Consolidating Strong last few weeks and is oversold. Seller being absorbed by buyers before news
Victory Ventures starts exploration at Spirit River
2017-01-11 07:36 ET - News Release
Mr. Jeffrey Cocks reports
VICTORY BEGINS EXPLORATION PROGRAM ON THE SPIRIT RIVER LITHIUM PROJECT AND NEW CORPORATE APPOINTMENTS
Victory Ventures Inc.'s initial exploration program has begun on the Spirit River lithium project, located northwest of the Fox Creek-Swan Hills area in the Peace River district of Alberta, Canada.
Victory has a 100-per-cent undivided interest in four contiguous metallic and industrial minerals exploration permits that total approximately 36,800 hectares (91,000 acres), or about 400 square kilometres
Power Americas' collective northwestern Alberta land package now has a total of 10 adjoining exploration permits covering more than 90,000 hectares (222,395 acres), or 900 square kilometres. The newly acquired permits contain more than 1,000 well sites, including more than 200 new and deep-basin wells that were drilled since 2010. The Spirt River project now contains potential access to more than 1,900 wells, some of which contain elevated lithium brine values as documented historically in publicly available government of Alberta reports. Power Americas' exploration focus will include test assaying brine samples from the new deep-basin wells representing virgin ground that has never been tested for the lithium-in-brine content, signifying a new target of exploration for the company and its shareholders.
