Velox Energy Expands Vanadium Project Targets

Currie Rose Resources (TSE:VLX) has released an update.

Velox Energy Materials Inc. announces a new exploration target within its North Queensland Vanadium Project in Australia, which could potentially hold between 144.30 and 216.46 million tonnes of vanadium pentoxide and molybdenum trioxide. The Runnymede target, covering an area of 4.3 km by 3.5 km, underscores the company’s ongoing efforts to capitalize on the growing market for vanadium redox flow batteries, essential for alternative energy solutions. While the quantity and grade of the minerals are still conceptual, further exploration may establish a significant mineral resource.

For further insights into TSE:VLX stock, check out TipRanks’ Stock Analysis page.