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 [...]
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 [...]