Victory Stakes Black Diablo Property in Nevada
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For Immediate Release
VICTORY STAKES BLACK DIABLO PROPERTY IN NEVADA
BLACK DIABLO PROPERTY COMPLEMENTS EXISTING LONER PROPERTY AND ON
SAME BELT AS NEVADA SUNRISE GOLD CORP’S CORONADA PROPERTY
VANCOUVER, BC, CANADA ( March 19th, 2021) – Victory Resources Corporation (CSE:
VR) (FWB: VR61) (OTC: VRCFF) (“Victory” or the “Company”) 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 g eologists 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 the claims in order to add Black Diablo to Victory’s portfolio, leveraging our
crew and infrastructure as the Loner property is poised for drilling to begin.”
Highlights
• Victory staked 16 claims south of Winnemucca and filed the work with the BLM (Bureau
of Land Management).
• The claims are about 4 miles ENE of Victory’s Loner Property.
• The Black Diablo Property is exploring for VMS (volcanogenic Massive sulphide) copper
deposits in the same belt of rocks as Nevada Sunrise Gold Corp's Coronada VMS
Project immediately to the south.
• The Big Mike Copper Mine is on the Coronada Property, about 10 miles south of the
Black Diablo Property.
• The Big Mike Copper Mine produced about 25 million pounds of copper in 100,000 tons
of ore grading 10.5% copper, which was shipped directly to a smelter in West Germany.
Ranchers also carried out heap leaching on the lower-grade disseminated copper ore,
treating about 300,000 tons of mineralised rock.
The close proximity of the Black Diablo to the Loner Property allows for cost effective evaluation
of the Black Diablo while crews are in the area. The receipts confirming that the claims have
been accepted are pending.
The Black Diablo Property hosts the Black Diablo Manganese Oxide Mine. Regarding
manganese oxide deposits, the USGS notes that (in the Winnemucca, Nevada area)
“permissive and favorable tracts coincide with those of the Cyprus massive sulphide deposits.”1
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The Mineral Resource Data System entry for the Black Diablo deposit reports a sample
containing 10,000 ppm Cu. Franciscan type manganese oxide deposits commonly contain trace
copper. As this is an anomalously high amount of Cu for a manganese oxide deposit, it may
indicate the area is particularly prospective for Cyprus style VMS deposits such as the Big Mike.
Scientific and technical information contained in this press release was reviewed and approved
by Mr. Helgi Sigurgeirson, Victory Geologist, and a "qualified person" under NI 43-101.
The Company also announced that it has engaged Dig Media Inc. dba Investing News Network
(INN) for $49,300 to provide investor awareness services annually.
1 Metallic mineral resources in the U.S. Bureau of Land Management's Winnemucca District and Surprise
Resource Area, northwest Nevada and northeast California, Open-File Report 96-712
For further information, please contact:
David Lane, President
Telephone: +1 (236) 317 2822 or TOLL FREE 1 (855) 665-GOLD (4653)
E-mail: [email protected]
About Victory Resources Corporation
VICTORY RESOURCES CORPORATION (CSE: VR) (FWB: VR61) (OTC: VRCFF) is a publicly traded
diversified investment corporation with mineral interests in North America. The company is also actively
seeking other exploration opportunities.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Forward Looking Statements
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substantial known and unknown risks and uncertainties. All statements other than statements of historical
fact are forward -looking statements, including, without limitation, statements regarding future financial
position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint -
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considered reasonable at the time of p reparation, may prove to be imprecise and, as such, undue
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obligation to update or revise its forward -looking statements, whether as a result of new information,
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