Victory Files Permit Amendment FOR Prime Drill Holes ON Its Smokey Lithium, Nevada Property
Suite #1780, 355 Burrard St., Vancouver, BC, Canada, V6C 2G8
For Immediate Release
VICTORY FILES PERMIT AMENDMENT FOR PRIME DRILL HOLES ON
ITS SMOKEY LITHIUM, NEVADA PROPERTY
● As announced on 14 December 2022, Victory’s Exploration Team has completed
an on-site geological program to finalize the location of drill holes, building upon
its previously reported comprehensive effort to
delineate significant lithium mineralization on the Smokey Lithium Property
● Drill hole locations have been selected to extend strong lithium mineralization
intersected previously on the property in hole 09 within the area of interest
outlined in detail in the Company’s press release dated 20 October 2022
● The Company has now amended and submitted its drill permit application with
the newly identified hole locations in this new area of interest contiguous with the
southwest part of the original claim block
VANCOUVER, BC, CANADA ( 18 January 2023) – Victory Battery Metals (CSE: VR) (FWB:
VR6) (OTC: VRCFF) (“Victory” or the “Company”) is pleased to announce that the Company
amended and submitted its drill permit application with the newly identified hole locations in this
new area of interest contiguous with the southwest p art of the original claim block for its wholly
owned Smokey Lithium Property in Nevada.
“The planned second round drill targets are a perfect combination of step out drilling on previous
a mineralized intersection along with grassroots targets of claystone sediments within the
Weepah Detachment fault and underlying claystones of the Esmeralda Formation,” said Victory
President and CEO, Mr. Mark Ireton. “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. Only a handful of holes have ever been drilled within the project and
surrounding areas, leaving robust potential for additional discoveries of lithium mineralized
claystones.,”
Victory’s amended drill permit application includes the new high quality drill targets. The
proposed program seeks to extend strong lithium mineralization intersected previously on the
property’s hole 09, which was ended in strong, claystone hosted, lithium mineralization at 417
feet.
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
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
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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 imp lied 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 relia nce 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.