_disclosure
Evidence · text
“1.1 m @ 0.84% V2O5 from 10.5 m”
NQVP23_005Cambridge Vanadium deposit · vanadiumGrade: 0.41Grade Unit: % V2O5Intercept: 5.4 mView all detailsHide details
Identity
- Hole ID
- NQVP23_005
- Project
- Cambridge Vanadium deposit
- Commodity
- vanadium
- Region
- australia_qld
- Reported Region
- Queensland, Australia
- Ticker
- VLX
Geometry
- Grade
- 0.41
- Grade Unit
- % V2O5
- Intercept
- 5.4 m
- From
- 19.5 m
- To
- 24.9 m
- Hole Depth
- 37 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Easting
- 694351
- Northing
- 7735523
- CRS
- EPSG: 7854 - GDA2020 / MGA zone 54
- Dip
- 90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates, standards, umpire, check_assays
Compositing
- Cutoff Grade
- 0.3
- Cutoff Unit
- % V2O5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-01-23T00:00:00.000Z
Reasoning: The intercept shows good vanadium grades at shallow depths, contributing to the understanding of the deposit's high-grade zones and supporting future resource updates.
Positive factors
- high_grade_for_deposit_type
- shallow_mineralization
- laterally_continuous
- strong_qaqc_disclosure
Evidence · text
“5.4 m @ 0.41% V2O5 from 19.5 m”
NQVP23_005Cambridge Vanadium deposit · vanadiumGrade: 0.77Grade Unit: % V2O5Intercept: 0.8 mView all detailsHide details
Identity
- Hole ID
- NQVP23_005
- Project
- Cambridge Vanadium deposit
- Commodity
- vanadium
- Region
- australia_qld
- Reported Region
- Queensland, Australia
- Ticker
- VLX
Geometry
- Grade
- 0.77
- Grade Unit
- % V2O5
- Intercept
- 0.8 m
- From
- 12.9 m
- To
- 13.7 m
- Hole Depth
- 37 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Easting
- 694351
- Northing
- 7735523
- CRS
- EPSG: 7854 - GDA2020 / MGA zone 54
- Dip
- 90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates, standards, umpire, check_assays
Compositing
- Cutoff Grade
- 0.3
- Cutoff Unit
- % V2O5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-01-23T00:00:00.000Z
Reasoning: The intercept shows good vanadium grades at shallow depths, contributing to the understanding of the deposit's high-grade zones and supporting future resource updates.
Positive factors
- high_grade_for_deposit_type
- shallow_mineralization
- laterally_continuous
- strong_qaqc_disclosure
Evidence · text
“0.8 m @ 0.77% V2O5 from 12.9 m”
NQVP23_004Cambridge Vanadium deposit · vanadiumGrade: 0.47Grade Unit: % V2O5Intercept: 4.7 mView all detailsHide details
Identity
- Hole ID
- NQVP23_004
- Project
- Cambridge Vanadium deposit
- Commodity
- vanadium
- Region
- australia_qld
- Reported Region
- Queensland, Australia
- Ticker
- VLX
Geometry
- Grade
- 0.47
- Grade Unit
- % V2O5
- Intercept
- 4.7 m
- From
- 9.5 m
- To
- 14.2 m
- Hole Depth
- 36 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Easting
- 693047
- Northing
- 7733163
- CRS
- EPSG: 7854 - GDA2020 / MGA zone 54
- Dip
- 90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates, standards, umpire, check_assays
Compositing
- Cutoff Grade
- 0.3
- Cutoff Unit
- % V2O5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-01-23T00:00:00.000Z
Reasoning: The intercept shows good vanadium grades at shallow depths, contributing to the understanding of the deposit's high-grade zones and supporting future resource updates.
Positive factors
- high_grade_for_deposit_type
- shallow_mineralization
- laterally_continuous
- strong_qaqc_disclosure
Evidence · text
“4.7 m @ 0.47% V2O5 from 9.5 m”
NQVP23_004Cambridge Vanadium deposit · vanadiumGrade: 0.72Grade Unit: % V2O5Intercept: 1.1 mView all detailsHide details
Identity
- Hole ID
- NQVP23_004
- Project
- Cambridge Vanadium deposit
- Commodity
- vanadium
- Region
- australia_qld
- Reported Region
- Queensland, Australia
- Ticker
- VLX
Geometry
- Grade
- 0.72
- Grade Unit
- % V2O5
- Intercept
- 1.1 m
- From
- 20.5 m
- To
- 21.6 m
- Hole Depth
- 36 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Easting
- 693047
- Northing
- 7733163
- CRS
- EPSG: 7854 - GDA2020 / MGA zone 54
- Dip
- 90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates, standards, umpire, check_assays
Compositing
- Cutoff Grade
- 0.3
- Cutoff Unit
- % V2O5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-01-23T00:00:00.000Z
Reasoning: The intercept shows good vanadium grades at shallow depths, contributing to the understanding of the deposit's high-grade zones and supporting future resource updates.
Positive factors
- high_grade_for_deposit_type
- shallow_mineralization
- laterally_continuous
- strong_qaqc_disclosure
Evidence · text
“1.1 m @ 0.72% V2O5 from 20.5 m”
NQVP23_001Cambridge Vanadium deposit · vanadiumGrade: 0.43Grade Unit: % V2O5Intercept: 1.6 mView all detailsHide details
Identity
- Hole ID
- NQVP23_001
- Project
- Cambridge Vanadium deposit
- Commodity
- vanadium
- Region
- australia_qld
- Reported Region
- Queensland, Australia
- Ticker
- VLX
Geometry
- Grade
- 0.43
- Grade Unit
- % V2O5
- Intercept
- 1.6 m
- From
- 17.4 m
- To
- 19 m
- Hole Depth
- 30 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Easting
- 692239
- Northing
- 7734776
- CRS
- EPSG: 7854 - GDA2020 / MGA zone 54
- Dip
- 90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates, standards, umpire, check_assays
Compositing
- Cutoff Grade
- 0.4
- Cutoff Unit
- % V2O5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-01-23T00:00:00.000Z
Reasoning: The intercept shows good vanadium grades at shallow depths, contributing to the understanding of the deposit's high-grade zones and supporting future resource updates.
Positive factors
- high_grade_for_deposit_type
- shallow_mineralization
- laterally_continuous
- strong_qaqc_disclosure
Evidence · table
“0.43%”
Context: 1.6
NQVP23_002Cambridge Vanadium deposit · vanadiumGrade: 0.49Grade Unit: % V2O5Intercept: 1.3 mView all detailsHide details
Identity
- Hole ID
- NQVP23_002
- Project
- Cambridge Vanadium deposit
- Commodity
- vanadium
- Region
- australia_qld
- Reported Region
- Queensland, Australia
- Ticker
- VLX
Geometry
- Grade
- 0.49
- Grade Unit
- % V2O5
- Intercept
- 1.3 m
- From
- 10.2 m
- To
- 11.5 m
- Hole Depth
- 31 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Easting
- 692122
- Northing
- 7733776
- CRS
- EPSG: 7854 - GDA2020 / MGA zone 54
- Dip
- 90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates, standards, umpire, check_assays
Compositing
- Cutoff Grade
- 0.4
- Cutoff Unit
- % V2O5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-01-23T00:00:00.000Z
Reasoning: The intercept shows good vanadium grades at shallow depths, contributing to the understanding of the deposit's high-grade zones and supporting future resource updates.
Positive factors
- high_grade_for_deposit_type
- shallow_mineralization
- laterally_continuous
- strong_qaqc_disclosure
Evidence · table
“0.49%”
Context: 1.3
NQVP23_003Cambridge Vanadium deposit · vanadiumGrade: 0.49Grade Unit: % V2O5Intercept: 2.5 mView all detailsHide details
Identity
- Hole ID
- NQVP23_003
- Project
- Cambridge Vanadium deposit
- Commodity
- vanadium
- Region
- australia_qld
- Reported Region
- Queensland, Australia
- Ticker
- VLX
Geometry
- Grade
- 0.49
- Grade Unit
- % V2O5
- Intercept
- 2.5 m
- From
- 14.9 m
- To
- 17.4 m
- Hole Depth
- 37 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Easting
- 693171
- Northing
- 7734158
- CRS
- EPSG: 7854 - GDA2020 / MGA zone 54
- Dip
- 90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates, standards, umpire, check_assays
Compositing
- Cutoff Grade
- 0.4
- Cutoff Unit
- % V2O5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-01-23T00:00:00.000Z
Reasoning: The intercept shows good vanadium grades at shallow depths, contributing to the understanding of the deposit's high-grade zones and supporting future resource updates.
Positive factors
- high_grade_for_deposit_type
- shallow_mineralization
- laterally_continuous
- strong_qaqc_disclosure
Evidence · table
“0.49%”
Context: 2.5
NQVP23_004Cambridge Vanadium deposit · vanadiumGrade: 0.65Grade Unit: % V2O5Intercept: 1.4 mView all detailsHide details
Identity
- Hole ID
- NQVP23_004
- Project
- Cambridge Vanadium deposit
- Commodity
- vanadium
- Region
- australia_qld
- Reported Region
- Queensland, Australia
- Ticker
- VLX
Geometry
- Grade
- 0.65
- Grade Unit
- % V2O5
- Intercept
- 1.4 m
- From
- 20.2 m
- To
- 21.6 m
- Hole Depth
- 36 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Easting
- 693047
- Northing
- 7733163
- CRS
- EPSG: 7854 - GDA2020 / MGA zone 54
- Dip
- 90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates, standards, umpire, check_assays
Compositing
- Cutoff Grade
- 0.4
- Cutoff Unit
- % V2O5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-01-23T00:00:00.000Z
Reasoning: The intercept shows good vanadium grades at shallow depths, contributing to the understanding of the deposit's high-grade zones and supporting future resource updates.
Positive factors
- high_grade_for_deposit_type
- shallow_mineralization
- laterally_continuous
- strong_qaqc_disclosure
Evidence · table
“0.65%”
Context: 1.4
NQVP23_005Cambridge Vanadium deposit · vanadiumGrade: 0.6Grade Unit: % V2O5Intercept: 2.6 mView all detailsHide details
Identity
- Hole ID
- NQVP23_005
- Project
- Cambridge Vanadium deposit
- Commodity
- vanadium
- Region
- australia_qld
- Reported Region
- Queensland, Australia
- Ticker
- VLX
Geometry
- Grade
- 0.6
- Grade Unit
- % V2O5
- Intercept
- 2.6 m
- From
- 10.6 m
- To
- 13.2 m
- Hole Depth
- 37 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Easting
- 694351
- Northing
- 7735523
- CRS
- EPSG: 7854 - GDA2020 / MGA zone 54
- Dip
- 90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates, standards, umpire, check_assays
Compositing
- Cutoff Grade
- 0.4
- Cutoff Unit
- % V2O5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-01-23T00:00:00.000Z
Reasoning: The intercept shows good vanadium grades at shallow depths, contributing to the understanding of the deposit's high-grade zones and supporting future resource updates.
Positive factors
- high_grade_for_deposit_type
- shallow_mineralization
- laterally_continuous
- strong_qaqc_disclosure
Evidence · table
“0.60%”
Context: 2.6
NQVP23_006Cambridge Vanadium deposit · vanadiumGrade: 0.67Grade Unit: % V2O5Intercept: 1.1 mView all detailsHide details
Identity
- Hole ID
- NQVP23_006
- Project
- Cambridge Vanadium deposit
- Commodity
- vanadium
- Region
- australia_qld
- Reported Region
- Queensland, Australia
- Ticker
- VLX
Geometry
- Grade
- 0.67
- Grade Unit
- % V2O5
- Intercept
- 1.1 m
- From
- 8.6 m
- To
- 9.7 m
- Hole Depth
- 25 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Easting
- 694201
- Northing
- 7734286
- CRS
- EPSG: 7854 - GDA2020 / MGA zone 54
- Dip
- 90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates, standards, umpire, check_assays
Compositing
- Cutoff Grade
- 0.4
- Cutoff Unit
- % V2O5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-01-23T00:00:00.000Z
Reasoning: The intercept shows good vanadium grades at shallow depths, contributing to the understanding of the deposit's high-grade zones and supporting future resource updates.
Positive factors
- high_grade_for_deposit_type
- shallow_mineralization
- laterally_continuous
- strong_qaqc_disclosure
Evidence · table
“0.67%”
Context: 1.1
NQVP23_007Cambridge Vanadium deposit · vanadiumGrade: 0.52Grade Unit: % V2O5Intercept: 1.6 mView all detailsHide details
Identity
- Hole ID
- NQVP23_007
- Project
- Cambridge Vanadium deposit
- Commodity
- vanadium
- Region
- australia_qld
- Reported Region
- Queensland, Australia
- Ticker
- VLX
Geometry
- Grade
- 0.52
- Grade Unit
- % V2O5
- Intercept
- 1.6 m
- From
- 21 m
- To
- 22.6 m
- Hole Depth
- 36 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Easting
- 695095
- Northing
- 7733418
- CRS
- EPSG: 7854 - GDA2020 / MGA zone 54
- Dip
- 90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates, standards, umpire, check_assays
Compositing
- Cutoff Grade
- 0.4
- Cutoff Unit
- % V2O5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-01-23T00:00:00.000Z
Reasoning: The intercept shows good vanadium grades at shallow depths, contributing to the understanding of the deposit's high-grade zones and supporting future resource updates.
Positive factors
- high_grade_for_deposit_type
- shallow_mineralization
- laterally_continuous
- strong_qaqc_disclosure
Evidence · table
“0.52%”
Context: 1.6
NQVP23_008Cambridge Vanadium deposit · vanadiumGrade: 0.71Grade Unit: % V2O5Intercept: 1.6 mView all detailsHide details
Identity
- Hole ID
- NQVP23_008
- Project
- Cambridge Vanadium deposit
- Commodity
- vanadium
- Region
- australia_qld
- Reported Region
- Queensland, Australia
- Ticker
- VLX
Geometry
- Grade
- 0.71
- Grade Unit
- % V2O5
- Intercept
- 1.6 m
- From
- 10 m
- To
- 11.6 m
- Hole Depth
- 26 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Easting
- 695221
- Northing
- 7734412
- CRS
- EPSG: 7854 - GDA2020 / MGA zone 54
- Dip
- 90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates, standards, umpire, check_assays
Compositing
- Cutoff Grade
- 0.4
- Cutoff Unit
- % V2O5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-01-23T00:00:00.000Z
Reasoning: The intercept shows good vanadium grades at shallow depths, contributing to the understanding of the deposit's high-grade zones and supporting future resource updates.
Positive factors
- high_grade_for_deposit_type
- shallow_mineralization
- laterally_continuous
- strong_qaqc_disclosure
Evidence · table
“0.71%”
Context: 1.6
NQVP23_009Cambridge Vanadium deposit · vanadiumGrade: 0.48Grade Unit: % V2O5Intercept: 1.2 mView all detailsHide details
Identity
- Hole ID
- NQVP23_009
- Project
- Cambridge Vanadium deposit
- Commodity
- vanadium
- Region
- australia_qld
- Reported Region
- Queensland, Australia
- Ticker
- VLX
Geometry
- Grade
- 0.48
- Grade Unit
- % V2O5
- Intercept
- 1.2 m
- From
- 4.4 m
- To
- 5.6 m
- Hole Depth
- 20 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Easting
- 692334
- Northing
- 7735515
- CRS
- EPSG: 7854 - GDA2020 / MGA zone 54
- Dip
- 90 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, duplicates, standards, umpire, check_assays
Compositing
- Cutoff Grade
- 0.4
- Cutoff Unit
- % V2O5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-01-23T00:00:00.000Z
Reasoning: The intercept shows good vanadium grades at shallow depths, contributing to the understanding of the deposit's high-grade zones and supporting future resource updates.
Positive factors
- high_grade_for_deposit_type
- shallow_mineralization
- laterally_continuous
- strong_qaqc_disclosure
Evidence · table
“0.48%”
Context: 1.2
Fact 16Cambridge Vanadium deposit · vanadiumGrade: 0.34Grade Unit: % V2O5Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Cambridge Vanadium deposit
- Commodity
- vanadium
- Region
- australia_qld
- Reported Region
- Queensland, Australia
- Ticker
- VLX
Geometry
- Grade
- 0.34
- Grade Unit
- % V2O5
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2022-11-01T00:00:00.000Z
Dates
- Event date
- 2024-01-23T00:00:00.000Z
Reasoning: This is a historical resource estimate providing context for the current drilling, but it is not new information.
Positive factors
- ni_43_101_compliant
- qp_signed
Negative factors
- stale_estimate
Evidence · text
“Indicated Mineral Resource of 61.33 Mt @ 0.34% V2O5”
Fact 17Cambridge Vanadium deposit · molybdenumGrade: 234.6Grade Unit: ppm MoO3Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Cambridge Vanadium deposit
- Commodity
- molybdenum
- Region
- australia_qld
- Reported Region
- Queensland, Australia
- Ticker
- VLX
Geometry
- Grade
- 234.6
- Grade Unit
- ppm MoO3
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2022-11-01T00:00:00.000Z
Dates
- Event date
- 2024-01-23T00:00:00.000Z
Reasoning: This is a historical resource estimate providing context for the current drilling, but it is not new information.
Positive factors
- ni_43_101_compliant
- qp_signed
Negative factors
- stale_estimate
Evidence · text
“234.6 ppm MoO3”
Fact 18Cambridge Vanadium deposit · vanadiumGrade: 0.33Grade Unit: % V2O5Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Cambridge Vanadium deposit
- Commodity
- vanadium
- Region
- australia_qld
- Reported Region
- Queensland, Australia
- Ticker
- VLX
Geometry
- Grade
- 0.33
- Grade Unit
- % V2O5
Compositing
- Cutoff Grade
- 0.25
- Cutoff Unit
- % V2O5
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2022-11-01T00:00:00.000Z
Dates
- Event date
- 2024-01-23T00:00:00.000Z
Reasoning: This is a historical resource estimate providing context for the current drilling, but it is not new information.
Positive factors
- ni_43_101_compliant
- qp_signed
Negative factors
- stale_estimate
Evidence · text
“Inferred Mineral Resource of 144.87 Mt @ 0.33% V2O5 ( cut-off grade of 0.25% V2O5)”
Fact 19Cambridge Vanadium deposit · molybdenumGrade: 241.9Grade Unit: ppm MoO3Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Cambridge Vanadium deposit
- Commodity
- molybdenum
- Region
- australia_qld
- Reported Region
- Queensland, Australia
- Ticker
- VLX
Geometry
- Grade
- 241.9
- Grade Unit
- ppm MoO3
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2022-11-01T00:00:00.000Z
Dates
- Event date
- 2024-01-23T00:00:00.000Z
Reasoning: This is a historical resource estimate providing context for the current drilling, but it is not new information.
Positive factors
- ni_43_101_compliant
- qp_signed
Negative factors
- stale_estimate
Evidence · text
“241.9 ppm MoO3”
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.