Victory Goldfields Limited ( (AU:VTM) ) has provided an update.
Victory Metals has announced a new exploration target and a resource definition drilling program at its North Stanmore Project in Western Australia. The new target highlights potential growth in mineral resources, with drilling set to commence in March 2025. This initiative is part of Victory’s strategy to strengthen its position as a future supplier of rare earth elements and critical minerals, amid growing global demand for these resources.
More about Victory Goldfields Limited
Victory Metals is a company in the mining industry, focusing on rare earth elements, scandium, and hafnium. They are working on establishing one of the world’s largest clay-hosted projects for these minerals at their North Stanmore Project in Western Australia.
YTD Price Performance: 3.70%
Average Trading Volume: 140,089
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$45.57M
Learn more about VTM stock on TipRanks’ Stock Analysis page.