Victory Resources Corp. is providing an update on the advancement of the Company's overall strategy and operational plan in Nevada. Victory Resources Nevada Highlights Victory secures year-round Loner property in Nevada Company has put in place drilling operation for 500m short hole drill program pending permitting Permit process has advanced to final stages with posting of bond with Bureau of Land Management Nevada [...]
Victory Resources Corp. is pleased to announce that the Company's permit application process has advanced and that the Company has received an "Acknowledgement of Receipt of Exploration Notice and Reclamation Cost Estimate" from the Bureau of Land Management , Winnemucca District Office. In response to the acknowledgement letter the Company has submitted the required payment guarantee for the bond to secure the permit to [...]
Mal-Wen Program in Late 2020 Allows for Development of Exploration Model Victory Resources Corp. is pleased to provide an exploration update with an in-depth project summary on the Company's Mal-Wen project, located in south-central British Columbia, within the eastern belt of the Nicola Group. "Recent work on the Mal-Wen property has led to the development of an exploration model in which the Mal and Wen Prospects are [...]
Victory Resources Corp. is pleased to announce that Victory has finalized its planned drill program and signed a contract for the work to begin upon finalization of permit. The planned program is for 7 to 10 diamond drill holes totalling 500m. The drilling is to accomplish two goals. Firstly, it is intended to better characterize the mineralization exposed in the known workings, which are mostly inaccessible. Secondly [...]
Victory Resources Corporation is pleased to announce a non-brokered private placement of up to $500,000 by the issuance of units at $0.075, each unit consisting of one common share and one warrant entitling the holder to subscribe for one additional common share at $0.08 for 2 years, subject to the right of the Company to accelerate expiry of the warrants in the event that its shares trade at $0.15 for a period of 10 [...]
Victory Resources Corporation is pleased to announce that it has extended the expiry date of an aggregate of 4,210,000 previously issued warrants for an additional 1 year. The Warrants were originally issued January 29, 2019, with an original expiry date of January 29, 2021. The 4,210,000 Warrants entitle the holder to purchase a common share of the Company at an exercise price of $0.375. The exercise price of the [...]
Victory Resources Corporation is pleased to announce that the Company's project geologist and driller have conducted their reconnaissance toward the Company's anticipated 500m short hole drill program on the Company's recently optioned Loner Property in Nevada as previously announced, permit depending. The project geologist and the driller did a reconnaissance of the Loner site on January 12th and determined that the [...]
COMPANY PLANS 500m SHORT-Victory Resources Corp. is pleased to announce that it has filed a "Notice of Operations" toward permitting for a 500m short hole drill program on the Company's recently optioned Loner Property in Nevada, schedule to begin in late January, permit depending. "The first pass drilling program at Loner Property is intended to confirm intersections of gold-bearing quartz vein that correlates with [...]
Victory Resources is pleased to announce that it has optioned the Loner Property in Nevada, USA, from Silver Range Resources. The Loner Property is located 35 km south of Winnemucca in the southern Sonoma Range and currently consists of 16 Federal Lode Claims covering historic workings and exposed low-sulphidation gold mineralization. Bedrock grab sampling to date has returned up to 16.6 g.t Au and chip sampling in old [...]
Victory Resources is pleased to announce the appointment of Mr. David Deering, B.Sc. degree in Mining Engineering, to its Board of Directors and to the role of VP Exploration. "We are excited to welcome David to the Victory team, his experience and leadership are necessary as the Company is advancing on its current exploration plans with structured work programs in the future," said Victory CEO, Mr. David Lane. "With [...]
Victory Resources is pleased to announce the arms-length acquisition of the Lac Simard Property in Quebec from Archie Capital Inc. The Lac Simard Property is approximately 5 km south of Val-d'Or. The Property abuts the southern edge of Agnico Eagle's Goldex claim block. There are 3 operating gold mines within 20 km of the Property including Agnico Eagle's Goldex and Canadian Malartic mines and Eldorado Gold's Lamaque [...]
Victory Resources is pleased to announce the closing of its previously announced non-brokered flow-through unit financing. The Corporation raised gross proceeds of $178,000 through the sale of 1,780,000 equity units. The placement consists of units priced at $0.10 each, with each unit consisting of one flow-through common share and one warrant exercisable for 2 years from closing at an exercise price of $0.15. The Company [...]
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