Victory Ventures Provides Corporate Update on Victory 1 and 2 Claims, Sheslay Valley
03 2월 2014 - 11:35PM
Marketwired
Victory Ventures Provides Corporate Update on Victory 1 and 2
Claims, Sheslay Valley
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 3, 2014) -
Victory Ventures Inc. (TSX-VENTURE:VVN)(FRANKFURT:VV0) (the
"Company") is pleased to provide an update on its 100% owned claims
in the Telegraph Creek area of the Sheslay Valley located in the
Stikine Mining Division of northwest British Columbia.
The two claims, named Victory 1 and Victory 2, totaling 1733.5
hectares, are located approximately 55 kilometres northwest of
Telegraph Creek and adjoin the northwest boundary of the Grizzly
property held by Garibaldi Resources Corp.
To view the map associated with this press release, please visit
the following link:
http://media3.marketwire.com/docs/victory_ventures_map01_feb3.pdf
Much has been written lately about the Sheslay Valley being
considered to be an emerging world-class copper-gold porphyry
mining camp. Garibaldi Resources Corp. announced a major expansion
of its Grizzly Property as well as the acquisition of the Hat East
and Hat East 2 claims. Garibaldi has recently announced an
aggressive 2014 exploration program including a scheduled
first-ever drill program. Double View Capital Corp. announced that
it had recently drilled 0.32% copper equivalent over 313.11 metres
and they are of the opinion that their discovery qualifies as a
copper-gold alkali porphyry-type deposit (news release dated
January 20th, 2014). Other miners in the area include Prosper Gold,
where five porphyry targets have been identified to date, Teck
Resources and Romios Gold Resources Inc.
Victory Ventures recognizes the exploration potential of the
Victory claims as well as the adjacent Grizzly property. The new
Victory 1 and Victory 2 claims are underlain by similar Stuhini
Group rocks of Upper Triassic age as found on the Grizzly property,
typically porphyritic volcanic flows with lesser tuffs and
tuffaceous siltstones. The Victory claims lie within 2 to 3
kilometers west of the Grizzly and nearby Kid mineral copper-gold
showings near the western boundary of the Triassic age Kaketsa
Pluton, which measures approximately 4 km by 5.6 km in surface
extent. Both the Grizzly and Kid showings are intimately associated
with a north to northwesterly satellitic tongue of the main body of
the Kaketsa pluton, with possible extensions onto the Victory
claims.
Victory Ventures intends to carry out an assessment of its
claims as early as possible.
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.
Victory Ventures Inc.Howard MilneDirector(604)
377-8994hdmcap@shaw.cawww.victoryventures.ca
Victory Ventures Inc. (TSXV:VVN)
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