Victory Conducts Reconnassaince ON Loner Property IN Nevada
Suite #1780, 355 Burrard St., Vancouver, BC, Canada, V6C 2G8
For Immediate Release
VICTORY CONDUCTS RECONNASSAINCE ON LONER PROPERTY IN NEVADA
PROJECT GEOLOGIST AND DRILLER ONSITE IN PREPARATION FOR 500M SHORT-HOLE
DRILL PROGRAM
VANCOUVER, BC, CANADA ( January 14th, 2021) – Victory Resources Corporation (CSE:
VR) (FWB: VR61) (OTC: VRCFF) (“Victory” or the “Company”) is pleased to announce that
the Company’s project g eologist and driller have conducted their reconna issance toward the
Company’s anticipated 500m short hole drill program on the Company’s recently optioned Loner
Property in Nevada as previously announced, permit depending.
The project geologist and the driller did a reconnaissance of the Loner site on Ja nuary 12th and
determined that the access was adequate to mobilize the drill onto the site. The options for
supplying the drill with water were assessed, along with possible staging locations and other
logistical concerns. The driller felt the rock would be reasonably good to drill. Overall, no serious
difficulties were seen, though winter weather is always a concern.
Highlights
• Victory announced filing of notice of operations toward permitting drill program on
January 6th
• Project geologist and driller completed reconnaissance of Loner on January 12th
• Options for water access, staging locations and related logistics were determined to
advance to drill program pending permitting
Scientific and technical information contained in this press relea se was reviewed and approved
by Mr. Helgi Sigurgeirson, Victory Geologist, and a "qualified person" under NI 43-101.
About the Loner Property:
The Loner Property is located 35 km south of Winnemucca in the southern Sonoma Range and
currently consists of 16 Federal Lode Claims covering historic workings and exposed low-
sulphidation gold mineralization. Recent exploration in the area includes the Goldbanks
Project, an epithermal gold project about 12 miles to the south, and the Coronado VMS Project,
which has been exploring for Cu on a property about 6 miles to the southeast of the Loner
Property. The area of the Loner Property is prospective for both these styles of mineralization.
Suite #1780, 355 Burrard St., Vancouver, BC, Canada, V6C 2G8
Victory Resources has optioned the Loner Property from Silver Range Resources (TSX-V:
SNG) (“Silver Range”) as announced on 23 December 2020.
For further information, please contact:
David Lane, President
Telephone: +1 (236) 317 2822
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 relea se 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 -
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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 e xpressed 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 c onditions, 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 su ch, undue
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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.