COMPANY PLANS 500m SHORT-Victory Resources Corp. is pleased to announce that it has filed a "Notice of Operations" toward permitting for a 500m short hole drill program on the Company's recently optioned Loner Property in Nevada, schedule to begin in late January, permit depending. "The first pass drilling program at Loner Property is intended to confirm intersections of gold-bearing quartz vein that correlates with [...]
Victory Resources is pleased to announce that it has optioned the Loner Property in Nevada, USA, from Silver Range Resources. The Loner Property is located 35 km south of Winnemucca in the southern Sonoma Range and currently consists of 16 Federal Lode Claims covering historic workings and exposed low-sulphidation gold mineralization. Bedrock grab sampling to date has returned up to 16.6 g.t Au and chip sampling in old [...]
Victory Resources is pleased to announce the appointment of Mr. David Deering, B.Sc. degree in Mining Engineering, to its Board of Directors and to the role of VP Exploration. "We are excited to welcome David to the Victory team, his experience and leadership are necessary as the Company is advancing on its current exploration plans with structured work programs in the future," said Victory CEO, Mr. David Lane. "With [...]
Victory Resources is pleased to announce the arms-length acquisition of the Lac Simard Property in Quebec from Archie Capital Inc. The Lac Simard Property is approximately 5 km south of Val-d'Or. The Property abuts the southern edge of Agnico Eagle's Goldex claim block. There are 3 operating gold mines within 20 km of the Property including Agnico Eagle's Goldex and Canadian Malartic mines and Eldorado Gold's Lamaque [...]
Victory Resources is pleased to announce the closing of its previously announced non-brokered flow-through unit financing. The Corporation raised gross proceeds of $178,000 through the sale of 1,780,000 equity units. The placement consists of units priced at $0.10 each, with each unit consisting of one flow-through common share and one warrant exercisable for 2 years from closing at an exercise price of $0.15. The Company [...]
Victory Resources is pleased to announce that the first phase of exploration has commenced on the Hammond Reef South Project, which adjoins Agnico Eagle's Hammond Reef Project in Northwestern Ontario. The Company optioned the Hammond Reef South property from Abitibi Royalties, as announced on August 10th, 2020. The Company has engaged Clark Exploration of Thunder Bay to complete the proposed work program. The first phase [...]
Victory Resources Corp. is pleased to announce that it has completed the final tranche of its non-brokered common share unit private placement . In the first tranche the Company raised proceeds of $1,769,600 through the sale of 23,594,665 Units. The final tranche of the Financing the Company raised proceeds of $373,025.03 through the sale of 4,973,667 Units. Securities issued pursuant to the final tranche are subject to [...]
Victory Resources Corp. is pleased to announce that the Company is advancing its exploration plan for its Mal-Wen, British Columbia property. The Mal-Wen Property consists of 6 mineral claims with a total area of 1143.58 hectares that is located about 30 km southeast of Merritt in south-central British Columbia. The Mal-Wen Property is within the eastern belt of the Nicola Group, in south-central BC, which hosts numerous [...]
Victory Resources Corp. is pleased to announce the closing of the first tranche of its previous announced non-brokered common share unit financing. The Corporation raised gross proceeds of $1,571,050 through the sale of 20,947,332 equity units. The placement consists of units priced at $0.075 each, with each unit consisting of one share and one warrant exercisable for 2 years from closing at an exercise price of $0.10 [...]
Company to Advance Exploration on Newly Optioned Property from Abitibi Royalties Targeted to Begin in Late September Victory Resources Corp. is pleased to announce that the Company is advancing its exploration plan with the development of a work program for September 2020 on the Hammond Reef South Project, which adjoins Agnico Eagle's Hammond Reef Project in Northwestern Ontario. Having optioned the Hammond Reef South [...]
Victory Resources Corp. is pleased to announce that the Company has entered into an option agreement for Victory to acquire 100% interest in the Hammond Reef South Project, which adjoins Agnico Eagle's Hammond Reef Project in Northwestern Ontario. "Hammond Reef South represents the first major advance in Victory's recently announced objective to embark on a significant gold, silver and precious metals acquisition [...]
Victory Resources Corp. is pleased to announce that the Company is developing a work program for its current Mal-Wen copper project in British Columbia, and actively seeking new properties in the gold, silver and precious metals sector. The Mal-Wen Property is within the eastern belt of the Nicola Group, in south-central BC, which hosts numerous alkalic porphyry deposits, including the presently producing New Afton Mine [...]
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