Victory Metals Reports Second Set Of Phase Ii Drilling Results At Iron Point Vanadium Project

BEIJING (Asian Metal) 4 Mar 20 РOn March 3, Canadian-based Victory Metals Inc. announced assay results from the second set of holes completed during the 53 hole Phase II drilling program at its Iron Point vanadium project, Nevada.

Eleven holes (nine reverse circulation and two PQ diamond drill holes) that targeted the northern portion of the Iron Point vanadium zone were drilled as both vertical and angle holes. New high-grade RC drill results include 25.9 meters grading 0.41% V2O5 in VM-84 and 16.6 meters grading 0.54% V2O5in VM-11c.

Phase II in-fill drilling has allowed for more accurate matching of vanadium horizons and confirms the near-horizontal geometry of vanadium mineralization. This is present in both the lower grade vanadium envelope and the two high-grade zones.