Victory Metals Announces Significant Mineral Resource Upgrade at North Stanmore Project

Victory Goldfields Limited ( (AU:VTM) ) has provided an update.

Victory Metals Ltd has announced a significant upgrade to its Mineral Resource Estimate at the North Stanmore Heavy Rare Earth Element Project, with a 29.5% increase in contained tonnage. This upgrade, achieved through a targeted drilling campaign, positions Victory as a leading low-cost producer in the Australian heavy rare earth market. The updated MRE will support ongoing funding discussions and the upcoming Prefeasibility Study, while the company remains committed to respecting heritage protocols and engaging with the Traditional Owners.

More about Victory Goldfields Limited

Victory Metals Ltd is a company operating in the heavy rare earth elements industry, focusing on low-cost production of elements like Dysprosium and Terbium. The company is positioned as a key player in the Australian market, particularly with its North Stanmore Heavy Rare Earth Element Project in Western Australia.

Average Trading Volume: 345,374

Technical Sentiment Signal: Hold

Current Market Cap: A$170.3M

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