VVN PROPERTIES:

COPAU PROPERTY, ISKUT, BRITISH COLUMBIA, CANADA

Victory Ventures commenced a diamond drilling program June 2, 2013, at its highly prospective Copau Property in the heart of one of Canada’s most exciting and active exploration areas following the significant copper-gold drilling discovery announced by Colorado Resources in late April, 2013.

Copau, strategically situated between Colorado’s North ROK Property to the east and Imperial Metals’ massive Red Chris Cu-Au porphyry deposit to the south, has never been previously drilled and offers considerable exploration upside for the potential discovery of skarn hosted Cu-Au mineralization or an alkalic Cu-Au porphyry deposit.

  • Drilling will test a strong and widespread IP chargeability anomaly covering an area at least 1200 metres long and 300 to 400 metres wide (open to the south and west);
  • Victory’s geological team believes that the chargeability anomaly likely results from increasing sulphide content within an interpreted southwest dipping syenite body, possibly accompanied by enhanced sulphide content resulting from hydrothermal activity;

  • A ground magnetic survey carried out in 2011 located a pronounced northwest-southeast linear-trending magnetic anomaly throughout much of the claim area;

  • While there is generally little rock outcrop in this region, several occurrences of sulphide mineralization have been discovered at surface at Copau including pyrite, chalcopyrite and magnetite;
  • Copau lies at the intersection of two major regional faults
  • Property has easy road access and lies in low accessible country
  • Close proximity to a world class Cu-Au porphyry at Red Chris

Victory optioned the Copau claims, totaling nearly 500 hectares, in December, 2011

SPIRIT RIVER, ALBERTA, CANADA

In August 2016, the Province of Alberta approved the transfer to Victory Ventures of a 100% undivided interest in four contiguous metallic and industrial minerals exploration permits covering four townships northwest of the Fox Creek-Swan hills area in the Peace River District of Alberta.

The exploration permits encompass an area approximately 36,800 hectares (91,000 acres) or about 400 square km (144 sq. miles). There are more than 800 well sites within the permitted area as documented by the Province of Alberta, which of some are producing wells with lithium content in well brines. The Spirit River acquisition area is within MGX Minerals’ Peace River Arch South area of Permits and contingent southeast to their Pouce Coupe sub-Property.

The Energy Industry is active year round within the Spirit River, which is fully serviced with major infrastructure of roadways, power, wellheads, waste water well injection sites and lodging/equipment services. An early stage program targeting the lithium brines in the new deeper wells drilled since 2010 will represent a new exciting frontier of exploration for the Company and its shareholders.

 

 

 

 

 


Victory Ventures Inc., 2138 Nanton Avenue, Vancouver, BC V6L3C7
Tel: 604-377-8994 | Fax: 604-687-4778 | Email: click here