Victory Goldfields Limited (AU:VTM) has released an update.
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Victory Goldfields Limited reports a significant update to its mineral resources, with a 235Mt Mineral Resource Estimate at its North Stanmore Heavy Rare Earth Elements Project, 63% of which is in the indicated category. The company highlights a high-grade domain supporting a swift development strategy to meet growing HREE demand and reports a strong financial position with $4.45M in cash after a recent $1.5M placement.
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