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Victory Battery Metals Plans Follow-Up Exploration on High-Grade Lithium Assay Results for Smokey Lithium Project

Victory's Geology Team confirms outstanding assay results on its 23-01 hole, verifying last year's discovery, comparing favorably to American Lithium Corp.'s (T

articleMaverick Gold And Silver CorporationJune 26, 20235/company/maverick-gold-and-silver-corporation/news/victory-battery-metals-plans-follow-up-exploration-on-high-grade-lithium-assay-results-for-smokey-lithium-project
Victory Battery Metals Plans Follow-Up Exploration on High-Grade Lithium Assay Results for Smokey Lithium Project

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[{"type":"text","content":" Victory's Geology Team confirms outstanding assay results on its 23-01 hole, verifying last year's discovery, comparing favorably to American Lithium Corp.'s (TSXV: LI) (OTCQB: LIACF) infill drilling results at the TLC Li claystone deposit.1 Victory is now planning to define the subsurface extensions of the thick claystone interval reported in diamond drill hole (DDH) 23-01 at Smokey Lithium, which is 22 miles southwest of American Lithium Corp.'s TLC deposit. VANCOUVER, BC / ACCESSWIRE / June 26, 2023 / Victory Battery Metals (CSE:VR) (OTC PINK:VRCFF) (FWB:VR6) (\"Victory\" or the \"Company\") is extremely pleased to provide additional information from its Phase 2 drilling program at its Smokey Lithium Nevada property, demonstrating high-grade Li claystone mineralization over significant widths, comparing favorably to American Lithium's (TSXV: LI) (OTCQB: LIACF) previously reported \"high-grade\" in-fill drilling results for their TLC claystone Li deposit.1 Victory is currently planning a follow-up exploration and drilling program on their 100% owned Smokey Lithium Project in Nevada, where a thick sequence of high-grade claystone lithium mineralization was reported in diamond drill hole 23-01, presented in Table 1. Table 1. High-Grade Claystone Li Intervals DDH 23-01 Drill Hole ID Top (m) Bottom (m) Interval (m) Grade (Li ppm) Lower Cut (Li ppm) DDH 23-01 127.0 160.8 33.8 1149 600 including 132.3 158.1 25.8 1267 600 The results of this hole, using a 600 ppm Li cut-off, compare well with high-grade infill resource holes reported by American Lithium Corp. on April 3, 2019, at their TLC lithium claystone project in the same richly mineralized Esmeralda lithium belt in Nevada, as presented in Table 2. Table 2. * High Grade Claystone Li Resource Infill Holes - American Lithium Corp. TLC Deposit Drill Hole ID Top (m) Bottom (m) Interval (m) Grade (Li ppm) Lower Cut (Li ppm) TLC-1902 27.4 63.8 36.4 1,084 600 TLC-1903 41.1 83.8 42.7 994 600 TLC-1904 24.4 68.6 44.2 934 600 * https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1928-tsx-venture/li/60330-american-lithium-confirms-tlc-project-discovery-with-latest-high-grade-results.html Highly attractive high-grade Li claystone deposits of the rich Esmerelda lithium belt in mining-friendly Nevada are represented by large volumes of open-pittable, near-surface, relatively ...

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