Victory Metals Limited is an Australia-based mineral exploration company focused on the exploration and development of its North Stanmore Rare Earth Element (REE) Project in the Cue region. Its key assets include a portfolio of assets located in the Midwest region of Western Australia, approximately 665 kilometers (km) from Perth. Its North Stanmore Ionic Clay REE Discovery is situated within the Company’s 100% owned exploration license E20/871 and is situated in close proximity to the Cue township and is bordered by the Great Northern Highway on its eastern boundary. The bullseye magnetic anomaly is situated within the North Stanmore exploration license E20/871 which is 100% owned by the Company. Its projects also include Victory Buttercup, Coodardy Project, Emily Wells Project, Eagle Hawk Project, Klondyke Project, Young Australia Project, Nemesis (Tuckanarra) Project, Mafeking, Monte Carlo and Lady Godiva Project, among others.