tiprankstipranks
Victory Metals Expands Rare Earths Potential in Australia
Company Announcements

Victory Metals Expands Rare Earths Potential in Australia

Victory Goldfields Limited (AU:VTM) has released an update.

Don't Miss our Black Friday Offers:

Victory Metals Limited has successfully completed a drilling program at its North Stanmore Heavy Rare Earth Elements Project in Western Australia, confirming high-grade mineralization over a 13.5km strike. The results bolster the project’s potential as a significant global supplier of ethically sourced heavy rare earths, with an updated Mineral Resource Estimate expected to enhance the project’s economics and mine life. The company aims to complete a scoping study by early 2025, positioning itself to meet rising global demand in the energy, technology, and defense sectors.

For further insights into AU:VTM stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App