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Project: | Iron Point | |
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Deposit: | Iron Point | |
Location: | United States | |
Commodities: | Vanadium | |
Date: | 4/10/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 10-4-2019: Victory Metals Inc. announces an Exploration/Drilling Update report for its Iron Point deposit at the Iron Point project. Drilling results incl. 27m @ 0.46% V2O5. VANCOUVER, April 10, 2019 /CNW/ - Victory Metals Inc. ("TSX-V:VMX") ("Victory" or | |
Resources: | x | |
CP/QP: | [Overall Report]: Calvin Herron (Not stated) | |
ABSTRACT: | VANCOUVER, April 10, 2019 /CNW/ - Victory Metals Inc. ("TSX-V:VMX") ("Victory" or the "Company") is pleased to announce final assay results from an additional 17 reverse circulation ("RC") holes completed at its Iron Point Vanadium Project, located 22 miles east of Winnemucca, Nevada. Victory has now released results for all 69 RC holes from a planned program of 69 RC holes and 4 diamond drill holes. The 17 RC drill holes reported today include both vertical and angle holes that were drilled in the southern extent of the historically identified, vanadium mineralized zone (see Figure 1). In addition, several step-out holes, which are step-outs to the south of the historic zone, encountered vanadium mineralization that significantly expands the mineralized system in this direction. As per earlier released results, this drilling continues to demonstrate strong vanadium mineralization grades and continuity. Based upon the continuing footprint expansion of vanadium mineralization, Victory has added 96 claims or 1,800 acres to the Iron Point project. The extent of the property area now totals 690 claims or 13,300 acres. Vanadium results from a number of the currently released drill holes are plotted on a north-south section (see Figure 2, Section G-G') and continue to demonstrate the strong continuity of mineralization in flat lying zones that extend over a large area. | |
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