VTM 0.00% 33.0¢ victory metals limited

Ann: Latest Assays Strengthen Victorys REE Discovery, page-61

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  1. 6,504 Posts.
    lightbulb Created with Sketch. 176
    Very impressive results from both REE and Gold and the market hasn't woken up to what this has.
    From IPO and still trading in that range.
    VTM is a giant waiting to stand up and be recognized.
    Market is asleep here.
    Just on gold results alone, (and it's well on the climb) adds value on current SP, let alone the very impressive REE results.
    More results imminent.
    SP could easily climb to the $1 club

    SOI 52 mil
    MC $10 mil
    COH $3 mil from last Q

    DYOR and see why this is so undervalued.

    20 Dec 2022
    LATEST ASSAYS STRENGTHEN VICTORYS REE DISCOVERY
    Highlights
    • A further 42 AC holes report significant Rare Earth Element (REE) clay-hosted mineralisation
    across North Stanmore with grades from the latest assays ranging up to 4974ppm
    (NSTAC131) which included HREO/TREO ratio of 45% and NdPr + DyTb at 25.6% of total
    REE’s
    • Latest assays confirm continuation of (REE) mineralisation and extraordinary ratios of
    valuable Heavy Rare Earth Elements average of 34% and critical magnet metals NdPr +
    DyTb are 20% of total REE’s
    • Excellent continuity across mineralised zones and open in all directions
    • Highest grade at North Stanmore 9746ppm (TREO)1
    • Outstanding average grade of 1035ppm (TREO) from assays received to date from samples
    with a cut-off greater than 500ppm TREYO
    • Notable intersections from North Stanmore including latest assays results:
    o 32m at 1047ppm TREO from 36m (NSTAC004) including,
    • 12m at 2038ppm TREO, and
    • 8m at 2467ppm TREO from 48m
    o 16m at 2155ppm TREO from 21m (NSTAC032) including,
    • 6m at 4683ppm TREO, and
    • 2m at 9681ppm TREO
    o 12m at 1316ppm TREO from 24m (MAFAC019)
    o 10m at 982ppm TREO from 10m (NSTAC097)
    o 9m at 1151ppm TREO from 21m (NSTAC098)
    o 7m at 1106ppm TREO from 54m (NSTAC129)
    o 5m at 2050ppm TREO from 51m (NSTAC131)
    • Assays continue to confirm high grade Scandium (Sc2O3) up to 123ppm with Scandium being
    essential for manufacturing Al-Sc alloys in fighter jets and hydrogen fuel cells

    ******• 9,593m of further AC drilling now complete with assays pending *****

    May 2022
    EXCEPTIONAL DRILLING RESULTS
    UP TO 54.3g/t GOLD INTERCEPTED AT COODARDY
    JORC MINERAL RESOURCE ESTIMATE WORK COMMENCED
    Highlights:
    ● 1m fire assay samples have been received and Coodardy 3D model
    and initial JORC 2012 mineral resource estimate (“MRE”) work has now
    commenced
    ● The MRE follows high grade shallow gold intersections across 300 metres
    from an RC drilling program at the Coodardy project1. Outstanding fire
    assay results include:
    ■ 5m @ 15.2 g/t Au from 37-42m including 1m @ 54.3 g/t Au
    from 38m in 21CORC012
    ■ 5m @ 8.75 g/t Au from 16-21m including 1m @ 33.4 g/t Au
    from 16m in 21CORC08
    ■ 5m @ 7.86 g/t Au from 25-30m including 1m @ 30.8 g/t Au
    from 28m in 21CORC09
    ■ 4m @ 3.52 g/t Au from 24-28m in 21CORC02
    ■ 7m @ 1.4 g/t Au from 22-29m in 21CORC05
    ● Mineralisation open with 600m RC drilling program to commence this
    month to search for an adjacent near surface supergene enriched
    orebody
 
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