Victory is focused upon the exploration and development of gold projects and has a portfolio of underexplored and contiguous tenements in the Cue goldfields of Western Australia.
Victory’s key assets include a portfolio of assets in the Cue goldfields of Western Australia comprising 50 tenements and a further five tenement applications. Cue is located in the midwest region of Western Australia, approximately 665 km from Perth, and the Cue goldfields are regarded as one of the most prestigious mining districts of Western Australia with a long and successful history of gold exploration and production.
46 granted tenements and 7 applications covering 73.88km²
Victory has systematically built a portfolio of assets in the Cue goldfields comprising 46 tenements with an area of approximately 7,520 ha, and a further seven tenement applications, being the Victory Tenements, with an area of approximately 1,060 ha.
Cue is located in the midwest region of Western Australia, approximately 665 km from Perth. The Cue goldfields are regarded as one of the most prestigious mining districts of Western Australia, with a long and successful history of gold exploration and production.
The Victory Tenements have only been sporadically explored in the past for a variety of reasons including drilling access restrictions, tenements with different owners unable to conduct holistic exploration programs, and a lack of resources for previous holders of the Victory Tenements.
As such, Victory will use modern techniques to compile a regional geophysical and geological framework for the Victory Tenements to highlight areas that are poorly or under explored in order to reveal new targets for exploration.
Furthermore, the Victory Tenements host 58 documented mineral occurrences including 52 historical gold mines. A significant number of these are located on or close to north to north easterly trending structures. With significant structures striking through the Victory Tenements, their prospectivity is considered very high.
The Murchison region surrounding the Cue goldfields has historically produced in excess of seven (7) Moz of gold. Substantial historic gold production has occurred near Cue at the gold mining centres of Big Bell and Cuddingwarra to the northwest of Cue, at Cue townsite and the Day Dawn group of mines immediately south-west of Cue, the Tuckanarra and Reedy gold mines to the north-east of Cue, and at Tuckabianna to the east of Cue.
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