Victory Resources Corp (CSE:VR, OTC:VRCFF) said it has filed the amendment to its permit to expand its drill program at the Smokey lithium clay property in Nevada, USA to 15 holes from four.
"We are excited to accelerate our efforts and expand the drill program to 15 holes based on the learnings from the extensive exploration work done over the last 6 months, and the knowledge our exploration team has of the specific area," said Mark Ireton, CEO of the company in a statement. "The team is poised and ready to begin once the permitting process is complete."
The firm has identified drill targets that will determine whether a relationship exists to the high Li zone on the adjacent Jindalee property.
READ: Victory Resources outlines plan for expanded drill program at its Smokey lithium property in Nevada
Victory Resources’ Smokey lithium project is in Esmeralda County, Nevada - a prolific region for lithium clay deposits.
The asset sits around 20 miles north of Clayton Valley, and 20 miles west of American Lithium's flagship lithium project. Smokey Lithium is located 25 km northwest of Cypress' Clayton Valley lithium project and 35 km southwest of American Lithium Corp (TSX-V:LI)'s Tonopah Lithium claims property in southwest Nevada
The claystone, which can carry high lithium concentrations, is observed as highly weathered light grey to tan mounds of unconsolidated clay from 0.10 - 1.50 meters thick. The claystones requires drilling to fully validate and assess the project's potential as indicated by surface sampling.
Contact the author at giles@proactiveinvestors.com