June 28, 2022
- Victory’s Exploration Team is engaged in a comprehensive effort to d to delineate and extend significant lithium mineralizationon its Smokey Lithium Property
- In response to drilling results, the Company has completed an extensive ground sampling program aimed at helping to develop a clear picture of the best potential drill locations for its next round of drilling
- Based on results from its overall efforts, the Company anticipates a beneficial revision to its drilling application with the relocation of several holes, which will be an expedited process once undertaken
VANCOUVER, BC, CANADA (June 28th, 2022) – Victory Resources Corporation (CSE: VR) (FWB: VR61) (OTC: VRCFF) (“Victory” or the “Company”) is pleased to announce that the Company’s exploration team has completed an extensive ground sampling program, building upon favourable drill results, aimed at guiding prime drill locations for its next round of drilling on the Company’s Smokey Lithium Property in Nevada.
The ground sampling program focused on sampling the Esmeralda Formation on and throughout the surrounding grounds of the Smokey Lithium property and has led to the Company locating a zone of higher values to the south and southwest. Mapping was done to locate controls on lithium clay deposition and locate clay beds, which have informed additional staking to protect the interests of Company.
“We are continuing our exploration efforts at the property through a combination of surface sampling, geologic mapping and geologic modeling all aimed at providing additional drill targets,” said Victory President and CEO, Mr. Mark Ireton. “Victory is focused on expanding the footprint of the subsurface claystone hosted lithium mineralization in its maiden drill program and our exploration team is actively working the property and environs to do so.”