Business
Victory Battery Metals Receives Drill Permit Approval for Its Smokey Lithium, Nevada Property
Victory's amended drill permit for its Smokey Lithium, Nevada Property has been approved, allowing the Company to advance its drilling program New drill hole lo
About this update from Maverick Gold And Silver Corporation
[{"type":"text","content":" Victory's amended drill permit for its Smokey Lithium, Nevada Property has been approved, allowing the Company to advance its drilling program New drill hole locations have been selected to extend strong lithium mineralization intersected previously on the property in hole 09 within the area of interest outlined in detail in the Company's press release dated 20 October 2022 Combining results from field mapping, surface sampling, drilling and Tromino passive seismic studies, Victory's focus is on a 2-3km sq. area with lowered risk, having a high likelihood to intersect lithium rich clays via drilling, and may indicate maiden resource potential VANCOUVER, BC / ACCESSWIRE / March 8, 2023 / Victory Battery Metals (CSE:VR) (FWB:VR61) (OTC PINK:VRCFF) (\"Victory\" or the \"Company\") is pleased to announce that the Company has received drilling permit approval for its Smokey Lithium Property in Nevada. \"We are thrilled to receive approval for our advanced drill program on our Smokey Lithium property,\" said Victory President and CEO, Mr. Mark Ireton. \"As announced last week, in anticipation of approval for drilling newly identified hole locations in the area of interest contiguous with the southwest part of the original claim block, we have secured all the resources required to launch our drilling program in the near future, weather depending.\" Victory's amended drill permit application includes the new high quality drill targets. The program seeks to extend strong lithium mineralization intersected previously on the property's hole 09, which ended in strong, claystone hosted, lithium mineralization at 417 feet. The new drill targets are a perfect combination of step out drilling on previous a mineralized intersection along with grassroots targets of claystone sediments within the Weepah Detachment fault and underlying claystones of the Esmeralda Formation. The project area and surrounding lands show strong lithium mineralization with the Esmeralda Formation at surface. When combined with the highly encouraging results from Victory's first round drilling (completed in 2022) the project area is highly prospective. About Smokey Lithium, Nevada Victory's Smokey Lithium project is a clay lithium property that lies approximately 20 miles north of Clayton Valley, to the west of American Lithium's flagship lithium project. Smokey Lithium...