Victory Stakes New Tahlo Lake Property in British Columbia’S Babine Copper-GOLD Porphyry District
Suite #1780, 355 Burrard St., Vancouver, BC, Canada, V6C 2G8
For Immediate Release
VICTORY STAKES NEW TAHLO LAKE PROPERTY IN BRITISH
COLUMBIA’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 735-hectare Tahlo Lake Property is adjacent to the same NNW trending fault
as the Morrison deposit and underlain by Jurassic Hazelton Group rocks
● The property overlies a significant NNW trending magnetometer high within the
Hazelton Group rocks, suggesting the presence of intrusives
VANCOUVER, BC, CANADA (15 November 2022) – Victory Resources Corporation (CSE:
VR) (FWB: VR61) (OTC: VRCFF) (“Victory” or the “Company”) is pleased to announce that
the Company has staked the Tahlo Lake Property in British Columbia’s prolific Babine Copper -
Gold Porphyry District.
The Tahlo Lake Property currently consists of 735 hectares 11 km NW of the NAK Property and
19 km NW of the Morrison Deposit. It 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.
Tahlo Lake Property Highlights
● 735-hectare property lies within the Babine Copper-Gold Porphyry District that contains
American Eagle’s NAK Property (TSXV: AE)
● 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, at the southern edge of the property, returned over the 95th percentile
for Au.
● Another till sample site about 3 km down ice from the property returned 49 ppb Au,
which is over the 98th percentile for the region
“Our Geology team has identified and staked this property with promising historical findings within
the Babine copper-gold porphyry district - within which American Eagle Gold Corp. (TSXV -AE)
announced on 7 November 2022 that its NAK p roperty drill program had “intersected broad
intervals of porphyry-style mineralization” on all five holes drilled1,” noted Mr. Mark Ireton, Victory
Resources President. “Victory will continue to assess historical information along with current
geology findings toward the development a plan to advance the Tahlo Lake property.”
The technical information contained in this news release has been reviewed and approved by Mr.
Helgi Sigurgeirson, Victory Geologist, who is a Qualified Person as defined under Nation al
Instrument 43-101.
1https://americaneaglegold.ca/news/american-eagle-drills-125-m-of-1.02-copper-equivalent-from-surface-within-851-m-of-0.33-
copper-equivalent-in-maiden-drill-hole/
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 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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Suite #1780, 355 Burrard St., Vancouver, BC, Canada, V6C 2G8
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