305 0 Kommentare VICTORY BATTERY METALS DELIVERS LETTER TO SHAREHOLDERS OUTLINING ACTIVE EXPLORATION PROGRAMS AND PLANS

VANCOUVER, BC, CANADA, June 29, 2023 (GLOBE NEWSWIRE) --

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

VANCOUVER, BC, CANADA (June 29th, 2023) – Victory Battery Metals Corp. (CSE: VR) (FWB: VR6) (OTC: VRCFF) (“Victory” or the “Company”) is pleased to provide its shareholders with an update on the Company’s recent exploration highlights, led by its high-grade discovery at Smokey Lithium Nevada.

Dear Shareholders:

Victory’s exploration team is fully deployed, advancing the Company’s strong portfolio of strategic battery metal properties, featuring Smokey Lithium in Nevada on the Esmeralda foundation, a prolific region for lithium clay deposits, including those held by American Lithium (TSX: V:LI), Noram (TSXV: NRM), Century Lithium (TSXV: LCE), and adjacent to Jindalee’s (ASX: JRL) Clayton North property, its Stingray Property Array in the James Bay Lithium District, adjacent to Patriot Battery Metals (TSXV: PMET) Corvette Lithium discoveries, as outlined below:

SMOKEY LITHIUM, ESMERALDA COUNTY, NEVADA

Victory’s Smokey Lithium project is a 5691-acre clay lithium property that lies approximately 15 miles NNW of Clayton Valley, and 25 miles to the southwest of American Lithium’s flagship lithium project. Smokey Lithium is located northwest of the Cypress Clayton Valley Lithium Project and to the southwest of American Lithium Corporation's Tonopah Lithium Claims Property in southwest Nevada

Exploration Advances – Spring Summer 2023 (Active)

On 26 June 2023 Victory’s Geology Team confirmed outstanding assay results on its 23-01 hole, verifying 2022’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.
A geophysical approach will be taken to map basement faults and potentially conductive claystone units to outline the depth and continuity of favourable thick high-grade lithium claystone units present on the property prior to the next phase of drilling.