Victory Goldfields COMPLETION OF DRILLING PROGRAM WITH ASSAYS PENDING

Victory Goldfields (ASX:1VG)
  • 4,400m aircore drilling completed at Victory’s North Stanmore project which tested for lithium pathfinder minerals in identified pegmatites and gold in soil anomalies and historical aircore intersections
  • 290m diamond drilling completed to test Victory’s potential IOCG target
  • 1,090m reverse circulation drilling completed at Victory’s Coodardy project with potential to complement and be incorporated into the Coodardy Mineral Resource Estimate ‘MRE’
  • Over 1,400 samples delivered to laboratory for analysis
  • Further drilling planned for Q3 2022
  • Victory Goldfields (ASX:1VG) (“Victory” or “the Company”) is pleased to report the successful completion of the latest drilling program across three prospects that are 100% owned by the Company including at the Coodardy project that already has confirmed gold mineralisation.

    The Company drilled an additional 1,400m compared with the planned program due to several promising intersections that warranted further drilling and we look forward to updating the market with the assay results in due course.”

    Victory’s Executive Director, Brendan Clark commented: “I am pleased to report the completion of our latest drilling program that ran on schedule during these demanding times across the exploration sector and confirm that all samples have now been delivered to ALS Laboratory for analysis.

    The Company drilled an additional 1,400m compared with the planned program due to several promising intersections that warranted further drilling and we look forward to updating the market with the assay results in due course.”

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