News

VICTORY ENGAGED IN PROPERTY SALE AND JOINT VENTURE EXPLORATIONS September 13, 2023 4:00 AM

The Li values of a group of samples on Victory's Stingray Lac Block property are higher than those in the main western Li anomaly shown on the Kaanaayaa Property from Azimut's 23 January 2023 release.¹(Figure 1)
Azimut’s Kaanaayaa and Corvet properties border Victory’s Lac Block and Riviere Block directly to the east and south respectively (Figure 2)
Rio Tinto Exploration Canada signed “two (2) Option to Joint Venture Agreements” with Azimut Exploration Inc. for up to C$115.7 Million for its Kaanaayaa and Corvet properties²

Victory’s Stingray Property phase one work program to focus on its Lac Block and Riviere Block with a team of up to 4 Geologists and 4 technicians with Helicopter support
Rio Tinto Exploration Canada has signed “two (2) Option to Joint Venture Agreements” with Azimut Exploration Inc. for its Kaanaayaa and Corvet lithium properties which border Victory’s Lac Block and Riviere Block directly to the east and south respectively (Figure 1)
Overall, Victory’s Stingray array of properties includes 347 claims, totalling 17,792 hectares on ground adjacent to Patriot Battery Metals, (TSXV: PMET), Corvette Property – Declared “The Largest Lithium Pegmatite Resource in the Americas on 30 July 2023²

Rio Tinto Exploration Canada has signed “two (2) Option to Joint Venture Agreements” with Azimut Exploration Inc. for its Kaanaayaa and Corvet lithium properties
Azimut’s Kaanaayaa and Corvet properties border Victory’s Lac Block and Riviere Block directly to the east and south respectively (Figure 1)
Victory’s Stingray array of properties includes 347 claims, totalling 17,792 hectares on ground adjacent to Patriot Battery Metals, (TSXV: PMET), Corvette Property – Declared “The Largest Lithium Pegmatite Resource in the Americas on 30 July 2023²

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

Victory’s Exploration Team advances its key properties with one drill program just completed and three work programs planned and/or underway this summer
In addition to its recently announced high grade discovery at Smokey Lithium Nevada, the Company has work programs and analysis in full swing at its Georgia Lake and Tahlo Lake Properties
The Company is in preparatory stages to launch an initial work program for its Stingray Properties in proximity to Patriot Battery Metals (TSXV: PMET) Corvette Property

Victory’s Geology Team confirms outstanding assay results on its 23-01 hole, verifying last year’s discovery, comparing favorably to American Lithium Corp.’s (TSXV: LI) (OTCQB: LIACF) infill drilling results at the TLC Li claystone deposit.¹
Victory is now planning to define the subsurface extensions of the thick claystone interval reported in diamond drill hole (DDH) 23-01 at Smokey Lithium, which is 22 miles southwest of American Lithium Corp.’s TLC deposit.

Victory’s exploration team’s analysis of its Phase 2 drill program is highlighted by strong correlations extending the high-grade intercepts from the Phase 1 2022 drill program on its 22-09 and 23-01 holes, featuring higher ppm Li results
The drill program included 4 holes, with a combined total of 1966.5 feet of drilling
As a result of initial analysis, Victory made the decision to stake 100 new lode claims as announced on 12 June 2023, expanding the property by 2066 acres to 5691 acres