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"Pursuit also holds exciting exploration tenements in Finland that have previously generated high-grade drill intercepts and have access to cheap power and infrastructure.
“I think when you look at what is going to happen with vanadium over the next decade, there will be a number of projects that come into production,” managing director Jeremy Read told *.
“The ones that have good grade in the ground, excellent vanadium grade, access to cheap power, good infrastructure and are ultimately close to markets – those are the factors that are going to determine which projects get into production and which ones do not.
“What we have in Sweden and Finland is access to all of those things.”

Pursuit’s (ASXUR) recent analysis of historical drill holes at Airijoki has confirmed extremely encouraging vanadium intersections of substantial thickness – up to 178 metres.
One drill hole delivered results of 178.3m at 1.33 per cent vanadium pentoxide (V2O5) (in magnetite concentrate) from 9m, including 31m at 1.4 per cent V2O5 from 18m and 16m at 2.03 per cent V2O5 from 171.3m.
Another hole 1km away returned a result of 10m at 2.01 per cent V2O5 (in magnetite concentrate) from 77.15m.