2-3 Week Program Builds Upon Findings from the Geological Reconnaissance Program in Spring/2021 with a View Toward a Drill Program Based Upon Results Victory Resources Corp. is pleased to announce that the Company has launched an extensive geological sampling program on its recently acquired Smokey Lithium property in Esmeralda County, Nevada. Victory's team of 2 geologists has begun an extensive two-week sampling project [...]
Victory Resources Corp. is pleased to announce that its exploration team has completed a sampling program on the Company's Black Diablo property in Nevada. 72 soil samples and 22 rock samples were collected and submitted to ALS for analysis. The primary purpose of the sampling was to investigate whether the Black Diablo manganese oxide deposits are anomalous in Cu. This area is considered to be a favorable tract for [...]
Victory Resources Corp. is pleased to announce that its exploration team has completed its short hole drill program on the Loner Property in Nevada. As previously outlined, the drill program was designed to accomplish two goals. First, it was intended to better characterize the mineralization exposed in the known workings. Second, drilling was intended to evaluate the 200m to 300m wide zone of anomalous soils identified [...]
Victory Resources Corp. is pleased to announce it has completed a non-brokered private placement. The Company raised proceeds of $1,233,722 through the sale of 17,624,593 units at $0.070 per unit. The Company paid finders fees to qualified finders of $67,649.33 and issued 966,419 broker warrants, which are on the same terms as the warrants forming part of the units. Securities issued as a result of closing of the [...]
Victory Resources Corp. is pleased to announce it is undertaking a non-brokered private placement of up to $2,000,000 by the issuance of units at $0.07, each unit consisting of one common share and one warrant entitling the holder to subscribe for one additional common share at $0.10 for 2 years from the date of closing. The Company reserves the right to accelerate expiry date upon 30 days notice in the event the Common [...]
Victory Resources Corp. is pleased to announce that its exploration team, led by David Deering, VP of Exploration, has commenced its diamond drilling program on the Loner Property in Nevada as of April 6th. The program calls for 7 to 10 short diamond drill holes in the vicinity of the historical workings which exploited the Loner vein system. The aim of the program is to better characterize the known mineralized zones [...]
Victory Resources Corp. is pleased to announce that its exploration team, led by David Deering, VP of Exploration, have completed site preparations for the Company's short hole drill program on the Loner Property in Nevada, which the Company optioned from Silver Range Resources in December 2020. Minor road repairs and diamond drill site preparations have been completed at the Loner Property. The site is ready to start a [...]
Victory Resources Corp. is pleased to announce that the Company has appointed Mr. Mark Ireton, President and CEO, with former President Mr. David Lane continuing to serve as Company director; concurrently, Mr. Glen Harder has resigned from the Company's Board of Directors. Victory has added multiple properties to its portfolio, most recently announcing the Smokey Lithium, Black Diablo and Loner properties, all of which [...]
Victory Resources Corp. is pleased to announce that the Company has conducted a geological program on the newly acquired Smokey Lithium property. Victory has completed a 2-day reconnaissance sampling program on the Smokey Lithium Property. The program was carried out on March 19 and 20. The purpose of the program was to provide a preliminary assessment of the geology of the property, collect samples from select areas of [...]
Victory Resources Corporation is pleased to announce that the Company has recently staked the Black Diablo property in Nevada to complement the Company's interests in the Loner Property, which is in close proximity. "Victory geologists identified the Black Diablo opportunity when they were on the ground in Nevada preparing to drill the Loner property," said Mr. David Lane, Victory CEO. "We seized the opportunity to stake [...]
Victory Resources Corp. is pleased to announce that the Company's has acquired, in an arms-length transaction, the Smokey Lithium Project, located in Esmeralda County, Nevada, within Big Smokey Valley. The Smokey clay lithium project lies approximately 20 miles north of Clayton Valley, and 20 miles west of American Lithium's flagship lithium project. The property can be accessed just off a main highway and 2-track dirt [...]
Victory Resources Corp. is pleased to announce that it has issued a total of 1,645,000 options pursuant to its incentive stock option plan to management, employees and consultants. Each option entitles the holder to subscribe for one common share of the Company for $0.075 for a period of 5 years, subject to the terms of the Plan. Over the past quarter, 492,000 options have been cancelled. For further information, please [...]