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Victory Metals Limited (ASX:VTM)

ALERT: Price-sensitive ASX Announcement for VTM
Current share price for VTM : $1.440 -0.235 (-14.03%)+
Announcement
Release
4 May 2026 9:12AM
Price at Release
$1.675
Full Release
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Summary
Victory Metals Limited's recent prefeasibility study for the North Stanmore project highlights significant process optimizations, including a 50% reduction in flotation reagent costs and the elimination of costly heating systems due to successful ambient temperature operations. The study underscores a cost-effective approach to tailings management and outlines environmental strategies for waste management. The project's location in Western Australia's Murchison Province is historically significant for mining, providing a suitable backdrop for these advances.
Key Points
  • Victory Metals Limited has optimized their flotation testwork by using an alternative reagent, reducing costs by approximately 50%.
  • The testwork confirmed that the flotation circuit can operate effectively at ambient temperature, eliminating the need for heating systems.
  • Tailings management for the North Stanmore project shows promising results with cost-effective dry stacking methods.
  • Environmental considerations include the stockpiling of waste and returning tailings to mined pits.
  • Victory Metals Limited's tenements are located in the Murchison Province of Western Australia, rich in mining history.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.