Victory Expanding Its Smokey Lithium Property By 100 Claims Upon Analysis Of Preliminary Results Of Its Recently Completed Drill Program
Suite #1780, 355 Burrard St., Vancouver, BC, Canada, V6C 2G8
For Immediate Release
VICTORY EXPANDING ITS SMOKEY LITHIUM PROPERTY BY 100
CLAIMS UPON ANALYSIS OF PRELIMINARY RESULTS OF ITS
RECENTLY COMPLETED DRILL PROGRAM
● Victory’s exploration team finalizes expansion of Smokey Lithium to fortify its
interests upon preliminary analysis of its recently completed drill program
● The additional Smokey Lithium staked ground will expand the property by 100
claims, totalling 2066 acres
● The decision was made to stake lode claims for this new ground, providing the
Company with additional acres for grassroots exploration in an area where recent
drilling has discovered a thick sequence of claystone from surface to a depth of
>500 feet in the recently completed drilling
VANCOUVER, BC, CANADA (12 June 2023) – Victory Battery Metals (CSE: VR) (FWB: VR6)
(OTC: VRCFF) (“Victory” or the “Company”) is excited to announce that the Company initiated
expansion plans for its Smokey Lithium, Nevada property upon preliminary analysis of
sequentially delivered drill program data, and that its exploration team continues to analyze the
overall drill program findings.
“Smokey Lithium is in a prolific lithium region that is highly competitive and we have acted
prudently at this time to respond to preliminary analysis of the recently completed drill program,
as sequential information was delivered from the lab, to expand the Smokey Lithium property with
100 new lode claims, which will increase the property by 2066 acres to a total 5691 acres,” said
Victory President and CEO, Mr. Mark Ireton.
The Company continues to analyze its overall results from all exploration activities, including its
most recent drill results combined with 2022 drilling, field mapping, surface sampling, and
Tromino passive seismic studies, to develop the most complete picture for ongoing exploration
plans at Smokey Lithium. The project area and surrounding lands show strong lithium
mineralization with the Esmeralda Formation at surface. When combined with the highly
encouraging results from Victory’s first round drilling (completed in 2022) the project area is
highly prospective.
Figure 1: Map of Smokey Lithium Location in Prolific Lithium Region
About Smokey Lithium, Nevada
Victory’s Smokey Lithium project is a clay lithium property that lies approximately 20 miles north
of Clayton Valley, to the west of American Lithium’s flagship lithium project. Smokey Lithium is
located northwest of Cypress’ Clayton Valley Lithium Project and to the southwest of American
Lithium Corporation's Tonopah Lithium Claims Property in southwest Nevada. Esmeralda County
Nevada is a prolific region for lithium clay deposits, (Noram, Cypress, American Lithium,
Spearmint, Enertopia, and Jindalee).
The technical information contained in this news release has been reviewed and approved by
Bob Marvin (PGeo), who is a Qualified Person as defined under National Instrument 43-101.
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
Suite #1780, 355 Burrard St., Vancouver, BC, Canada, V6C 2G8
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
Certain information set forth in this news release may contain forward- looking statements that involve
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 -
ventures and strategic alliances and co- operations, budgets, cost and plans and objectives of or involving
the Company. Such forward- looking information reflects management's current beliefs and is based on
information currently available to management. Often, but not always, forward- looking statements can be
identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates",
"forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including
negative variations) of such words and phrases or may be identified by statements to the effect that certain
actions "may", "could", "sh ould", "would", "might" or "will" be taken, occur or be achieved. A number of
known and unknown risks, uncertainties and other factors may cause the actual results or performance to
materially differ from any future results or performance expressed or implied by the forward- looking
information. These forward-looking statements are subject to numerous risks and uncertainties, certain of
which are beyond the control of the Company including, but not limited to, the impact of general economic
conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the
assumptions used in the preparation of such information, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-
looking statements. The Company does not assume any obligation to update or revise its forward- looking
statements, whether as a result of new information, future events, or otherwise, except as required by
securities laws.