Site Preparations Completed For Drilling The Loner Property


VANCOUVER - Victory Resources Corporation has completed site preparations for the short hole drill program on the Loner Property in Nevada. Minor road repairs and diamond drill site preparations have been completed at the Loner Property. The site is ready to start a 7-10 short-hole diamond drill program to test the historically mined vein area and investigate wall rock mineralization.

Highlights: Victory exploration team has completed site preparations for Loner Drilling Program; The diamond drill rig is mobilized and drilling will commence, subject to weather conditions, on the Loner Property early this month; and Short hole drilling program at Loner Property is intended to confirm intersections of gold-bearing quartz vein that correlates with historical underground mining and mapped surficial gold occurrences.

"We are excited to advance the short hole drill program on the Loner Property," said David Deering, Director and Vice President of Exploration. "The weather trend is improving and work on access to the site is now complete allowing our team to ready all other aspects of the drilling program which we developed and advanced sequentially over the last three months."

The first pass drilling program at Loner Property is intended to confirm intersections of gold-bearing quartz vein that correlates with historical underground mining and mapped surficial gold occurrences. It is anticipated the drill program will demonstrate broader mineralization across the width and depth of the occurrence which remains open in all directions.

Previously reported, the strong gold and arsenic geochemical anomalies are coincident with the exposed mineralization and historic workings. It is anticipated that the drill program may define the anomalies more extensively through-out the target area. This first pass drilling work will evaluate the best and most productive way to advance the project in the most targeted fashion.