Latest Vanadium News

Anson Resources has completed environmental baseline surveys at its Yellow Cat uranium-vanadium project in Utah, clearing a stated hurdle ahead of planned drilling. The next test is whether twin holes can validate historical high-grade results and support a maiden JORC 2012 resource estimate.

CZR Resources has expanded its exploration case at Croydon, with shallow gold at Frank’s Patch and Baskerville complemented by deeper mineralisation at Top Camp. The company has also lodged a mining lease application for its Buddadoo vanadium-titanium-magnetite project.

Albright Metals will surrender its Gabanintha mineral rights to Australian Vanadium in return for $1.75 million, a 0.75% royalty and a sharper focus on its Canadian flagship. The package includes $500,000 in cash and $1.25 million of Australian Vanadium shares, although the final share count is yet to be determined.

Australian Vanadium will pay $500,000 in cash, issue $1.25 million of shares and transfer a royalty to regain control of non-vanadium mineral rights at its Gabanintha project. The deal simplifies the project’s ownership structure, but the newly recovered nickel, copper and gold potential remains unproven and outside the current development case.

Vanadium Resources has secured an oversubscribed A$1.0 million placement to advance studies, site work, offtake discussions and project financing for its planned V-Iron Plant in South Africa. The raise gives VR8 fresh development capital, but the project still depends on a scoping study, binding commercial agreements and a much larger funding package.

Neometals has cleared a key regulatory hurdle for an A$2 million standby loan from a company controlled by former chairman David Reed. The facility provides near-term funding, but carries 10% interest, security over Barrambie-related assets and potential conversion into equity.

Vanadium Resources (ASX: VR8) has locked in a right of first refusal and exclusivity option over a prime brownfield site in South Africa’s Highveld Industrial Park for its planned V-Iron Plant, reinforcing its path towards feasibility and financing.

King River Resources has delivered compelling high-grade gold assay results from its Mindoolah Project, reinforcing a robust pipeline of drill-ready targets ahead of an October RC program.

Critical Minerals Group names COO Pat Kelly as interim CEO following Scott Winter's resignation to lead BTP. The company confirms its strategy and Lindfield Vanadium Project plans remain steady during the transition.

Anson Resources has confirmed a 2,500-metre extension of uranium-vanadium mineralization at its Yellow Cat Project in Utah, with assay results indicating proximity to high-grade zones. Phase 2 drilling and environmental surveys are underway to upgrade a historical resource to JORC 2012 standards.

Energy Fuels Inc. reported a transformative 2024 with a major acquisition boosting its heavy mineral sands assets, a uranium production ramp-up at key US mines, and commercial rare earth oxide output from its White Mesa Mill.

Audalia Resources plans a $450,000 share placement to advance its Medcalf project and bolster working capital, while continuing to explore further funding options for regulatory approvals.