Victory Begins Work Program ON Its Georgia Lake Lithium Project in Ontario
Suite #1780, 355 Burrard St., Vancouver, BC, Canada, V6C 2G8
For Immediate Release
VICTORY BEGINS WORK PROGRAM ON 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 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 (July 12th, 2022) – Victory Resources Corporation (CSE: VR)
(FWB: VR61) (OTC: VRCFF) (“Victory” or the “Company”) is pleased to announce that the
Company’s has begun its first work program on its recently acquired Georgia Lake Lithium Project
in the Thunder Bay Mining District, Ontario.
“We are excited to begin our first work program at our fully owned Georgia Lake property, which
is based in the proven Lithium region within the Thunder Bay District,” said Mr. Mark Ireton, Victory
Resources President and CEO. “ Victory’s Georgia Lake property is ideally situated in a proven
lithium region, and one with mining infrastructure supported by the Government of Ontario and
from Rock Tech, which will allow us to realize the full potential of any commercially viable deposits
within the project.”
Work Program Details
• The work program will be focused upon soil sampling and prospecting over a 10-day
period to explore for lithium mineralization on our Georgia Lake Project
• The program is aimed at identifying anomalous lithium values in soil to develop targets
for follow-up exploration work which would then require an exploration permit and
support from the local First Nations communities
• It is anticipated that results will follow within 6-weeks of the program, identifying the
specific areas for permit application and community engagement related to future
surface trenching and drilling
As it relates to Victory’s press release on 5 July 2022, Terms of the Agreement for the 100%
acquisition of the Company’s Stingray II property are $10,000 in cash and 2.5 million common
shares payable on Regulatory and Exchange approval.
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 Resources Corporation
VICTORY RESOURCES CORPORATION (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 an d 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", "in tends", "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", "should", "would", "might" or "will" be tak en, 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.