Victory Battery Metals Corp. (CSE:VR) (FWB:VR6) (OTCPink:VRCFF) announced its initial exploration plan for its wholly owned Tahlo Lake Property in British Columbia. The Tahlo Lake Property is located in the prolific Babine Copper-Gold Porphyry District, 8 km northwest of American Eagle Gold's (TSXV:AE) NAK Property.
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Victory Battery Metals Corp. (CSE:VR) (FWB:VR6) (OTCPink:VRCFF) announced its initial exploration plan for its wholly owned Tahlo Lake Property in British Columbia.
The Tahlo Lake Property is located in the prolific Babine Copper-Gold Porphyry District, 8 km northwest of American Eagle Gold's (TSXV:AE) NAK Property.
The Tahlo Lake Property, recently expanded to 1,688 hectares, also lies 16 kilometres NW of the Morrison Deposit and overlies a significant NNW trending magnetometer high within the Hazelton Group rocks and is adjacent to the same NNW trending fault as the Morrison deposit and the historic Bell and Granisle Mines.
On January 25th, American Eagle Gold announced positive exploration results on its Nak Property, reporting 527 metres of 0.45% copper equivalent from surface, including 185 m @ 0.74% CuEq, ending in high-grade mineralization.
A regional geochemical survey silt sample in the center of the property returned over the 96th percentile for Cu and over the 98th percentile for Zn.
Surrounding RGS samples form a cluster of elevated Cu and Zn values.
Noranda reported a linear soil anomaly approximately 50 m x 500 m, trending NNW, with Cu values ranging from 60 to 720 ppm Cu to the southwest of the area drained by the highly anomalous silt sample site.
Noranda never followed up on the anomaly and no work has been reported since
A regional till sample taken about half a kilometer east of the soil anomaly returned elevated Cu and highly anomalous Zn (>98th percentile).
A till sample about 2 km down ice from this site returned over the 95th percentile for Au.
Another till sample on the newly staked property returned 49 ppb Au, which is over the 98th percentile for the region,
Geological mapping and interpretation of the overburden anomalies will be assisted by an airborne magnetometer survey over the property in March 2023.
Following these results, the company will initiate a 10-day work program in late June to assess whether the Noranda soil anomaly represents a window through the till and could be part of a larger mineralized system.
This is suggested by the widespread but erratic, anomalous Cu, Zn and Au results in regional till and stream sediment sampling on different parts of the property.
Mapping and sampling will be undertaken to characterize the overburden and aid in the interpretation of the anomalies.
As no detailed work has been done on the Property aside from the Noranda soil survey, prospecting and reconnaissance mapping will also be undertaken.
Mark Ireton, President, stated: "Victory's exploration team recently expanded the Tahlo Lake property, building upon our research efforts, where historical findings showed significant promise. With the success of Victory's recent raise, the Company is in a strong position to advance key properties in both Canada and USA, and in addition to the upcoming drilling on our Smokey Lithium Property in Nevada, our team is very excited about the prospects for Tahlo Lake."
The shares are trading at $0.075.
For more information on the company and its other properties, please visit the company’s website www.VictoryBatteryMetals.com, contact Mark Ireton, President, at 236-317-2822 or by email at info@VictoryBatteryMetals.com.
