Victory Advances Its Exploration Plan FOR Its Georgia Lake Lithium Project in Ontario
Suite #1780, 355 Burrard St., Vancouver, BC, Canada, V6C 2G8
For Immediate Release
VICTORY ADVANCES ITS EXPLORATION PLAN FOR ITS GEORGIA
LAKE LITHIUM PROJECT IN ONTARIO
● Property represents a large, under-explored land package adjacent to Rock
Tech’s near term Georgia Lake Lithium deposit
● The Georgia Lake Lithium District has a proven track record of economic Li
deposits dating back to the mid 1950’s
● Rock Tech Lithium (TSXV: RCK) is building a lithium ore processing facility for
custom milling in Thunder Bay, to be online in early 2024, which with Ontario
Government support will support mineral processing from other nearby Li mines
VANCOUVER, BC, CANADA (6 March 2023) – Victory Battery Metals (CSE: VR) (FWB:
VR61) (OTC: VRCFF) (“Victory” or the “Company”) is pleased to update its exploration plan
for its Georgia Lake Lithium Project in the Thunder Bay Mining District, Ontario.
Victory’s exploration team has designed a work program to advance the Georgia Lake Lithium
property. Currently, the Company is soliciting bids to fly a magnetometer survey over its Georgia
Lake Property to determine whether mica granite bodies can be identified within the
metasediments. Once the magnetometer survey has been completed, a field crew will mobilize
onto the property in early June to begin prospecting, rock sampling, reconnaissance mapping,
as well as overburden mapping and sampling.
Georgia Lake Lithium Project Highlights
Victory’s Georgia Lake property is 2 km east of Rock Tech Resources advanced lithium
project within the Georgia Lake lithium District and hosts numerous Li bearing pegmatites
A 2022 Technical Report on the Georgia Lake Property produced a Mineral Resource
estimate which outlined 10.60 million tonnes (Mt) Indicated Mineral Resource at a grade
of 0.88% Li2O and 4.22 Mt of Inferred Mineral Resource at a grade of 1.0% Li2O
In the Georgia Lake Lithium District, spodumene bearing pegmatites occur almost entirely
within metasediments, usually spatially associated with mica bearing granitic rocks.
Regional mapping by Pye (1965)1 indicates that Victory’s Georgia Lake property is largely
underlain by metasediments
Pegmatites and mica granites are reported to the south, west and east of the Property
Mapping on Rock Tech’s ground has outlined additional bodies of mica granite not
shown on Pye’s map, suggesting the possibility that previously unmapped mica granites
and associated pegmatites may be found on Victory’s ground as well
“The Georgia Lake Lithium project is a strong lithium play in a proven lithium region, supported
through a renewed focus from the Government of Ontario, with their continued development of
infrastructure to grow the Thunder Bay District, which increases accessibility and will allow us to
realize the full potential of any commercially viable deposits within the project.” said Mr. Mark
Ireton, Victory Resources President and CEO.
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.
1 http://www.geologyontario.mndm.gov.on.ca/mndmfiles/pub/data/records/R031.html
For further information, please contact:
Mark Ireton, President
Telephone: +1 (236) 317 2822 or TOLL FREE 1 (855) 665-GOLD (4653)
E-mail: [email protected]
About Victory Battery Metals
VICTORY BATTERY METALS (CSE: VR) 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, stat ements regarding future financial
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