Victory Metals announces the closing of the non-brokered private placement previously announced on September 30, 2019 , to raise proceeds of $500,000 through the issuance of 746,268 common shares at $0.67 per Share representing a premium of 70% to the previous day's closing price. No finder's fees were paid in connection with the Financing and the [...]
Victory Metals is pleased to announce the results of its annual and special meeting of shareholders held today in Vancouver, British Columbia . All matters submitted to shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, both dated August 22, 2019, were approved by the requisite majority of votes cast [...]
Victory Metals is pleased to announce that its joint venture partner, Ethos Gold, has completed its Phase I deep drill program at Iron Point, Nevada. The program represented the first known deep drilling at Iron Point, and was designed to target lower plate stratigraphy and look for the presence of Carlin style gold mineralization. For full [...]
Victory Metals is pleased to announce the successful completion of its Phase II, 9,745 meter drill program at its Iron Point Vanadium Project in Nevada. The drill program was designed to test lateral and depth extensions of vanadium mineralization defined in the Phase I drilling, as well as to provide representative material from multiple locations [...]
Victory Metals Inc. is pleased to announce that its joint venture partner, Ethos Gold Corp. , has commenced drilling at the Iron Point project 22 miles east of Winnemucca, Nevada. Ethos' primary target is Carlin-type gold mineralization hosted in Lower Plate stratigraphy below the Roberts Mountain thrust fault. Some of the world's largest and [...]
Victory Metals Inc. 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. Highlights: The Phase II program will consist of 49 holes utilizing two reverse circulation rigs and one diamond drill rig. These rigs have been mobilized to the [...]
Victory Metals Inc. is pleased to announce that the Company has entered into an option agreement with Ethos Gold Corp. , whereby Ethos can spend $5M to earn an undivided 50% interest in the precious metals rights at the Iron Point Vanadium Project, Nevada . High priority, deep gold/silver drill targets have been proposed by Dr. Quinton Henningh [...]
Victory Metals Inc. is pleased to announce it has closed an oversubscribed non-brokered private placement, raising $3,618,000 through the issuance of 5,400,000 shares at a price of $0.67 per share. One strategic investor subscribed for 4,500,000 shares or $3,015,000 while certain insiders subscribed for an aggregate of $402,000. Highlights: One [...]
Victory Metals is pleased to announce that it has arranged a non-brokered private placement to raise a minimum of $3,500,000 through the issuance of 5,225,000 shares at a price of $0.67 per share. One strategic investor is subscribing for 4,500,000 shares or $3,015,000. Paul Matysek, Executive Chairman stated: "Securing this financing will allow [...]
Victory Metals is pleased to announce results from initial metallurgical tests conducted by McClelland Laboratories, Inc. of Sparks, Nevada, on drill cuttings from the Company's Iron Point Vanadium Project. Test work using hydrometallurgical processes at atmospheric pressure has yielded vanadium recoveries in excess of 90% in leach times of less [...]
Victory Metals Inc. is pleased to announce final assay results from an additional 17 reverse circulation holes completed at its Iron Point Vanadium Project, located 22 miles east of Winnemucca, Nevada. Victory has now released results for all 69 RC holes from a planned program of 69 RC holes and 4 diamond drill holes. The 17 RC drill holes [...]
Victory Metals Inc. is pleased to announce the appointment of Jeffrey Woods, B.S. as Chief Metallurgist. Paul Matysek, Executive Chairman stated: "We are very pleased to welcome Jeffrey Woods to our Victory team as Chief Metallurgist. Jeff brings a long and successful track record in mineral processing and project development that will be highly [...]