Victory Resources Corporation told investors it has kicked off an "extensive" 45 kilometre (km) induced polarization (IP) survey at its Mal-Wen project in south-central British Columbia in a bid to refine drill targets.
The Mal-Wen property spans over 1,200 hectares (Ha) and sits in the eastern belt of the Nicola Group.
The company reckons the Mal and Wen prospects are peripheral expressions of a larger mineralized system.
Only the very northern part of the area has been covered by previous IP surveys.
READ: Victory Resources outlines plan for expanded drill program at its Smokey lithium property in Nevada
Preliminary results indicate there is a significant chargeability anomaly to the east of the Mal prospect, which extends for at least 600 metres and coincides with an IP anomaly identified in a 1968 survey by Consolidated Skeena Mines Ltd, said Victory.
Victory Resources is a diversified investment corporation with mineral interests in North America, which is actively seeking other exploration opportunities.
Its Smokey Lithium project is a clay lithium property that lies approximately 20 miles north of Clayton Valley, and 20 miles west of American Lithium’s flagship lithium project.
Smokey Lithium is also located 25km northwest of Cypress’ Clayton Valley Lithium Project and 35km southwest of American Lithium Corporation's Tonopah Lithium Claims Property in southwest Nevada.
Contact the author at giles@proactiveinvestors.com