Sampling Program Reveals Highly Anomalous Zone At Smokey Property

VANCOUVER - Victory Resources Corporation reported strong initial results of its previously announced extensive sampling program on its Smokey Lithium property in Esmeralda County, Nevada. Highlights of the Smokey Lithium Mapping and Sampling Program: Sampling indicates several areas of high Li values in the claystones up to 1500 ppm Li; The southwest area of the Smokey Lithium property showed values well over 1000 ppm, Li sampling in this area revealed a highly anomalous zone approximately 1.5 km across; and The central area also features elevated Li values and may be related to the high Li zone on the adjacent Jindalee Property.

"These results are significant, validating Smokey Lithium and providing a focal point for Victory's exploration team, whom have been extremely active in Nevada over the last few months advancing our properties at a rapid pace," said Victory President and CEO, Mark Ireton.

Victory's exploration team completed the mapping and sampling program in June 2021 using both a Laser Induced Breakdown Spectroscopy (LIBS) Analyzer and the collection of claystone samples, to complete the planned program announced on June 15th. Claystone samples have been submitted to ALS Labs in Tucson to further validate results.