Victory Goldfields (ASX:1VG) has commenced the company’s latest aircore drilling programme at the company’s 100% owned North Stanmore REE discovery in Western Australia.
Victory recently confirmed widespread REE mineralisation at the North Stanmore project and this drilling program is designed to further extend the mineralisation north to the company’s alkaline intrusion which are generally described as “engine rooms for rare earth elements and critical metals.”
“Exciting times ahead for Victory with the commencement of this major aircore drilling programme,” Executive Director Brendan Clark said.
“This next phase of drilling has been designed for the specific purpose of rare earth element exploration and will also be used to collect samples for metallurgical test works.
“Victory’s technical team is currently also interpreting the aerial magnetic data from the low flying aerial magnetic survey completed in August, with the information to be used to assist with the next phase of drilling at the alkaline intrusion and identify further drilling targets.”
For further information please visit: https://www.victorygoldfields.com.au/
