Victory Receives Drill Permit Approval FOR Its Smokey Lithium, Nevada Property
Suite #1780, 355 Burrard St., Vancouver, BC, Canada, V6C 2G8
For Immediate Release
VICTORY RECEIVES DRILL PERMIT APPROVAL FOR ITS SMOKEY
LITHIUM, NEVADA PROPERTY
● Victory’s amended drill permit for its Smokey Lithium, Nevada Property has been
approved, allowing the Company to advance its drilling program
● New 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
● Combining results from field mapping, surface sampling, drilling and Tromino
passive seismic studies, Victory’s focus is on a 2-3km sq. area with lowered risk,
having a high likelihood to intersect lithium rich clays via drilling, and may
indicate maiden resource potential
VANCOUVER, BC, CANADA ( 8 March 2023) – Victory Battery Metals (CSE: VR) (FWB:
VR61) (OTC: VRCFF) (“Victory” or the “Company”) is pleased to announce that the Company
has received drilling permit approval for its Smokey Lithium Property in Nevada.
“We are thrilled to receive approval for our advanced drill program on our Smokey Lithium
property,” said Victory President and CEO, Mr. Mark Ireton. “As announced last week, in
anticipation of approval for drilling newly identified hole locations in the area of interest contiguous
with the southwest part of the original claim block, we have secured all the resources required to
launch our drilling program in the near future, weather depending.”
Victory’s amended drill permit application includes the new high quality drill targets. The
program seeks to extend strong lithium mineralization intersected previously on the property’s
hole 09, which ended in strong, claystone hosted, lithium mineralization at 417 feet.
The new 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. 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.
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
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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
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