Announcement Date: 2022-12-20
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Victory Metals Ltd.
Project name: North Stanmore
Location: Australia
Commodities: Rare Earth
Highlight: Drilling results incl. 16m at 2155.00ppm REO, from 21m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Victory Metals Limited (ASX:VTM) (“Victory” or “the Company”) is pleased to report the latest assay results from the 118-hole AC drill program at the Company’s North Stanmore REE project with assays confirming a significant average Total Rare Earth Oxide (TREO) grade of 1035ppm with valuable Heavy Rare Earth Elements ratio of 34% and critical magnet metals NdPr + DyTb 20% of total REEs. The North Stanmore project is situated approximately 10km from the town of Cue, Western Australia and is bordered to the East by the Great Northern Highway
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