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Victory Resources Files Notice of Operations for Loner Property in Nevada
COMPANY PLANS 500m SHORT-HOLE DRILL PROGRAM TO BEGIN IN LATE JANUARY VANCOUVER, BC / ACCESSWIRE / January 6, 2021 / Victory Resources Corporation (CSE:VR) (FWB:
About this update from Maverick Gold And Silver Corporation
[{"type":"text","content":" COMPANY PLANS 500m SHORT-HOLE DRILL PROGRAM TO BEGIN IN LATE JANUARY VANCOUVER, BC / ACCESSWIRE / January 6, 2021 / Victory Resources Corporation (CSE:VR) (FWB:VR61) (OTC PINK:VRCFF) (\"Victory\" or the \"Company\") is pleased to announce that it has filed a \"Notice of Operations\" toward permitting for a 500m short hole drill program on the Company's recently optioned Loner Property in Nevada, schedule to begin in late January, permit depending. \"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\" stated Mr. David R. Deering, P.Eng., VP Exploration, and a Director of Victory Resources. Highlights: Victory has filed \"Notice of Operations\" toward permitting for commencement of drilling on Loner Property First pass drilling program aims to confirm intersections of gold-bearing quartz vein with historical workings Permit pending, Victory intends to begin 500m short-hole drill program in late January As previously reported, the strong gold and arsenic geochemical anomalies are coincident with the exposed mineralization and historic workings. \"This indicates that the drill program may define the anomalies more extensively through-out the target area\" said Deering. \"This first pass drilling work will evaluate the best and most productive way to continue bringing the project forward over the coming year\" Mr. Deering is the Qualified Person for the Company's projects as defined by National Instrument 43-101 and has approved the technical disclosure contained in this news release. About the Loner Property: The Loner Property is located 35 km south of Winnemucca in the southern Sonoma Range and currently consists of 16 Federal Lode Claims covering historic workings and exposed low-sulphidation gold mineralization. Recent exploration in the area includes the Goldbanks Project, an epithermal gold project about 12 miles to the south, and the Coronado VMS Project, which has been exploring for Cu on a property about 6 miles to the southeast of the Loner Property. The area of the Loner Property is prospective for both these styl...