Victory Resources Corp (CSE:VR, OTC:VRCFF) announced that it has begun the first work program at its recently-acquired Georgia Lake Lithium Project in the Thunder Bay Mining District in Ontario.
The property represents a large, under-explored land package adjacent to Rock Tech Lithium's near-term Georgia Lake Lithium deposit, the company said.
"We are excited to begin our first work program at our fully-owned Georgia Lake property … (the) property is ideally situated in a proven lithium region, and one with mining infrastructure supported by the Government of Ontario and from Rock Tech, which will allow us to realize the full potential of any commercially-viable deposits within the project," Victory Resources president and CEO Mark Ireton said in a statement.
READ: Victory Resources adds to its lithium property portfolio in Quebec
Victory said the 10-day work program will focus on soil sampling and prospecting to identify anomalous lithium values with the aim of developing targets for follow-up exploration.
The company expects to identify the specific areas for permit application and community engagement related to future surface trenching and drilling within six weeks of the program.
The Georgia Lake Lithium District has a proven track record of economic lithium deposits dating back to the mid-1950s.
Rock Tech is building a lithium ore processing facility for custom milling in Thunder Bay, to be online in early 2024. With the support of the Ontario government, the facility will support mineral processing from other nearby lithium mines, Victory noted.
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