Victory Metals Ltd. has announced a landmark achievement at its North Stanmore Rare Earth Element (REE) Project, reporting a peak intersection of 11,565 parts per million (ppm) Total Rare Earth Oxides (TREO), its highest intersection to date.
The result solidifies the project’s status as one of the highest-grade clay-hosted heavy rare earth deposits globally.
The ultra-high-grade discovery is significantly higher than typical industry benchmarks for regolith clay systems, which generally range between 500 and 2,500 ppm TREO. This peak interval, characterised by a high ratio of Heavy Rare Earth Oxides (HREO), underscores the strategic importance of the Western Australian asset.
“Achieving a peak of over 11,500ppm TREO is truly world-class and places us among the elite globally, especially with our heavy rare earth ratios,” said Brendan Clark, CEO of Victory Metals.
“In a market desperate for secure, non-Chinese sources of heavy rare earths like dysprosium, terbium, and yttrium, North Stanmore stands out as a future supplier.”
The results stem from a December 2025 aircore drilling program consisting of 63 holes for 3,134 metres. Data from the program confirmed strong mineralogical control and continuity over a one-kilometre strike in the southwestern high-grade zone. The assays revealed that the majority of the samples are heavily enriched, with HREO/TREO ratios reaching up to 90 per cent.
Beyond the grades, the project benefits from several processing advantages, including shallow mineralisation, subhorizontal geometry, and low radioactivity. Metallurgical testing has already demonstrated rapid leach kinetics, which is vital for cost-effective production.
As Western jurisdictions seek to de-risk critical mineral supply chains, North Stanmore’s combination of high-grade heavy REEs and scandium positions Victory Metals as a key potential player in the global energy transition.
The company expects to report the final remaining assays in March as it advances the project toward production.
