Victory Metals: Posts high-grade REEs from North Stanmore, WA

Victory Metals Posts high-grade REEs from North Stanmore, WA

• Victory Metals (VTM) reports high-grade rare earth element (REE) results from aircore drilling at its North Stanmore project in Western Australia
• Latest results confirmed a ‘significant’ average total rare earth oxide (TREO) grade of 1001 parts per million (ppm) and a peak result of one metre at 5239 ppm TREO
• Victory Metals says aircore drilling has validated high-grade mineralisation at a “significant scale”, with the latest results being up to 6.25 kilometres north of the initial rare earth results
• A 5000-metre reverse circulation drilling program is set to begin to complete a mineral resource estimate for North Stanmore
• VTM shares are up 7.14 per cent to trade at 22.5 cents at 11:40 am AEDT