Victory Sampling Program Reveals Highly Anomalous Zone with Readings up to 1500 PPM Li at Smokey Lithium
Suite #1780, 355 Burrard St., Vancouver, BC, Canada, V6C 2G8
For Immediate Release
VICTORY SAMPLING PROGRAM REVEALS HIGHLY ANOMALOUS
ZONE WITH READINGS UP TO 1500 PPM Li AT SMOKEY LITHIUM
Strong Results of Mapping and Sampling Program To Guide Accelerated Exploration
Plan for Smokey Lithium
VANCOUVER, BC, CANADA ( July 2nd, 2021) – Victory Resources Corporation (CSE: VR)
(FWB: VR61) (OTC: VRCFF) (“Victory” or the “Company”) is excited to announce strong
initial results of its previously announced e xtensive sampling program on its Smokey Lithium
property in Esmeralda County, Nevada.
Highlights of the Smokey Lithium Mapping and Sampling Program
• Sampling indicates several areas of high Li values in the claystones up to 1500 ppm Li
• The southwest area of the Smokey Lithium property showed values well over 1000 ppm,
Li sampling in this area revealed a highly anomalous zone approximately 1.5 km across
• The central area also features elevated Li values and may be related to the high Li zone
on the adjacent Jindalee Property
“These results are significant, validating Smokey Lithium and providing a focal point for Victory’s
exploration team, whom have been extremely active in Nevada over the last few months
advancing our properties at a rapid pace,” said Victory President and CEO, Mr. Mark Ireton.
Victory’s exploration team completed the mapping and sampling program in June 2021 using
both a Laser Induced Breakdown Spectroscopy (LIBS) Analyzer* and the collection of claystone
samples, to complete the planned program announced on June 15 th. Claystone samples have
been submitted to ALS Labs in Tucson to further validate results.
Victory’s Smokey Lithium project is a clay lithium property that lies approximately 20 miles north
of Clayton Valley, and 20 miles west of American Lithium’s flagship lithium project. Smokey
Lithium is located 25 km northwest of Noram's Zeus Li Proj ect and 35 km 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, Jindalee).
Suite #1780, 355 Burrard St., Vancouver, BC, Canada, V6C 2G8
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.
* Laser Induced Breakdown Spectroscopy (LIBS) is a rapid chemical analysis tool that is used
to detect and characterize materials. Focusing a powerful laser pulse onto the surface of solid,
liquid or even gaseous matter is analyzed to determine the elemental composition of the
sample.
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.
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