Victory Metals (ASX:VTM) reported "exceptional" metallurgical leaching test results from its flotation concentrate at its North Stanmore Heavy Rare Earth Project in Western Australia, confirming that the project can move toward production using off-the-shelf processing technology, according to a Wednesday Australian bourse filing.
Leaching delivered an over 70% extraction of dysprosium, terbium, and yttrium in standard agitated leach tank conditions, the company said.
The company's shares jumped 8% in recent trading on Wednesday.