PROJECT IN PRIME REGION FOR LITHIUM CLAY DEPOSITS - SURROUNDING DEPOSITS INCLUDE NORAM, CYPRESS, AMERICAN LITHIUM
VANCOUVER, BC, CANADA (March 18th, 2021) – Victory Resources Corporation (CSE: VR) (FWB: VR61) (OTC: VRCFF) (“Victory” or the “Company”) is pleased to announce that the Company’s has acquired, in an arms-length transaction, the Smokey Lithium Project, located in Esmeralda County, Nevada, within Big Smokey Valley.
The Smokey clay lithium project lies approximately 20 miles north of Clayton Valley, and 20 miles west of American Lithium’s flagship lithium project. The property can be accessed just off a main highway and 2-track dirt road. Esmeralda County Nevada is a prolific region for lithium clay deposits, (Noram, Cypress, American Lithium, Spearmint, Enertopia, Jindalee).
Lithium is in high demand for its applications in rechargeable lithium-ion batteries for smart phones and electric vehicles amongst others. Smokey Lithium adds a project to Victory’s portfolio in a prolific lithium region with respect to clay and brines, adjacent and contiguous to Jindalee Resources Limited (ASX: JRL). Outcropping clay on Jindalee’s property demonstrates lithium grades as high as 930 ppm and perhaps trending northwest onto to this property.
Smokey Lithium Project Highlights:
The purchase price for the 350 claims:
Scientific and technical information contained in this press release was reviewed and approved by Mr. Helgi Sigurgeirson, Victory Geologist, and a "qualified person" under NI 43-101.
For further information, please contact:
David Lane, President
Telephone: +1 (236) 317 2822 or TOLL FREE 1 (855) 665-GOLD (4653)
E-mail: [email protected]
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.
Forward Looking Statements
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