Day traders' hoorah-it's-the-weekend lounge January 13 - 15, page-62

VTM
Victory Metals Ltd

Put on your list for this week.

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

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