Victory Metals Says Western Australia Project Drilling Returns Highest Total Rare Earth Oxide Grade to Date; Shares Jump 4%

MT Newswires Live

03/10

Victory Metals (ASX:VTM) said air-core drilling at the North Stanmore heavy rare earth elements-scandium-hafnium-gallium project in Western Australia returned the highest total rare earth oxide grade to date at the project, according to a Tuesday Australian bourse filing.

The company encountered an intercept of 5 meters at 3,312 parts per million (ppm) grade of total rare earth oxides from 15 meters, including 1 meter at 11,565 ppm grade of total rare earth oxides from 15 meters, the filing said.

Victory Metals' shares jumped nearly 4% in recent trading on Tuesday.

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