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Visible Gold Mines Inc V.VGD

Alternate Symbol(s):  VGMIF

Visible Gold Mines Inc. is a mining exploration company involved in the acquisition and exploration of mineral properties with prospects for hosting gold and lithium mineral deposits. Its projects include MegaLi Project, NataLi Project, CarLi Project, and Veronik Property. The MegaLi property (78 mining claims) is located in the region of James Bay, Quebec, covers about 3,996 hectares (ha) of mining land. The NataLi property (107 mining claims) is located in the region of James Bay, Quebec, covering about 5,667 ha of mining land package located 25 kilometers (km) west of Critical Elements' Rose lithium deposit. In CarLi Project, it owns about 125 mining claims covering an area of about 6,400 ha on the newly identified Wachiskw's intrusion. The Veronik property is located about 75 km southeast of Hecla’s Casa Berardi gold mine. The Veronik property is underlain by the mafic volcanic rocks and gabbros of the Clermont-Disson Formation, in the eastern part of the Archean Abitibi belt.


TSXV:VGD - Post by User

Post by VbayNo2on Oct 11, 2022 9:10am
277 Views
Post# 35016817

VR.c expands Property Claims alongside PMET & VGD 🧨

VR.c expands Property Claims alongside PMET & VGD 🧨

Victory Adds to Its Stingray Property Claims South of Patriot Battery Metals (CSE-PMET) Corvette Property

C.VR 
  • Victory has acquired and staked additional claims, adding to its Stingray property array in Quebec on ground adjacent to Patriot Battery Metals, (CSE-PMET) Corvette lithium discoveries
  • Expanding from 44 claims announced in July, Victory has now in total acquired, staked, and filed 49 non-contiguous claims in the highly prospective James Bay Lithium District
  • Victory's exploration team is actively pursuing additional property in the region and other promising Lithium areas in both Canada and the USA

VANCOUVER, BC / ACCESSWIRE / October 11, 2022 / Victory Resources Corporation (CSE:VR) (FWB:VR61) (OTC PINK:VRCFF) ("Victory" or the "Company") is pleased to announce that the Company's has increased its land claim holdings in the James Bay Lithium District in Quebec, bringing the total claims acquired, staked, and filed to 49. The Company's Stingray Properties are non-contiguous to the south of Patriot Battery Metals (CSE:PMET) Corvette lithium property in Quebec.

Victory's exploration team has dealt with technical issues with the Quebec mining registration system (GESTIM) and added to and relocated some if its claims to, expanding from 44 claims announced in July to a total of 49 claims. The array of Stingray Properties as per the map below indicate 4 non-contiguous holdings, south and adjacent to Patriot Battery Metals Corvette Property.

The Stingray Claims are underlain by intermediate intrusive rocks, predominately Granodiorites and Tonolites as well as some granitic rocks. Based on regional geology these intrusive rocks abut the volcanic sequence of the James Bay Greenstone belt.

As Victory's Exploration team continues to assess additional land claims in the area, it intends to conduct a geologic and surface geochemical survey together with an airborne geophysics survey on the Stingray claims.

Victory Resources Corp., Friday, October 7, 2022, Press release picture

Stingray Properties Array Map

Donald Thberge, P.Eng., M.B.A., an independent qualified person as defined in National Instrument 43-101, has reviewed, and approved the technical contents of this news release on behalf of the Company.

For further information, please contact:

Mark Ireton, President 
Telephone: +1 (236) 317 2822 or TOLL FREE 1 (855) 665-GOLD (4653) 
E-mail: IR@victoryresourcescorp.com

About Victory Resources Corporation

VICTORY RESOURCES CORPORATION (CSE:VR) is a publicly traded diversified investment corporation with mineral interests in North America. The Company is also actively seeking other exploration opportunities.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.


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