- As introduced on 14 December 2022, Victory’s Exploration Crew has accomplished an on-site geological program to finalize the placement of drill holes, constructing upon its beforehand reported complete effort to delineate vital lithium mineralization on the Smokey Lithium Property
- Drill gap areas have been chosen to increase robust lithium mineralization intersected beforehand on the property in gap 09 inside the space of curiosity outlined intimately within the Firm’s press launch dated 20 October 2022
- The Firm has now amended and submitted its drill allow utility with the newly recognized gap areas on this new space of curiosity contiguous with the southwest a part of the unique declare block
VANCOUVER, BC, CANADA (18 January 2023) – Victory Battery Metals (CSE: VR) (FWB: VR6) (OTC: VRCFF) (“Victory” or the “Firm”) is happy to announce that the Firm amended and submitted its drill allow utility with the newly recognized gap areas on this new space of curiosity contiguous with the southwest a part of the unique declare block for its wholly owned Smokey Lithium Property in Nevada.
“The deliberate second spherical drill targets are an ideal mixture of step out drilling on earlier a mineralized intersection together with grassroots targets of claystone sediments inside the Weepah Detachment fault and underlying claystones of the Esmeralda Formation,” stated Victory President and CEO, Mr. Mark Ireton. “The venture space and surrounding lands present robust lithium mineralization with the Esmeralda Formation at floor. When mixed with the extremely encouraging outcomes from Victory’s first spherical drilling (accomplished in 2022) the venture space is extremely potential. Solely a handful of holes have ever been drilled inside the venture and surrounding areas, leaving sturdy potential for extra discoveries of lithium mineralized claystones.,”
Victory’s amended drill allow utility contains the brand new top quality drill targets. The proposed program seeks to increase robust lithium mineralization intersected beforehand on the property’s gap 09, which was led to robust, claystone hosted, lithium mineralization at 417 toes.
About Smokey Lithium, Nevada
Victory’s Smokey Lithium venture is a clay lithium property that lies roughly 20 miles north of Clayton Valley, to the west of American Lithium’s flagship lithium venture. Smokey Lithium is situated northwest of Cypress’ Clayton Valley Lithium Venture and to the southwest of American Lithium Company’s Tonopah Lithium Claims Property in southwest Nevada. Esmeralda County Nevada is a prolific area for lithium clay deposits, (Noram, Cypress, American Lithium, Spearmint, Enertopia, and Jindalee).
The technical data contained on this information launch has been reviewed and accepted by Bob Marvin (PGeo), who’s a Certified Particular person as outlined beneath Nationwide Instrument 43-101.
For additional data, please contact:
Mark Ireton, President
Phone: +1 (236) 317 2822 or TOLL FREE 1 (855) 665-GOLD (4653)
About Victory Battery Metals
VICTORY BATTERY METALS (CSE: VR) is a publicly traded diversified funding company with mineral pursuits in North America. The Firm can also be actively in search of different exploration alternatives.
Neither the Canadian Securities Trade nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the Canadian Securities Trade) accepts duty for the adequacy or accuracy of this launch.
Ahead Wanting Statements
Sure data set forth on this information launch could include forward-looking statements that contain substantial identified and unknown dangers and uncertainties. All statements aside from statements of historic reality are forward-looking statements, together with, with out limitation, statements relating to future monetary place, enterprise technique, use of proceeds, company imaginative and prescient, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, price and plans and goals of or involving the Firm. Such forward-looking data displays administration’s present beliefs and relies on data presently accessible to administration. Usually, however not at all times, forward-looking statements will be recognized by way of phrases akin to “plans”, “expects”, “is anticipated”, “funds”, “scheduled”, “estimates”, “forecasts”, “predicts”, “intends”, “targets”, “goals”, “anticipates” or “believes” or variations (together with unfavorable variations) of such phrases and phrases or could also be recognized by statements to the impact that sure actions “could”, “may”, “ought to”, “would”, “may” or “will” be taken, happen or be achieved. Plenty of identified and unknown dangers, uncertainties and different components could trigger the precise outcomes or efficiency to materially differ from any future outcomes or efficiency expressed or implied by the forward-looking data. These forward-looking statements are topic to quite a few dangers and uncertainties, sure of that are past the management of the Firm together with, however not restricted to, the influence of basic financial situations, trade situations and dependence upon regulatory approvals. Readers are cautioned that the assumptions used within the preparation of such data, though thought-about affordable on the time of preparation, could show to be imprecise and, as such, undue reliance shouldn’t be positioned on forward-looking statements. The Firm doesn’t assume any obligation to replace or revise its forward-looking statements, whether or not on account of new data, future occasions, or in any other case, besides as required by securities legal guidelines.