- Victory’s Smoky Lithium drilling program has completed drilling three holes and, based on field findings, has expanded the program to a fourth hole to determine the depth and width of potential lithium deposits. bottom.
- Based on the evaluation of the cores from the first three holes, we decided it would be advantageous to drill the fourth hole in the program, maximizing the use of our team and equipment on site.
- The current drilling program, expanding from 3 to 4 holes, is focused on a low-risk area of 2 to 3 km square where drilling is likely to intersect lithium-rich clays and provide an initial source of resource. It may indicate possibilities.
Victory Battery Metals (CSE:VR) (FWB:VR61) (OTC PINK:VRCFF) (“Victory” or the “Company”) announced that its exploration team has completed drilling three holes on its Smokey Lithium Nevada property I am pleased to announce that , and based on positive analysis in the field, expanded the program to include the fourth hole
“Originally planned as a three-hole program, our team evaluated the core and found a significant correlation between holes 22-09 and holes 23-01/23-03, which information I decided that I could get it by drilling 4 holes.th Victory President and CEO Mark Ireton said: , contains abundant fine-grained calcite, as noted by using hydrochloric acid during the logging process. “
The borehole location has been chosen to extend the strong lithium mineralization that will intersect with the first drilling program in 2022 at Hole 09 within the region of interest. His fourth hole in this program was specifically chosen to determine the strength of petrological correlations between holes 22-09. 23-01, 23-02, 23-03. The Victory’s Exploration team determined that the most compelling hole location to drill was hole 23-05, 1 km WSW of hole 23-03.
Core material from completed holes has been processed and shipped to ALS Reno for analysis on an ongoing basis in order of hole completion, with the core for hole 23-01 being shipped as previously announced. .
About Smokey Lithium, Nevada
Victory’s Smokey Lithium Project is a Clay Lithium property located approximately 20 miles north of Clayton Valley and west of American Lithium’s flagship Lithium Project. Smokey Lithium is located northwest of Cypress’s Clayton Valley Lithium Project and southwest of American Lithium Corporation’s Tonopah Lithium Claim property in southwestern Nevada. Esmeralda County, Nevada is an area rich in lithium clay deposits (Norum, Cypress, American Lithium, Spearmint, Enertopia, and Jindary).
Technical information contained in this news release has been reviewed and approved by Bob Marvin (PGeo), Qualified Person as defined in National Instrument 43-101.
For more information, please contact:
Mark Ayrton, President
Phone: +1 (236) 317 2822 or toll-free 1 (855) 665-GOLD (4653)
Email: Info@VictoryBatteryMetals.com
About Victory Battery Metals
Victory Battery Metals (CSE:VR) is a publicly traded diversified investment company with North American mineral interests. The company is also actively exploring other exploration opportunities.
Neither the Canadian Stock Exchange nor its regulatory service providers (as that term is defined in the Canadian Securities Exchange Policy) assumes responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Certain information in this news release may contain forward-looking statements that involve significant known and unknown risks and uncertainties. All statements other than statements of historical fact include, but are not limited to, statements regarding future financial condition, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint ventures, strategic alliances and cooperation. are forward-looking statements that are not , budgets, costs, plans and purposes of or relating to 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 involve the use of words such as “plans,” “anticipates,” “anticipates,” “budgets,” “intends,” “estimates,” and “forecasts.” can be identified by predict, “intend,” “target,” “intend,” “expect,” “believe,” or variations of such words or phrases (including negative variations), or identify may be identified by a statement to the effect that the behavior of “could”, “should”, “would”, “might”, or “will” are obtained, caused, or achieved. A number of known and unknown risks, uncertainties and other factors may cause actual results or performance to differ materially from any future results or performance expressed or implied by forward-looking information. These forward-looking statements are subject to a number of risks and uncertainties. Some of which are beyond our control, including, but not limited to, the impact of our reliance on general economic conditions, industry conditions and regulatory approvals. The reader understands that the assumptions used in the preparation of such information, which were believed to be reasonable at the time of preparation, may prove to be inaccurate and therefore should not be used as forward-looking statements. Please be careful not to place undue reliance on it. We may update or revise any forward-looking statements as a result of new information, future events or otherwise, except as required by securities laws. assume no obligations.
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