Pursuit Minerals Limited has achieved significant increases in vanadium recovery rates and delivered further improvements in potential economic returns at the high grade Airijoki project in northern Sweden. The improvements were achieved through metallurgical test work conducted on three holes from Airijoki, which focussed on methods to increase the mass recovery of the vanadium magnetite concentrate and lift the overall recovery of vanadium. The metallurgical test work was able to increase the average mass recovery to 22% from an initial 13.3% - an overall increase of 65%. The average recovery of vanadium into a vanadium magnetite concentrate is in excess of 70%. These substantial improvements were achieved through use of Low Intensity Magnetic Separation (LIMS) and using a coarser 355 micron grind size, instead of the previous 106 micron grind size, and without the need for additional WHIMS processing. Pursuit Minerals Managing Director Jeremy Read said the results were incredibly encouraging and would substantially improve the economics of what was already a potentially financially robust project at Airijoki.