Vancouver, British Columbia – Feb. 25, 2026
VanadiumCorp Resource Inc. (TSX-V: VRB | FSE: NWNA | OTC: VRBFF) is excited to announce an update regarding its ongoing evaluation of the Lac Laura Property located in Lévy Township near Chapais, Québec.
Following the news release from October 20, 2025, the company is moving forward with the selection of independent qualified geological and engineering consultants. This initiative aims to prepare a technical report for the Lac Laura Property in compliance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and Form 43-101F1.
VanadiumCorp plans to adopt a staged, gated technical approach for the Lac Laura Property. This method will emphasize thorough data compilation and geological interpretation prior to initiating any potential field-based exploration programs.
Phases of Evaluation
Once consultants are selected, the initial NI 43-101 technical work will consist of the following:
- Phase 1 – Data Compilation and Verification: This phase involves compiling and reviewing historical and recent datasets, including geophysical surveys and drilling records. The quality of the data will be assessed, and verification procedures consistent with NI 43-101 will be implemented.
- Phase 2 – Integrated Geological and Geophysical Reinterpretation: The focus will be on the reinterpretation of geophysical datasets, combined with geological data, to create a three-dimensional geological model and identify areas for further investigation.
- Phase 3 – Target Validation (If Warranted): If earlier phases support it, limited site visits may be conducted to assess priority areas.
- Phase 4 – Targeted Exploration (Subject to Results): Only if previous phases indicate clearly defined areas of interest will targeted exploration programs be considered, contingent on financing and approvals.
The initial NI 43-101 technical report will detail the findings from Phases 1 and 2 and provide independent recommendations for future steps. However, the company does not expect to include mineral resource or reserve estimates unless adequate work is completed to meet NI 43-101 standards.
The Lac Laura Property remains at the exploration stage and does not currently host any compliant mineral resources or reserves. Historical information will not be treated as current resources until verified. Progress on the project is contingent upon technical evaluation, financing, permitting, and market conditions.
This staged approach aligns with VanadiumCorp’s broader asset optimization strategy, where non-core assets undergo evaluation through capital-disciplined methodologies to minimize financial exposure. The company’s primary focus continues to be the advancement of its vanadium-iron-titanium (“VTM”) projects and vanadium electrolyte initiatives, which support the vanadium redox flow battery (“VRFB”) markets.
The scientific and technical information in this update has been reviewed by André Gauthier, P.Geo., a Qualified Person under NI 43-101 and a director of the company. While the company has relied on historical data from previous operators, a Qualified Person has yet to verify all historical exploration data. The verification of key datasets will be part of the Phase 1 data compilation process.
VanadiumCorp Resource Inc. is dedicated to developing vanadium-based materials for energy storage and steel markets, with a focus on producing high-purity vanadium electrolyte for VRFBs. The company’s principal assets include the Lac Doré Vanadium-Iron-Titanium Project near Chibougamau, Québec, and the Iron-T Project. VanadiumCorp seeks to establish itself as a reliable, low-cost supplier of vanadium electrolyte, supporting the global deployment of VRFB technology across various sectors.
For more information, visit the company’s website or email info@vanadiumcorp.com.