Victory Resources Corp (CSE:VR, OTC:VRCFF) told investors it has now started drilling at its Smokey lithium property in Nevada, USA.
Crews arrived last week and the first hole is being sunk in the southwest part of the property near Jindalee's boundary and adjacent to the main fault structure.
"The company's initial 3 holes of its 15-hole drilling exploration program aims to prove its geologic concept, specifically, to test along the Jindalee boundary margins, nearest to the fault line," said CEO Mark Ireton in a statement.
The firm is trying to establish whether a relationship exists between the Smokey asset and the high grade lithium zone on the adjacent Jindalee property.
"The program is designed to reduce the depths required to reach clays and attempt to capture the full thickness of the claystone," added the CEO
READ: Victory Resources gears up for drilling its Smokey lithium property in Nevada
"The remaining 12 permitted holes will be utilized for locating extensions of the clay mineralization, test depths of clays and overburden and ultimately provide data for purposes of resource modelling and follow up drilling."
Victory Resources’ Smokey lithium project is a clay lithium property around 20 miles north of Clayton Valley, and 20 miles west of American Lithium's flagship lithium project and its Black Diablo copper property.
It also lies 25 kilometres (km) northwest of Noram's Zeus Lithium Project and 35km southwest of American Lithium Corporation's Tonopah Lithium Claims Property in southwest Nevada.
Esmeralda County is a prolific region for lithium clay deposits (Noram, Cypress, American Lithium, Spearmint, Enertopia, and Jindalee).
Contact the writer at giles@proactiveinvestors.com