Victory Ventures Inc. is a Canadian-based junior mining and exploration company currently focused in the prolific Iskut River region of northern British Columbia. The Company's Copau Property is strategically situated between Colorado Resources' North ROK discovery and Imperial Metals' massive Red Chris deposit scheduled to go into production in 2014.
- November 2011 Copau Geological Summary
- Red Chris Property (owned 100% by Imperial Metals) Highlight (Source: 2012 Red Chris Report):
- Proven & probable reserves of over 300 million tonnes grading 0.359% copper and 0.274 g/t gold provide for a 28 year project life at a milling rate of 30,000 tonnes per day.
- The Measured and Indicated Resource is 8.89 billion lbs copper and 12.90 million oz gold, while the Inferred Resource is 7.44 billion lbs copper and 11.35 million oz gold, all at a 0.1% copper cut-off.
- North ROK Property (owned 100% by Colorado Resources) Highlight:
Reported in news release dated May 16, 2013 a total of 1527 m of drilling in 4 holes including the results of Drillhole NR13-001 which returned 242 m of 0.63% copper and 0.85 g/t gold.
|Copau Property, Iskut, British Columbia|
After more than a year of intense preparation, Victory Ventures commenced a diamond drilling program June 2, 2013, at its highly prospective Copau Property in the heart of one of Canada's most exciting and active exploration areas following the significant copper-gold drilling discovery announced by Colorado Resources in late April, 2013.
Copau, strategically situated between Colorado’s North ROK Property to the east and Imperial Metals’ massive Red Chris Cu-Au porphyry deposit to the south, has never been previously drilled and offers considerable exploration upside for the potential discovery of skarn hosted Cu-Au mineralization or an alkalic Cu-Au porphyry deposit.
Victory optioned the Copau claims, totaling nearly 500 hectares, in December, 2011.
- Drilling will test a strong and widespread IP chargeability anomaly covering an area at least 1200 metres long and 300 to 400 metres wide (open to the south and west); Victory's geological team believes that the chargeability anomaly likely results from increasing sulphide content within an interpreted southwest dipping syenite body, possibly accompanied by enhanced sulphide content resulting from hydrothermal activity;
- A ground magnetic survey carried out in 2011 located a pronounced northwest-southeast linear-trending magnetic anomaly throughout much of the claim area;
- While there is generally little rock outcrop in this region, several occurrences of sulphide mineralization have been discovered at surface at Copau including pyrite, chalcopyrite and magnetite;
Copau lies at the intersection of two major regional faults
- Property has easy road access and lies in low accessible country
- Close proximity to a world class Cu-Au porphyry at Red Chris
Dennis M. Vigouret - President and Director
Mr. Vigouret has over 35 years experience in the mining and oil and gas industries. During his career, he has formed and brought to market a number of companies including Tandem Resources, Dual Resources, Trio Resources, Armour Resources, Justen Resources and Abbaton Resources. He is also president of Global Drilling Inc., which is actively drilling in North and South America.
Howard D. Milne - Director
Mr. Milne has nearly four decades of experience in sales and marketing, and has played a pivotal role in the development and success of several public and private companies. He was instrumental in the launching of Victory Ventures on the TSX Venture Exchange in the summer of 2011.
Greg R. Thomson - Director
Mr. Thomson has over 30 years of mineral exploration experience, primarily as a project geologist. His specialty is British Columbia where he has been active in most of the province’s mineral regions. He has also participated in or managed exploration programs in Alaska, Mexico and Mongolia. He holds a Bachelor of Science degree in Geology from the University of British Columbia.
William R. Byers - Chief Financial Officer and Director
Mr. Byers has over 25 years experience with Canadian and U.S. public and private companies, having served in various management and executive roles. He received his B. Comm from the University of Brotish Columbia and his CA designation after articling with PricewaterhouseCoopers.
Krzysztof Mastalerz - Independent Geological Consultant
Dr. Mastalerz is a respected international geologist with over 30 years of exploration experience in Canada, Russia, and Latin America. He has been very active both on the ground and academically. He holds a Doctorate (Natural Sciences) from the University of Wroclaw, Poland, and is fluent in English, Polish and Spanish.
Mr. Howard D. Milne
Telephone: (604) 377-8994
Fax: (604) 687-4778
Address: 2138 Nanton Avenue, Vancouver, British Columbia, Canada V6L 3C7
Web site: www.victoryventures.ca
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The information herein may contains forward looking statements based on assumptions and judgments of the management of the Victory Ventures Inc. regarding events or results that may prove to be inaccurate as a result of exploration or other risk factors beyond its control. Actual results may differ materially from the expected results. All statements herein, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that Victory Ventures Inc. expects are forward-looking statements. Such forward-looking statements are not guarantees of future performance, and are based on numerous assumptions about future conditions that could change. The material contained herein is for information purposes only and is not and is under no circumstances intended to constitute an offer to sell or a solicitation to buy any securities or a recommendation as to the purchase of any securities.
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