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Located in northwestern Victoria—approximately 280km northwest of Melbourne and 20km southwest of Swan Hill—the Nowie Project lies just 22km north of Goschen. The site hosts notable accumulations of zircon, titanium minerals and rare earth elements, all essential for clean energy, technology, and advanced manufacturing industries.
In January 2024, VHM confirmed a maiden Inferred Mineral Resource of 16.4 million tonnes at 3.8% Total Heavy Mineral (THM), in accordance with JORC 2012 (see ASX release: Quarterly Activities Report – 31 December 2023).
Drilling results released in August 2023 also indicate the presence of a new high-grade ore body, further reinforcing the project’s long-term potential (see ASX release: Drilling Results Indicate New High-grade Ore Body at Nowie).
The Nowie discovery extends VHM’s critical minerals footprint across a 55+ kilometre corridor—from Cannie in the south, through Goschen, to Nowie in the north—confirming the emergence of a major resource province in Victoria.
Follow the progress. See how we’re moving from approvals to action.
Dear Shareholders, As we wrap up the 2024/2025 financial year, it’s the fitting time to reflect on the significant progress VHM has made in advancing the Goschen Project in Victoria....
The Resources Victoria regulator has approved the mining licence, which follows a thorough assessment of VHM’s application by the Earth Resources Regulator and the completion of an Environmental Effects Statement...
VHM is another step closer towards pressing the go button on its flagship Goschen rare earths and mineral sands project in northwest Victoria after being awarded the mining licence. This...