Victory Ventures Targets Lithium Brines in West Central Alberta
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2016) - Victory Ventures Inc. (TSXV: VVN) (FSE: VV0) ("Victory or the "Company") reports that an agent on behalf of the Company has submitted four metallic and industrial exploration applications to the Province of Alberta to acquire a 100% undivided interest in four contiguous townships northwest of the Fox Creek-Swan hills area in the Peace River Arch. On approval of these applications by the Alberta government, the acquisition will cover an area approximately 36,800 hectares (91000 acres) or about 400 square km (144 sq. miles). There are more than 800 well sites within the acquisition area as documented by the Province of Alberta of which some are producing wells with lithium content in well brines. The acquisition area is fully serviced with major roadways, power, wellheads, and several waste water well injection sites. An exploration program focusing on the Lithium brines in wells will be developed after the acquisition and transfer of the minerals rights to the Company.
The targeted exploration area to be acquired was based on data compilation from several sources; the Alberta Geological Survey study of lithium-in-well brines and the well database of the Province of Alberta.
On behalf of the Board of Directors:
"Howard Milne"
President
For more information please contact:
Tel: (604) 377-8994
Email: hdmcap@shaw.ca
Website: www.victoryventures.ca
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.
