Victory Metals Secures $190M Funding to Accelerate Gold Exploration in Cue Goldfields

Victory Metals Limited is proud to announce the successful raising of $190,000,000, a significant milestone that will propel the company’s ambitious growth strategy in the renowned Cue goldfields of Western Australia. This accomplishment underscores the market’s confidence in Victory Metals’ disciplined approach to exploration and resource development in one of the region’s most prestigious mining districts. With a robust portfolio that includes forty-six tenements and an additional nine tenement applications, Victory Metals has strategically positioned itself to capitalize on the long-standing history of gold exploration and production in Cue, an area celebrated for its rich mineral wealth and historical significance. The funds will be dedicated to advancing the company’s exploration programs and supporting the development of Joint Ore Reserve Committee 2012 (JORC) compliant mineral resources and ore reserves across its contiguous tenement holdings. Moreover, this investment enables Victory Metals to potentially acquire new gold exploration opportunities, either through joint ventures or additional tenement acquisitions, further strengthening its market position within the mid-west region. By leveraging its extensive land position and adopting best practices in exploration, the company aims to not only increase its resource base but also to drive sustainable value creation for its shareholders. This funding round marks an exciting chapter for Victory Metals Limited, reflecting both its proven track record and forward-looking strategy in an industry that continues to capture the global spotlight. As the company embarks on this next phase of development, stakeholders can anticipate a period of rigorous exploration, strategic acquisition, and operational excellence that will contribute to cementing Victory Metals’ reputation as a leader in the gold mining sector.