| 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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