Victory Updates Analysis from New Noted Intrusive on its Georgia Lake Lithium Property
For Immediate Release
VICTORY UPDATES ANALYSIS FROM NEWLY NOTED
INTRUSIVE ON ITS GEORGIA LAKE LITHIUM PROPERTY
• The Georgia Lake Lithium Project is located in the Thunder Bay
Lithium District, 2 km east of Rock Tech Lithium Inc.’s (TSXV: RCK)
advanced lithium project
• Victory’s just completed work program resulted in the discovery of a
previously unmapped intrusive body and feldspar porphyry
encountered at the southeast corner of the property
• The significance of the newly noted features is that they show the
potential of the property to host previously unmapped intrusives -
including pegmatites
VANCOUVER, BC, CANADA ( July 17th, 2023) – Victory Battery Metals Corp. (CSE:
VR) (FWB: VR61) (OTC: VRCFF) (“Victory” or the “Company”) is pleased to provide its
shareholders with an update on the Company’s recently completed work program on its
Georgia Lake Lithium property in Ontario’s proven and highly accessible Thunder Bay
Lithium district.
Victory’s exploration team has recently completed its summer work program on its
Georgia Lake Lithium property and have identified a previously unmapped intrusive unit, a
feldspar porphyry, and granitic rock trending towards the property (Fig. 1). The
significance of the newly noted discoveries is that they show the potential of the property
to host previously unmapped intrusives (including pegmatites). There is one belt of
intrusives striking northeast towards the property from the Rock Tech ground and two
other granitic belts mapped as approaching the property from the east. From all
indications, the newly found intrusive body is on trend with the southern of those granitic
belts.
The exploration team took a total of 62 soil and till samples. The bulk of the samples taken
were commonly taken from 0.5 m depth along several east west lines across the southern
part of the property. These lines are perpendicular to the dominant ice flow direction and
down ice from the inferred intrusive trends. Some deeper till samples and a large, screened
stream sediment were also taken. This sampling is intended to be an orientation survey
towards a more thorough till sampling program.
Pending lab assays from the just completed work program the company will finalize the next
phase of development.
ABOUT THE GEORGIA LAKE LITHIUM PROJECT, THUNDER BAY LITHIUM
DISTRICT, ONTARIO
The Georgia Lake Lithium Project is located in the Thunder Bay District, Ontario. The
property is easily accessible, ranging anywhere from 1 -3 km from Trans -Canada
Highway, midway between Nipigon and Beardmore, Ontario; 14 km from Beardmore,
Figure 1. Map of the Georgia Lake Property showing potential S-type granite trends, newly
located feldspar porphyry, and a newly located intrusive body. The newly located intrusive
body and feldspar porphyry are located in the southeastern section of the property. The
green arrows indicate a potential S-type granite trend toward the property.
which is a hub for the mining industry in Northern Ontario. Victory’s Georgia Lake property
is 2 km east of Rock Tech Resources advanced lithium project within the Georgia Lake
lithium District. In addition to external access, much of the project area is accessible through
a recently developed network of logging roads, which will benefit Victory in terms of lower
exploration costs.
The technical information contained in this news release in relation to the Stingray, Georgia
Lake, and Tahlo Lake Properties has been revie wed and approved by Mr. Helgi
Sigurgeirson, Victory Geologist, 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 Corp.
VICTORY BATTERY METALS CORP. (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 s tatements 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", "fore casts", "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 expressed or implied by the forwa rd-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 a nd
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.