InvestmentPitch Media Video Discusses Victory Battery Metals’ Completion of Successful 4-hole Drill Program on its Smokey lithium Property in Nevada

VANCOUVER, British Columbia, May 03, 2023 (GLOBE NEWSWIRE) -- Victory Battery Metals Corp. (CSE:VR) (FSE:VR6) (OTCPink:VRCFF), a diversified investment corporation with mineral interests in North America, has completed its 2023 spring drill program at its Smokey Lithium property in Nevada. The Smokey Lithium property is located in Esmeralda County, a prolific region for clay lithium deposits, 20 miles west of American Lithium’s flagship lithium project.

A Media Snippet accompanying this announcement is available by clicking on the image or link below:

For more information about this news, please view the InvestmentPitch Media video. The video is available for viewing on “InvestmentPitch” or on “YouTube”. If the link is not available, please visit www.InvestmentPitch.com and enter “Victory” in the search box.

It is approximately 20 miles north of Clayton Valley, home to the only producing lithium operation in the US at Silver Peak, along with nearby Noram, Spearmint, and Enertopia projects. The property surrounds the Jindalee Clayton North property on three sides, with excellent access and relatively flat ground.

Mark Ireton, President and CEO, stated: “Our team has reviewed the onsite findings and have determined that this drill program moved the project from an early-stage project towards an advanced stage project. The culmination of 3 years of geological study, surface sampling and drilling has confirmed that the project is underlain by thick sections of claystone rocks. Assay results from the 2022 drill program clearly show that these claystones are in fact mineralized with lithium. The project has now passed the all the important milestones to date in proving there are the right type of rocks underlying the property, and that these rocks contain robust lithium. This program is a significant advance in establishing a deposit at Smokey Lithium and we eagerly await the assay results from this drilling.”

The company drilled 4 holes for a combined total of 1,966.5 feet, which were selected to extend strong lithium mineralization, intersected in Hole-09 from the initial drill program in 2022, which ended in significant, claystone hosted, lithium mineralization at 417 feet. Combining results from field mapping, surface sampling, drilling and Tromino passive seismic studies, the company developed proprietary maps showing highly detailed visual cross sections to understand the faulting that would bound the deposit’s edges.