Victory Resources Corp (CSE:VR, OTC:VRCFF) said it has added to its lithium property portfolio in Quebec by staking and acquiring its new Stingray I & Stingray II properties, directly south and to the south/southwest of Patriot Battery Metals' Corvette lithium property, respectively.
“We are excited to add this property to the Victory portfolio, our exploration team is pursuing lithium properties in both Canada and USA currently, and this region, specifically noting the adjacent Corvette property, has delivered strong lithium findings,” Mark Ireton, Victory Resources president and CEO said in a statement.
“Our team is continuing its work to identify, analyze and acquire lithium rich properties in areas of interest as the global demand for lithium is forecast to be six times greater than today by 2030," he added.
READ: Victory Resources completes extensive ground sampling program at Smokey Lithium property in Nevada
The company said it continues to pursue additional lithium properties and is in the process of developing a work plan for its wholly-owned new Stingray I & Stingray II properties.
While Victory has not independently verified any of the following content, Patriot Battery Metals' results from its 2022 winter drill program include some of the strongest drill intersections to date, including 1.22% Li20 and 138 parts per million (ppm) Ta205 over 152.8 metres (CV22030) and 1.45% Li20 and 177 ppm Ta205 over 84 metres (CV22-028).
Victory Resources is a diversified investment corporation with mineral interests in North America. The company is also actively seeking other exploration opportunities.
Contact the author at jon.hopkins@proactiveinvestors.com