Victory Resources Corp. is pleased to announce that the Company is set to initiate its recently permitted 500m short hole drill program on the Loner Property in Nevada. Victory Resources is currently mobilizing its crew and equipment to the Loner Property to begin a 500m drill program. The geologist will be on site spotting holes and surveying sections beginning March 10th. It is expected the drill will be readied for [...]
Victory Resources Corp. is pleased to announce it has completed its previously announced non-brokered private placement. The Company raised proceeds of $622,800 through the sale of 8,304,001 units. The Company paid finders fees to qualified finders of $28,464 and issued 379,520 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 Financing [...]
Victory Resources Corp. recently added additional funding to its coffers, which will be used, in part, to begin its first drilling program on the Loner Property in Nevada. It's a property that the company only recently optioned from Silver Range Resources in late December, and since optioning the property, Victory Resources has moved quickly to take full advantage of its exploration opportunities there with a carefully [...]
Company Advances Toward 500m Short-Hole Drill Program Victory Resources Corp. is pleased to announce that the Bureau of Land Management , Nevada State Office has received and approved surface reclamation bond NVN100216 for the Loner Property Project, located in North Central Nevada, permitting the Company's 500m short hole drill program. "The first pass drilling program at Loner Property is intended to confirm [...]
Victory Resources Corp. is pleased to provide an update on its progress with its Mal-Wen property in BC. Victory has applied for a permit to carry out an IP survey followed by a 1000+ m drill program. Victory is exploring for an alkalic porphyry deposit on its Mal-Wen property about 30 km southeast of Merritt. The application covers the area of a magnetic domain bounding lineament interpreted by Victory to be a [...]
Victory Resources Corp. is providing an update on the advancement of the Company's overall strategy and operational plan in Nevada. Victory Resources Nevada Highlights Victory secures year-round Loner property in Nevada Company has put in place drilling operation for 500m short hole drill program pending permitting Permit process has advanced to final stages with posting of bond with Bureau of Land Management Nevada [...]
Victory Resources Corp. is pleased to announce that the Company's permit application process has advanced and that the Company has received an "Acknowledgement of Receipt of Exploration Notice and Reclamation Cost Estimate" from the Bureau of Land Management , Winnemucca District Office. In response to the acknowledgement letter the Company has submitted the required payment guarantee for the bond to secure the permit to [...]
Mal-Wen Program in Late 2020 Allows for Development of Exploration Model Victory Resources Corp. is pleased to provide an exploration update with an in-depth project summary on the Company's Mal-Wen project, located in south-central British Columbia, within the eastern belt of the Nicola Group. "Recent work on the Mal-Wen property has led to the development of an exploration model in which the Mal and Wen Prospects are [...]
Victory Resources Corp. is pleased to announce that Victory has finalized its planned drill program and signed a contract for the work to begin upon finalization of permit. The planned program is for 7 to 10 diamond drill holes totalling 500m. The drilling is to accomplish two goals. Firstly, it is intended to better characterize the mineralization exposed in the known workings, which are mostly inaccessible. Secondly [...]
Victory Resources Corporation is pleased to announce a non-brokered private placement of up to $500,000 by the issuance of units at $0.075, each unit consisting of one common share and one warrant entitling the holder to subscribe for one additional common share at $0.08 for 2 years, subject to the right of the Company to accelerate expiry of the warrants in the event that its shares trade at $0.15 for a period of 10 [...]
Victory Resources Corporation is pleased to announce that it has extended the expiry date of an aggregate of 4,210,000 previously issued warrants for an additional 1 year. The Warrants were originally issued January 29, 2019, with an original expiry date of January 29, 2021. The 4,210,000 Warrants entitle the holder to purchase a common share of the Company at an exercise price of $0.375. The exercise price of the [...]
Victory Resources Corporation is pleased to announce that the Company's project geologist and driller have conducted their reconnaissance toward the Company's anticipated 500m short hole drill program on the Company's recently optioned Loner Property in Nevada as previously announced, permit depending. The project geologist and the driller did a reconnaissance of the Loner site on January 12th and determined that the [...]
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