Victory Metals: Confirms 34sqkm rare earth element footprint at North Stanmore, WA

Victory Metals Confirms 34sqkm rare earth element footprint at North Stanmore, WA

• Victory Metals (VTM) confirms a 34-square-kilometre rare earth element (REE) footprint at its North Stanmore project in Western Australia
• The company reports the final batch of assays from aircore drilling in the project area and says mineralisation remains open in all directions
• The assays have an average grade of 992 parts per million (ppm) total rare earth oxides (TREO), with the highest grades reaching 10,829 ppm TREO
• With its aircore program now complete, VTM plans to release a maiden REE mineral resource estimate for North Stanmore before the end of June
• VTM shares are down 4.76 per cent and trading at 20 cents at 2:36 pm AEDT