V2O5

Consolidated Uranium Completes Initial Phase of Drilling at Tony M Mine

Retrieved on: 
Tuesday, October 10, 2023

TORONTO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased announce the completion of the initial phase of drilling at its 100%-owned Tony M Uranium Mine (“Tony M”) in southeastern Utah, as previously announced in a news release dated June 28, 2023 .

Key Points: 
  • TORONTO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased announce the completion of the initial phase of drilling at its 100%-owned Tony M Uranium Mine (“Tony M”) in southeastern Utah, as previously announced in a news release dated June 28, 2023 .
  • The Company has completed 21 of the up to 59 proposed combined conventional rotary and core holes, for approximately 16,240 feet of drilling (Figure 1).
  • The drill core recovered from this phase of drilling has been split, logged, and sampled, and the samples have been submitted to American Assay Labs in Reno for analytical determination of uranium and vanadium concentrations.
  • Results obtained from the first phase of 2023 drilling will be utilized to prioritize additional drilling at the project and are expected to guide technical studies including a Preliminary Economic Assessment.

NORGE MINING PLC (“Norge Mining” or the “Company”): JORC Resource at Skeipstad Confirms High Grade Vanadium and Titanium

Retrieved on: 
Monday, October 9, 2023

Magnetite (Fe3O4) has, however, been reported for the first time in the latest 2023 resource as testwork has indicated this does have the potential to be recovered.

Key Points: 
  • Magnetite (Fe3O4) has, however, been reported for the first time in the latest 2023 resource as testwork has indicated this does have the potential to be recovered.
  • After the roast/leach test work the vanadium in solution was purified and calcined to produce commercial grade vanadium pentoxide.
  • The overall recovery of vanadium as vanadium pentoxide achieved in this testwork from the magnetite concentrate to (calcined) vanadium pentoxide was in the range of 72% to 80%.
  • This geology has resulted in particularly high grades of vanadium and titanium, the quality of which brings the potential for economic extraction by a combination of open pit and underground mining.

Consolidated Uranium Commences Drilling and Reopening of the Underground at the Tony M Mine

Retrieved on: 
Wednesday, June 28, 2023

TORONTO, June 28, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased to announce the commencement of comprehensive work programs at CUR’s 100%-owned Tony M Mine (“Tony M”) in southeastern Utah.

Key Points: 
  • TORONTO, June 28, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased to announce the commencement of comprehensive work programs at CUR’s 100%-owned Tony M Mine (“Tony M”) in southeastern Utah.
  • Reopening of the Underground for Sampling and Mine Preparation – Once the Tony M portal has been opened, an extensive sampling program is expected to be undertaken for both uranium and vanadium.
  • CUR remains one of the few junior uranium companies actively advancing its projects through drilling and pre-development activities.
  • In addition to drilling, the Company is working towards re-opening of Tony M for an underground sampling program.

Consolidated Uranium to Acquire the Past Producing Huemul Uranium-Vanadium-Copper Project in Argentina

Retrieved on: 
Wednesday, June 14, 2023

Leverages Existing In-Country Expertise – The CUR team in Argentina boasts decades of experience operating in the country exploring for and developing various commodities, including uranium.

Key Points: 
  • Leverages Existing In-Country Expertise – The CUR team in Argentina boasts decades of experience operating in the country exploring for and developing various commodities, including uranium.
  • In addition, the target geological sequence is present and mineralized at surface over large areas across the project.
  • The Huemul Project, with its history of uranium mining and large, consolidated land package positions CUR to be one of the leading Uranium explorer-developers in Argentina's Neuquén basin, which could rival the large historic Uranium producing basins located in the western U.S. and Kazakhstan.
  • The Huemul Project is an early-stage exploration project located in the southern part of Mendoza Province, Argentina.

U.S. Vanadium's New $5.8 Million Upgrade Improves Vanadium Recovery, Increases Recycling, and Supports Continued Production Rates for Ultra-High-Purity Electrolyte for Vanadium Redox Flow Batteries

Retrieved on: 
Tuesday, September 20, 2022

USV's recycling of waste streams also allows it to produce vanadium products with a much smaller carbon footprint than primary vanadium mining operations.

Key Points: 
  • USV's recycling of waste streams also allows it to produce vanadium products with a much smaller carbon footprint than primary vanadium mining operations.
  • The plant's new Belt Filter system allows for increased vanadium recovery and boosts production of high-value vanadium products.
  • The new electrolyte production facility is adjacent to the vanadium oxide production facilities and puts US Vanadium in the unique position of controlling the entire supply chain for ultra-high-purity vanadium electrolyte.
  • US Vanadium also supplies high-purity vanadium oxides and downstream vanadium chemicals to various chemical and catalyst production applications.

Global Demand For Vanadium Is Expected To Grow at an Increased Paced

Retrieved on: 
Thursday, April 7, 2022

PALM BEACH, Florida, April 7, 2022 /PRNewswire/ -- In 2020, the vanadium market had to navigate the uncertainty that COVID-19 brought to every sector of the economy. Commenting on how prices performed during the first six months of 2021, Willis Thomas of CRU Group told the Investing News Network (INN) that prices came on quite strongly in Q2. "The pandemic recovery in the world ex-China drove new demand growth, while Chinese demand remained strong," he said. The steel sector continued to be the main driver of vanadium this year, and throughout the first half of 2021 demand from the rest of the world continued to catch up with China.  Now, as 2022 kicks off, global demand for vanadium is expected to grow.  He added: "There is limited demand downside, as either growth is expected to slow (steel, chemicals) or increase in pace (aerospace, batteries) as all main demand categories are poised for some growth," Thomas said.  "For the aerospace/titanium segment, aircraft inventory is moving again and the supply chain is starting to pull in more vanadium," Thomas said, adding that CRU is looking for demand increases for 2022 over 2021 figures. "This sector is lagging from pandemic recovery by about one year to 18 months."    Active companies in the markets today include:  BASIN URANIUM CORP. (OTCPK: BURCF) (CSE: NCLR), Uranium Energy Corp (NYSE: UEC), NexGen Energy Ltd. (NYSE: NXE) (TSX: NXE), Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Skyharbour Resources Ltd.'s (OTCQB: SYHBF) (TSXV: SYH).

Key Points: 
  • "The pandemic recovery in the world ex-China drove new demand growth, while Chinese demand remained strong," he said.
  • Now, as 2022 kicks off, global demand for vanadium is expected to grow.
  • Another segment that continues to grab attention from investors is the battery space, as vanadium is a key metal used in vanadium redox batteries.
  • In 2022, CRU expects demand for batteries to be up significantly in China and moderately in the rest of the world.

Global Demand For Vanadium Is Expected To Grow at an Increased Paced

Retrieved on: 
Thursday, April 7, 2022

PALM BEACH, Florida, April 7, 2022 /PRNewswire/ -- In 2020, the vanadium market had to navigate the uncertainty that COVID-19 brought to every sector of the economy. Commenting on how prices performed during the first six months of 2021, Willis Thomas of CRU Group told the Investing News Network (INN) that prices came on quite strongly in Q2. "The pandemic recovery in the world ex-China drove new demand growth, while Chinese demand remained strong," he said. The steel sector continued to be the main driver of vanadium this year, and throughout the first half of 2021 demand from the rest of the world continued to catch up with China.  Now, as 2022 kicks off, global demand for vanadium is expected to grow.  He added: "There is limited demand downside, as either growth is expected to slow (steel, chemicals) or increase in pace (aerospace, batteries) as all main demand categories are poised for some growth," Thomas said.  "For the aerospace/titanium segment, aircraft inventory is moving again and the supply chain is starting to pull in more vanadium," Thomas said, adding that CRU is looking for demand increases for 2022 over 2021 figures. "This sector is lagging from pandemic recovery by about one year to 18 months."    Active companies in the markets today include:  BASIN URANIUM CORP. (OTCPK: BURCF) (CSE: NCLR), Uranium Energy Corp (NYSE: UEC), NexGen Energy Ltd. (NYSE: NXE) (TSX: NXE), Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Skyharbour Resources Ltd.'s (OTCQB: SYHBF) (TSXV: SYH).

Key Points: 
  • "The pandemic recovery in the world ex-China drove new demand growth, while Chinese demand remained strong," he said.
  • Now, as 2022 kicks off, global demand for vanadium is expected to grow.
  • Another segment that continues to grab attention from investors is the battery space, as vanadium is a key metal used in vanadium redox batteries.
  • In 2022, CRU expects demand for batteries to be up significantly in China and moderately in the rest of the world.

Largo Reports Fourth Quarter and Full Year 2021 Operational Results; Sales Exceeds Lower End of Guidance Despite Rain-Related Production Disruption in November-December; Provides 2022 Guidance

Retrieved on: 
Monday, January 17, 2022

Largos VCHARGE batteries are uniquely capable of supporting reliability and grid stability as electricity systems move away from fossil-fuel generation.

Key Points: 
  • Largos VCHARGE batteries are uniquely capable of supporting reliability and grid stability as electricity systems move away from fossil-fuel generation.
  • Largos common shares trade on the Nasdaq Stock Market and on the Toronto Stock Exchange under the symbol "LGO".
  • All information contained in this news release, other than statements of current and historical fact, is forward looking information.
  • Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made.