OTCPK:IDIG - Post by User
Post by
robbieeon Mar 05, 2008 10:08am
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Post# 14598724
Re:Borehole License
Re:Borehole LicenseVictory Nickel Announces That Manitoba Recognizes Validity of Borehole Licence
TORONTO, ONTARIO, Mar 05, 2008 (MARKET WIRE via COMTEX News Network) --
Victory Nickel Inc. ("Victory Nickel" or the "Company") (TSX: NI) (www.victorynickel.ca) today announced that it has been informed by the Government of Manitoba that Manitoba recognizes the validity of the Borehole Licence (the "Licence") issued to the Company on December 14, 2007 and that the Company is in compliance with the terms of the Licence. Drilling on Victory Nickel's Minago nickel property is continuing as planned.
The Company is pleased that its drill program at Minago will be able to continue uninterrupted. In total, 4,300 metres of the budgeted 10,000-plus metre diamond drill program is now complete, and drilling is expected to be finished by the end of the winter drilling season.