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Victory Metals Says Analysis Showed Secondary Rare Earth Phosphate Groups at Western Australia Project

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Victory Metals (ASX:VTM) said the Tescan integrated mineral analyzer characterization of mineral concentrate produced from its North Stanmore heavy rare earth project in Western Australia classified 5.9 mass percent of the analyzed concentrate as secondary rare earth phosphate groups, according to a Thursday Australian bourse filing.

Indicative deportment results showed that these secondary phosphate groups hosted the heavy rare earth elements dysprosium and terbium, as well as the magnet rare earth elements neodymium and praseodymium.

The study was carried out by ALS Metallurgy on a mineral concentrate produced using a composite of 33 samples from 18 drill hole locations, the company said.

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