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Victory Metals Inc.
Summary
| Project: | Iron Point | |
|---|---|---|
| Deposit: | Iron Point | |
| Location: | United States | |
| Commodities: | Vanadium | |
| Date: | 3/3/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-3-2020: Victory Metals Inc. announces an Exploration/Drilling Update report for its Iron Point deposit at the Iron Point project. Drilling results incl. 24.9m @ 0.42% V2O5, 0.23% V from 93.8m. VANCOUVER, March 3, 2020 /CNW/ - Victory Metals Inc. ("TSX-V | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Calvin Herron (Not stated) | |
| ABSTRACT: | VANCOUVER, March 3, 2020 /CNW/ - Victory Metals Inc. ("TSX-V: VMX") ("Victory" or the "Company") is pleased to announce assay results from the second set of holes completed during the 53 hole Phase II drilling program at its Iron Point vanadium project, Nevada. Today's release includes eleven holes (nine reverse circulation and two PQ diamond drill holes) that targeted the northern portion of the Iron Point vanadium zone and were drilled as both vertical and angle holes. These holes were recommended by Mine Development Associates (Sparks, NV) to better define the outer limits of mineralization and in-fill several gaps in last year's Phase I drill pattern where lateral correlation of mineralized zones remained unclear. The collar locations of the eleven holes released today are shown in Figure 1. Four of these holes are shown in two drill sections oriented in a northwest and northeast direction (Figures 2-3, Sections J-J' and K-K') crossing the northern half of the historical vanadium mineralized zone. Similar to the results achieved during the Phase I program last year, all of these holes demonstrate good lateral continuity and confirm the near surface, flat-lying nature of vanadium mineralization at the deposit scale. | |
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