Victory Advances Smokey Lithium Exploration with Completed Ground Sample Program
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For Immediate Release
VICTORY ADVANCES SMOKEY LITHIUM EXPLORATION WITH
COMPLETED GROUND SAMPLE PROGRAM
● Victory’s Exploration Team is engaged in a comprehensive effort to d to delineate
and extend significant lithium mineralization on its Smokey Lithium Property
● In response to drilling results, the Company has completed an extensive ground
sampling program aimed at helping to develop a clear picture of the best
potential drill locations for its next round of drilling
● Based on results from its overall efforts, the Company anticipates a beneficial
revision to its drilling application with the relocation of several holes, which will be
an expedited process once undertaken
VANCOUVER, BC, CANADA (June 28th, 2022) – Victory Resources Corporation (CSE: VR)
(FWB: VR61) (OTC: VRCFF) (“Victory” or the “Company”) is pleased to announce that the
Company’s exploration team has completed an extensive ground sampling program, building
upon favourable drill results, aimed at guiding prime drill locations for its next round of drilling on
the Company’s Smokey Lithium Property in Nevada.
The ground sampling program focused on sampling the Esmeralda Formation on and
throughout the surrounding grounds of the Smokey Lithium property and has led to the
Company locating a zone of higher values to the south and southwest. Mapping was done to
locate controls on lithium clay deposition and locate clay beds, which have informed additional
staking to protect the interests of Company.
“We are continuing our exploration efforts at the property through a combination of surface
sampling, geologic mapping and geologic modeling all aimed at providing additional drill
targets,” said Victory President and CEO, Mr. Mark Ireton. “Victory is focused on expanding the
footprint of the subsurface claystone hosted lithium mineralization in its maiden drill program
and our exploration team is actively working the property and environs to do so.”
On behalf of the Victory Resources leadership team and board, the Company is pleased to
welcome entrepreneur, Mr. Gerald Tritt, as a Director. Mr. Tritt is an accomplished business
leader, with vast experience in capital markets as an early-stage investor with multiple ventures,
and within the hospitality industry as the Co-Founder and Co-Owner of several restaurant
concepts, most recently the Vera’s Burger Shack chain. Earlier in his career he served in senior
management positions of both national and international hospitality groups. As an investor in
multiple start-ups across multiple industries, Mr. Tritt brings tremendous firsthand capital
markets experience including an extensive network, corporate governance, and a strong private
equity background.
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’ Clayt on 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 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 m ay 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 fin ancial
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", "should", "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 expre ssed 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
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statements, whether as a result of new information, future events, or otherwise, except as required by
securities laws.