Victory Ventures Inc. (the "Company") (TSX VENTURE:VVN)(FRANKFURT:VV0) is
pleased to report the recent acquisition, subject to regulatory approval, of the
Fortuna mineral property ("Fortuna Property"), located 60 kilometers north of
Kamloops, BC.


The Fortuna Property is an all-weather, road accessible mineral property,
located 12 kilometres east of Highway 5 and east of the community of Louis
Creek, BC. The main mineral zones are exposed on the steep slopes north of the
main access road following eastward from Louis Creek. The 608.9 hectare property
was acquired from Victory Ventures president, Mr. Dennis Vigouret, for a cash
payment of $3,156.


The general exploration target is that of a volcanogenic massive deposit type
(copper-lead zinc). The main area of mineralization lies within three zones of
prominent rock alteration with locally intense silicification and sericitization
of the host rocks. The primary sulphide mineralization is pyrite with local
concentrations of galena and chalcopyrite. The mineral zones are hosted in
northwest trending and northeast dipping chloritized schists and metasediments
belonging to the Devonian to Mississippian age Eagle Bay assemblage.


The Fortuna Property saw early exploration in 1907/08, with the establishment of
five crown granted mineral claims and the development of three adits, totalling
143 metres. The main adit (East Zone), now caved, was 128 metres long and
intersected three zones of massive pyrrhotite with widths of between 0.6 metres
to 4.8 metres wide, near the end of the adit. It is reported that the pyrrhotite
bands contained high values in copper, nickel, gold, silver and platinum,
however, such values cannot be substantiated until future diamond drilling is
carried out to test the now inaccessible sulphide zones.


Surface grab samples of the best mineralization analyzed as high as 1.2% copper,
0.33% zinc, 14.6 grams per tonne silver, 0.45 gram per tonne gold and 0.47 per
cent lead (Assessment Report 15438).


It is the intention of the Company to carry out an immediate geological and
rock-sampling examination of the Fortuna mineral property, with the intent of
furthering the exploration potential of the property through geophysical surveys
(magnetometer, EM) and ultimate diamond drilling of favorable targets.


Following completion of one diamond drill hole on its Iskut area Copau property,
the Company is currently planning for more diamond drilling to test the
prominent magnetic anomaly situated on the west side of the property. Drill hole
VC13-01 was drilled to a depth of 472 meters, but was located too far south to
test the magnetic anomaly. Proposed drill holes, requiring helicopter support,
are planned to test the strong northwest magnetic anomaly, which measures at
least 800 meters long with indicated widths of 200 meters to 300 meters wide.
The testing of the magnetic anomaly is scheduled to be carried out by early
August of this year.


Qualified Person

Mr. Greg Thomson, P.Geo. is the Qualified Person as defined by National
Instrument 43-101. Mr. Thomson is a director for the Company and has reviewed
and approved the technical information contained in this news release.


On behalf of the Board of Directors:

Howard Milne, Director

Victory Ventures Inc. is a Canadian-based junior mining exploration company
focused on the procurement, exploration and development of precious metal
properties in North America. The Company's Shares are listed and posted for
trading on the TSX Venture Exchange under the symbol "VVN" and on the Frankfurt
Exchange under the symbol "VV0".


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Victory Ventures Inc.
(604) 377-8994
hdmcap@shaw.ca
www.victoryventures.ca

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