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Victory Metals (ASX:VTM) has announced it will kick off a 5,000m aircore drill run in September, intended to boost the heavy rare earth element (HREE) resource for its North Stanmore project – news that’s seen shares dip more than -8% to 37cps. Drilling will target an area that comes close to matching the scale of that already contained in the existing Stanmore mineral resource estimate (MRE). Victory sees “significant growth potential.” The company stated on Friday 92% of the overall North Stanmore tenement area remains unexplored, underscoring why drillers are eager to see what else is aroun…

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