en.Wedoany.com Reported - Victory Metals, an ASX-listed heavy rare earth explorer, has signed an agreement with the Wajarri Yamaji Aboriginal Corporation, which will facilitate the mining license application process for the North Stanmore project in Western Australia.

The Wajarri Yamaji People are the traditional owners and native title holders of a vast and significant area in the Mid West region of Western Australia, covering the Murchison and Gascoyne regions, including the site of the North Stanmore project.

Victory Metals stated that the agreement clarifies the consent and mutual commitment of both parties in advancing work on the North Stanmore tenement package. This is a critical step in the native title process, helping to pave the way for the granting of a mining license for the project.

The company added that the signing of the agreement reflects the ongoing constructive relationship between Victory Metals and the Wajarri Yamaji People, as well as the company's commitment to engaging with traditional owners in a respectful and responsible manner as it advances the development of the North Stanmore project.

Victory Metals is currently progressing a pre-feasibility study for the project. The latest mineral resource estimate for the project totals 320 million tonnes at a grade of 38% total rare earth oxides, including heavy rare earths scandium, hafnium, and gallium.

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