Vancouver, BC / ACCESSWIRE / July 15, 2014 / Victory Ventures Inc. (the "Company") is pleased to report results from a recent reconnaissance soil sampling survey carried out on the PDL mineral property, located north of Keremeos, BC.
Two soil sampling lines, each of approximately 200 metres length were established in the vicinity of the known Astro alteration zone, last worked on by QPX Minerals in the late 1980's.
A total of 23 soil samples were collected, with analyses carried out by Acme Analytical Labs of Vancouver, BC.
A soil value of 76.4 ppb gold was returned from one soil sample collected approximately 120 metres east of the area previously trenched by QPX Minerals. This higher gold value is considered of great importance given that the majority of the soil samples returned background gold values in the range of 0.3 ppb gold to 0.7 ppb gold. The area of this highly anomalous gold value is believed to be underlain by a fault structure, untested by previous operators. The anomalous gold value also occurs on the eastern side of a geophysics anomaly (magnetic, VLF-EM) as previously determined by QPX Minerals.
A further significant gold value of 9.4 ppb gold was returned from a soil sample taken 20 metres east of the QPX trenching area.
It is the Company's intention to have geological personnel carry out a more detailed examination and sampling program in the vicinity of the anomalous gold value(s) in an attempt to show continuity in the fault structure and other mineralization that may be associated with this structure. The Company is also considering other geophysical surveys that may aid in locating viable targets at depth, leading to an ultimate follow-up diamond drill program.
Mr. Greg Thomson, P.Geo. is the Qualified Person as defined by National Instrument 43-101. Mr. Thomson is a director for the Company and has reviewed and approved the technical information contained in this news release.
On behalf of the Board of Directors:
For more information please contact:
Tel: (604) 377-8994
Email: [email protected]
Victory Ventures Inc. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of precious metal properties in North America. The Company's shares are listed and posted for trading on the TSX Venture Exchange under the symbol "VVN" and on the Frankfurt Exchange under the symbol "VV0".
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Victory Ventures Inc