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Victory Metals Commences Phase II, 10,000 Meter Drill Program at its Iron Point Vanadium Project, Nevada
Victory Metals Commences Phase II, 10,000 Meter Drill Program at its Iron Point Vanadium P...
About this update from Nevada King Gold Corp
[{"type":"text","content":"\n\n\n\nVictory Metals Commences Phase II, 10,000 Meter Drill Program at its Iron Point Vanadium Project, Nevada\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, May 27, 2019\n\n\n\nVANCOUVER, May 27, 2019 /CNW/ - Victory Metals (\"TSX-V:VMX\") (\"Victory\" or the \"Company\") is pleased to announce commencement of a Phase II, 10,000 meter drill program to further define vanadium mineralization at its Iron Point Vanadium Project in Nevada. \nHighlights:\nThe Phase II program will consist of 49 holes (approximately 10,000 meters) utilizing two reverse circulation rigs and one diamond drill rig. These rigs have been mobilized to the project. The program is designed to infill zones of vanadium mineralization defined in the Company's Phase I maiden drill campaign, as well as to test lateral and downward extensions of these zones. The program will also provide sample material for the next phase of metallurgical test work.  The diamond drill will be utilized for approximately 10 of the 49 planned holes, and these 10 core holes will be distributed over the project area to provide representative metallurgical samples of the vanadium mineralization. Mine Development Associates (\"MDA\"), a highly respected resource estimation and engineering firm based in Sparks, Nevada, has designed the Phase II program based on preliminary geostatistical analysis of the Phase I results, with the objective of ensuring the drill spacing after Phase II will be sufficient for a resource estimate predominantly in the measured and indicated category. Collin Kettell, Chief Executive Officer, stated: \"Our team's rapid advancement at Iron Point continues at full steam with the commencement of our Phase II drill program. In a span of nine months, we will have completed over 18,000 meters of drilling in addition to positive preliminary metallurgical testwork. The Phase II program will provide representative samples from throughout the zones of mineralization, allowing us to more comprehensively define the metallurgical characteristics to support advancement of the e...