Victory Battery Metals Corp. News Release 03/17/2023
Suite #1780, 355 Burrard St., Vancouver, BC, Canada, V6C 2G8
For Immediate Release
VICTORY ANNOUNCES EXPLORATION PLANS FOR ITS TAHLO LAKE
PROJECT IN BRITISH COLUMBIA
● Initial work to begin this month on Victory’s wholly owned Tahlo Lake Property in
B.C.’s Babine Copper-Gold Porphyry District
● British Columbia’s Babine Copper-Gold Porphyry District contains American
Eagle Gold Corp.’s (TSXV: AE)’s NAK property, the Morrison deposit and the
historical Bell & Granisle mines
● The Tahlo Lake property overlies a significant NNW trending magnetometer high
within the Hazelton Group rocks. Porphyry Cu-Au mineralization in the Babine
camp is often associated with mag highs
VANCOUVER, BC, CANADA (17 March 2023) – Victory Battery Metals (CSE: VR) (FWB:
VR61) (OTC: VRCFF) (“Victory” or the “Company”) is pleased to provide its initial exploration
plan for its wholly owned Tahlo Lake Property in British Columbia’s prolific Babine Copper-Gold
Porphyry District, 8 km northwest of American Eagle Gold’s (TSXV: AE) NAK Property.
Recently American Eagle Gold (TSXV: AE) has been having positive exploration results on its
Nak Property, releasing results on January 25th describing drilling 527 m of 0.45% copper
equivalent ("CuEq") from surface, including 185 m @ 0.74% CuEq, and ended in high-grade
mineralization (88 m @ 0.98% CuEq).1
Tahlo Lake Initial Work Program Highlights
• Geological mapping and interpretation of the overburden anomalies will be assisted by
an airborne magnetometer survey over the property in March 2023
• Assisted by results, the Company will initiate a 10-day work program in late June to
assess whether the Noranda soil anomaly represents a window through the till, and
could be part of a larger mineralized system. This is suggested by the widespread but
erratic, anomalous Cu, Zn and Au results in regional till and stream sediment sampling
on different parts of the property
• Mapping and sampling will be undertaken to characterize the overburden and aid in the
interpretation of the anomalies. As no detailed work has been done on the Property
aside from the Noranda soil survey, prospecting and reconnaissance mapping will also
be undertaken
“Victory’s exploration team recently expanded the Tahlo Lake property, building upon our
research efforts, where historical findings showed significant promise,” noted Mr. Mark Ireton,
Victory Resources President. “With the success of Victory’s recent raise, the Company is in a
strong position to advance key properties in both Canada and USA, and in addition to the
upcoming drilling on our Smokey Lithium Property in Nevada, our team is very excited about the
prospects for Tahlo Lake.”
About The Tahlo Lake Property
● Victory’s 1688-hectare Tahlo Lake property lies within the Babine Copper-Gold Porphyry
District 8km NW of American Eagle’s NAK Property (TSXV: AE), and 16km NW of the
Morrison deposit
● The Tahlo Lake Property is adjacent to the same NNW trending fault as the Morrison
deposit and underlain by Jurassic Hazelton Group rocks
● Babine porphyry deposits, such as NAK, Morrison, Bell and Granisle, are hosted by
Jurassic strata and associated with major NNW trending faults
● The property overlies a significant NNW trending magnetometer high within the Hazelton
Group rocks. Porphyry Cu-Au mineralization in the Babine camp is often associated with
mag highs
● A regional geochemical survey silt sample in the center of the property returned over the
96th percentile for Cu and over the 98th percentile for Zn. Surrounding RGS samples
form a cluster of elevated Cu and Zn values
● Noranda reported a linear soil anomaly approximately 50 m x 500 m, trending NNW, with
Cu values ranging from 60 to 720 ppm Cu to the southwest of the area drained by the
highly anomalous silt sample site. Noranda never followed up on the anomaly and no
work has been reported since
● A regional till sample taken about half a kilometer east of the soil anomaly returned
elevated Cu and highly anomalous Zn (>98th percentile). A till sample about 2 km down
ice from this site on the returned over the 95th percentile for Au.
● Another till sample on the newly staked property returned 49 ppb Au, which is over the
98th percentile for the region
Suite #1780, 355 Burrard St., Vancouver, BC, Canada, V6C 2G8
Top left: Babine Deposits Top right: Tahlo Lake geology Bottom left: Tahlo Lake mag
Bottom right: Tahlo Lake anomalous historical sampling
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.
1https://americaneaglegold.ca/news/american-eagle-drills-527-metres-of-0.45-copper-equivalent-from-surface-including-185-
metres-of-0.74-copper-equivalent/
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
identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates",
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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 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.