Victory Metals (ASX:VTM) has signed an agreement with the Wajarri Yamaji Aboriginal Corporation (WYAC) to support the granting of a mining license for its North Stanmore project in Western Australia, securing traditional owner consent and land access arrangements, according to a Wednesday Australian bourse filing.

The company said the agreement is a key step in the native title process to help secure a mining license grant for North Stanmore, advancing the project alongside the advancing pre-feasibility study and the previously disclosed $190 million Export-Import Bank letter of intent.