Victory Goldfields Limited (AU:VTM) has released an update.
Victory Goldfields Limited has confirmed the largest indicated heavy rare earth element (HREE) resource in Australia at their North Stanmore project, with a significant 149Mt of the updated 235Mt mineral resource estimate falling into this category. The company is poised to become a key supplier of these critical materials for the energy, defence, and aerospace industries, leveraging its notable location and high-value by-products, including Hafnium. With a strategic location in Western Australia’s Mid-West region and a substantial portion of its tenement area unexplored, Victory Goldfields also sees potential for further resource expansion and efficient production.
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