Victory Metals Boosts North Stanmore Rare Earths to 5.9% TREO via Flotation Breakthrough

An update from Victory Goldfields Limited ( (AU:VTM) ) is now available.

Victory Metals has reported first-pass flotation test results from its North Stanmore heavy rare earth project in Western Australia, showing that ore with a head grade of about 1,251 ppm TREO can be upgraded to a concentrate of up to 5.9% TREO while maintaining a favourable 38% HREO/TREO ratio. The tests indicate that the rare earths are hosted in well-liberated secondary phosphate minerals that respond strongly to conventional froth flotation, enabling the physical rejection of more than 95% of the ore mass early in the process.

These results suggest Victory can design a much smaller, lower-cost hydrometallurgical plant, around 5 tonnes per hour, significantly reducing anticipated capital and operating costs compared with initial engineering concepts. Management plans to incorporate the flotation outcome directly into the upcoming pre-feasibility study, positioning the company to offer one of the highest-grade reported heavy rare earth concentrates to downstream partners and potentially strengthening Western supply of critical elements such as dysprosium, terbium and yttrium.

The most recent analyst rating on (AU:VTM) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Victory Goldfields Limited stock, see the AU:VTM Stock Forecast page.

More about Victory Goldfields Limited

Victory Metals Limited is an Australian exploration and development company focused on rare earth elements, particularly heavy rare earths, at its 100%-owned North Stanmore project in Western Australia. The company aims to supply premium heavy rare earth concentrates, targeting faster, lower-cost routes to market through innovative beneficiation and flotation processing technologies.

Average Trading Volume: 247,409

Technical Sentiment Signal: Buy

Current Market Cap: A$178.6M

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