The Geological Survey of Western Australia (GSWA) has dubbed Victory Metals’ recent ionic clay heavy rare earth and scandium discovery “world-class”.
The discovery was made near the North Stanmore alkaline intrusion north of Cue, Western Australia. Ionic clay deposits, such as those found at the North Stanmore Project, are increasingly recognised for their high potential, and Western Australia is emerging as a promising region for these critical resources.
The North Stanmore Project has yielded a significant ionic clay deposit rich in heavy rare earth elements (HREE), which are essential to producing technologies for a clean energy transition.
In addition to rare earths, the project has revealed substantial scandium resources, which are crucial in developing lightweight and durable aluminium alloys used in automotive, aerospace, defence and other high-tech industries.
Technical Director and renowned geoscientist, Professor Ken Collarson, was recently hosted by GSWA to present a technical overview and share his insights on the scandium discovery at the North Stanmore Project.
Victory Metals’ relationship with GSWA highlights the importance of collaboration between industry and government in promoting Western Australia as a premier destination for exploration investment.
Victory Metals’ CEO, Brendan Clark, said the company is honoured by the GSWA’s recognition of the clay-hosted heavy rare earth project as world-class.
“This endorsement underscores the significance of our discovery and highlights our commitment to advancing innovation in the rare earths sector. Our team remains dedicated to harnessing the full potential of this groundbreaking project, which we believe will play a crucial role in the future of sustainable technology and resource development.”
Featured image: Björn Wylezich/stock.adobe.com
