News

• Property represents a large, under-explored land package adjacent to Rock Tech’s near term Georgia Lake Lithium deposit
• The Georgia Lake Lithium District has a proven track record of economic Li deposits dating back to the mid 1950’s
• Rock Tech is building a lithium ore processing facility for custom milling in Thunder Bay, to be online in early 2024, which with Ontario Government support will support mineral processing from other nearby Li mines

• Property consists of 5 claims totalling 286.32 ha, approximately 10 km south of Saguenay, Quebec
• Presence of ore grade Nickel – Copper samples at surface and in drill core
• Historic grab sample returned up to 3.41% Ni, 1.14% Cu, 1.2 ppm Ag and 0.13%

•  Phase One, 3 of 15-hole Drill Program, is focused on determining the relationship to High Li Zone on the adjacent Jindalee Property
• Exploration team is optimistic, as the third hole drilled demonstrated as thick sequence of claystone/siltstone with minimal overburden
• Geologic data from core logging is being combined with surface geologic mapping previously completed on the property. The goal is creation of a preliminary geologic model of the target sedimentary sequence
• Results from split core delivered ALS Chemx are pending, when received and combined with geologic learnings from which will inform next steps as Victory pursues its theory that the down dropped clay presents an opportunity to locate the extension of the lithium clays ‘buried at depth’

• Drill Program is focused on Relationship to High Li Zone to adjacent Jindalee Property
• Exploration team completes first hole to 417ft, and upon visual results, gains confidence toward its theory that the down dropped clay presents an opportunity to locate the extension of the lithium clays ‘buried at depth’
• Deposits ‘buried at depth’ are anticipated to be preserved from surface erosion and weathering.

• Drill Program will Focus on Relationship to High Li Zone on adjacent Jindalee Property
• Victory is pursuing a strategy based upon its theory that the down dropped clay presents an opportunity to locate the extension of the lithium clays ‘buried at depth’
• Deposits ‘buried at depth’ are anticipated to be preserved from surface erosion and weathering. This helps to maintain grade and total thickness

• Drill Permit Announced in December for up to 15 holes
• Drill Program will Focus on Relationship to High Li Zone to adjacent Jindalee Property

• IP Survey Outlines Several Significant Anomalies
• Exploration Target is Alkalic CU-AU Porphyry Style Mineralization
• Mal East Anomaly Highest Priority Target

• Following Extensive Exploration and Analysis Smokey Lithium Exploration Team Set to Begin Drill Program
• Drill Program will Focus on Relationship to High Li Zone to adjacent Jindalee Property

PRELIMINARY RESULTS INDICATE THAT THERE IS A SIGNIFICANT CHARGEABILITY ANOMALY TO THE EAST OF THE MAL PROSPECT