Skip to main content

InvestmentPitch Media Video Discusses Victory Battery Metals and its New Exploration Program on its Georgia Lake Lithium Project in Ontario

Written by Customer Service on . Posted in Public Companies.

VANCOUVER, British Columbia, March 07, 2023 (GLOBE NEWSWIRE) — Victory Battery Metals Corp. (CSE:VR) (FSE:VR6) (OTCPink:VRCFF), a diversified investment corporation with mineral interests in North America, is preparing to start an exploration program for its Georgia Lake Lithium Project in the Thunder Bay District in Ontario. Victory’s exploration team has designed a work program to advance the Georgia Lake Lithium property. Currently, the Company is soliciting bids to fly a magnetometer survey over its Georgia Lake Property to determine whether mica granite bodies can be identified within the metasediments.

A Media Snippet accompanying this announcement is available by clicking on the image or link below:

For more information about this news, please view the InvestmentPitch Media video. The video is available for viewing on “InvestmentPitch” or on “YouTube”. If the link is not available, please visit www.InvestmentPitch.com and enter “Victory” in the search box.

Once the magnetometer survey has been completed, a field crew will mobilize onto the property in early June to begin prospecting, rock sampling, reconnaissance mapping, as well as overburden mapping and sampling.

Victory’s Georgia Lake Lithium Project is located 2 km east of Rock Tech Lithium’s advanced lithium project, within the Georgia Lake lithium district. It is easily accessible, ranging anywhere from 1 to 3 km from the Trans-Canada Highway, 14 km south of Beardmore, which is a hub for the mining industry in Northern Ontario. In addition to external access, much of the project area is accessible through a developed network of logging roads, which should lower exploration costs.

Rock Tech filed a Technical Report in 2022 with an Indicated Mineral Resource estimate of 10.60 million tonnes at a grade of 0.88% Li20 and an Inferred Mineral Resource of 4.22 million tonnes at a grade of 1.0% Li20. Rock Tech is building a lithium ore processing facility for custom milling in Thunder Bay, to be online in early 2024, which with Ontario Government support will support mineral processing from other nearby lithium mines.

Georgia Lake pegmatite field consists of multiple spodumene pegmatites, with the first discovery of spodumene, a lithium bearing mineral, made in 1955. In the Georgia Lake Lithium District, spodumene bearing pegmatites occur almost entirely within metasediments, usually spatially associated with mica bearing granitic rocks. Regional mapping in 1965 indicated that Victory’s property is largely underlain by metasediments, with pegmatites and mica granites reported to the south, west and east of the property.

Mark Ireton, President and CEO, stated: “The Georgia Lake Lithium project is a strong lithium play in a proven lithium region, supported through a renewed focus from the Government of Ontario, with their continued development of infrastructure to grow the Thunder Bay District, which increases accessibility and will allow us to realize the full potential of any commercially viable deposits within the project.”

According to a report by Benchmark Mineral Intelligence, the current supply gap for lithium is expected to increase further in coming years.

The company is also actively seeking other exploration opportunities to add to its portfolio of lithium, gold, silver and other precious metal properties.

The shares are trading at $0.08. For more information on the company and its other properties, please visit the company’s website www.VictoryBatteryMetals.com, contact Mark Ireton, President and CEO, at 236-317-2822 or by email at info@VictoryBatteryMetals.com.

About InvestmentPitch Media

InvestmentPitch Media leverages the power of video, which together with its extensive distribution, including a news release service, to position your company’s story ahead of the 1,000’s of companies seeking awareness and funding from the financial community. The company specializes in producing short videos based on significant news releases, research reports and other content of interest to investors.

Disclaimer

The information in this InvestmentPitch Media Ltd video is for the viewers information only. Victory Battery Metals has paid a fee not exceeding $2,000 in cash to have its current news release produced in video format. The corporate information is based on information that is publicly available. Any information provided by InvestmentPitch Media Ltd, through its media services is not to be construed as a recommendation or suggestion or offer to buy or sell securities but is provided solely as an informational media service. InvestmentPitch Media Ltd makes no warranties or undertakings as to the accuracy or completeness of this information. All due diligence should be done by the viewer or their financial advisor. Investing in securities is speculative and carries risk.

CONTACT:
InvestmentPitch Media
Barry Morgan, CEO
bmorgan@investmentpitch.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.