Victory Battery Metals Corp. (CSE:VR) (FWB:VR61) (OTC PINK:VRCFF) (“Victory” or the “Firm”) is happy to announce that the Firm has staked 953 hectares, increasing its Tahlo Lake Property in British Columbia’s prolific Babine Copper-Gold Porphyry District to 1,688 hectares.The Tahlo Lake property is 8 km northwest of American Eagle Gold’s (AE) NAK Property.
- Victory has staked an extra 953 hectares at its Tahlo Lake property to cowl extremely anomalous gold in until samples to the north and south of the unique property
- The bottom additionally covers extra of the linear magnetic excessive which will point out intrusives
- British Columbia’s Babine Copper-Gold Porphyry District comprises American Eagle Gold Corp.’s (AE)’s NAK property, the Morrison deposit and the historic Bell & Granisle mines
Tahlo Lake Property Highlights
- The Tahlo Lake Property now consists of 1,688 hectares, 8km NW of the NAK Property and 16km NW of the Morrison Deposit
- The Tahlo Lake Property is adjoining to the identical NNW trending fault because the Morrison deposit and underlain by Jurassic Hazelton Group rocks
- Babine porphyry deposits, equivalent to NAK, Morrison, Bell and Granisle, are hosted by Jurassic strata and related to main NNW trending faults.
- The property overlies a big NNW trending magnetometer excessive throughout the Hazelton Group rocks. Porphyry Cu-Au mineralization within the Babine camp is usually related to magazine highs
“Our Geology crew has expanded and staked further floor on our Tahlo Lake property, following extra evaluation on this space, together with promising historic findings throughout the Babine copper-gold porphyry district,” mentioned Mr. Mark Ireton, Victory Assets President. “With this expanded floor, our crew is working to develop an exploration plan to advance the Tahlo Lake property.”
About The Tahlo Lake Property
- 1688 hectare property lies throughout the Babine Copper-Gold Porphyry District that comprises American Eagle’s NAK Property (TSXV: AE)
- A regional geochemical survey silt pattern within the middle of the property returned over the 96th percentile for Cu and over the 98th percentile for Zn. Surrounding RGS samples type a cluster of elevated Cu and Zn values
- Noranda reported a linear soil anomaly roughly 50 m x 500 m, trending NNW, with Cu values starting from 60 to 720 ppm Cu to the southwest of the realm drained by the extremely anomalous silt pattern website. Noranda by no means adopted up on the anomaly and no work has been reported since
- A regional until pattern taken about half a kilometer east of the soil anomaly returned elevated Cu and extremely anomalous Zn (>98th percentile). A until pattern about 2 km down ice from this website on the returned over the ninety fifth percentile for Au.
- One other until pattern on the newly staked property returned 49 ppb Au, which is over the 98th percentile for the area
The technical data contained on this information launch has been reviewed and authorized by Mr. Helgi Sigurgeirson, Victory Geologist, who’s a Certified Individual as outlined beneath Nationwide Instrument 43-101.
For additional data, please contact:
Mark Ireton, President
Phone: +1 (236) 317 2822 or TOLL FREE 1 (855) 665-GOLD (4653)
E-mail: information@victorybatterymetals.com
About Victory Battery Metals Corp.
VICTORY BATTERY METALS CORP. (CSE: VR) is a publicly traded diversified funding company with mineral pursuits in North America. The corporate can be actively looking for different exploration alternatives.
Neither the Canadian Securities Change nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the Canadian Securities Change) accepts duty for the adequacy or accuracy of this launch.
Ahead Trying Statements
Sure data set forth on this information launch could include forward-looking statements that contain substantial identified and unknown dangers and uncertainties. All statements apart from statements of historic truth are forward-looking statements, together with, with out limitation, statements concerning future monetary place, enterprise technique, use of proceeds, company imaginative and prescient, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, price and plans and goals of or involving the Firm. Such forward-looking data displays administration’s present beliefs and relies on data at present obtainable to administration. Usually, however not at all times, forward-looking statements could be recognized by means of phrases equivalent to “plans”, “expects”, “is anticipated”, “price range”, “scheduled”, “estimates”, “forecasts”, “predicts”, “intends”, “targets”, “goals”, “anticipates” or “believes” or variations (together with adverse variations) of such phrases and phrases or could also be recognized by statements to the impact that sure actions “could”, “may”, “ought to”, “would”, “would possibly” or “will” be taken, happen or be achieved. Quite a lot of identified and unknown dangers, uncertainties and different components could trigger the precise outcomes or efficiency to materially differ from any future outcomes or efficiency expressed or implied by the forward-looking data. These forward-looking statements are topic to quite a few dangers and uncertainties, sure of that are past the management of the Firm together with, however not restricted to, the influence of common financial circumstances, business circumstances and dependence upon regulatory approvals. Readers are cautioned that the assumptions used within the preparation of such data, though thought of cheap on the time of preparation, could show to be imprecise and, as such, undue reliance shouldn’t be positioned on forward-looking statements. The Firm doesn’t assume any obligation to replace or revise its forward-looking statements, whether or not because of new data, future occasions, or in any other case, besides as required by securities legal guidelines.
