Welcome to our dedicated page for Maverick Gold and Silver news (Ticker: VRCFF), a resource for investors and traders seeking the latest updates and insights on Maverick Gold and Silver stock.
Maverick Gold and Silver Corp. reports news centered on an exploration-stage portfolio of gold, silver, and copper properties in British Columbia and Nevada. Company updates focus on property staking, sampling, mapping, historic data review, and project-development work, with recurring emphasis on the Jericho property in Lincoln County, Nevada.
News also covers corporate identity and market-structure updates following the company's name change from Supreme Critical Metals, along with governance changes, technical-advisory appointments, and mining-investment conference participation tied to its exploration strategy.
Victory Battery Metals Corp. (CSE:VR, OTC PINK:VRCFF) announced initial exploration plans for its Stingray property in the James Bay Lithium District, located adjacent to Patriot Battery Metals (PMET). The property includes 67 claims over a distance of 25 km, where the company aims to discover lithium-bearing pegmatites. Victory recently closed the first tranche of its financing, issuing 5.6 million units at $0.08 each. Each unit consists of one common share and a warrant. The company is also seeking additional strategic properties in lithium-rich regions of Canada and the USA.
Victory Battery Metals Corp. (CSE:VR) (OTCPink:VRCFF) has announced updates on its lithium properties in Quebec and Nevada. The Stingray properties include 67 claims in the James Bay Lithium District. Recent drilling by Patriot Battery Metals identified significant lithium mineralization. However, Victory cautions that results from the Corvette property may not be indicative of its own properties. The Smokey Lithium property in Nevada has shown promising mineralization, with a drill hole encountering high-grade lithium. The company is currently raising up to $2 million via private placements to advance its exploration activities.
Victory Battery Metals Corp. (CSE:VR)(OTC PINK:VRCFF) provides a strategic update on its lithium holdings. The company is planning initial exploration for its Stingray properties in Quebec, adjacent to Patriot Battery Metals, where significant lithium potential has been identified. Additionally, the Smokey Lithium property in Nevada has shown promising mineralization, with an amended drill permit in process. Victory's exploration efforts are focused on expanding its asset base in the James Bay Lithium District and Esmeralda County, Nevada, emphasizing high-confidence targets for upcoming drill programs.
Victory Battery Metals (CSE:VR, OTC:VRCFF) has announced a private placement financing aimed at raising up to $2,000,000. This includes 12,500,000 units at $0.08 per unit and a concurrent placement of flow-through units for an additional $1,000,000. Each unit comprises one common share and one warrant, exercisable at $0.12 over two years. Proceeds will be allocated for working capital and exploration expenses. The company plans to close the offering around February 20, 2023.
Victory Resources Corporation has completed an on-site geological program to finalize drill hole locations for its Smokey Lithium Property in Nevada. This initiative builds on previous results that indicated significant lithium mineralization. Drill holes have been strategically selected to extend findings from earlier drilling, particularly from hole 09, which encountered strong lithium mineralization at 417 feet. The company plans to amend its drill permit application to include these new drill sites, aiming to deepen its understanding of the area's mineral potential.
Victory Resources Corporation has expanded its land holdings in the James Bay Lithium District in Quebec, now totaling 66 claims, up from the previously announced 49. The new claims, acquired for $7,000 and 2.8 million shares, are strategically located near Patriot Battery Metals' Corvette property, known for its lithium potential. The region's geology supports significant mineralization, with lithium values reported as high as 1280 ppm. The company’s exploration team is actively seeking further opportunities in both Canada and the USA.
Victory Resources Corporation (CSE:VR, OTC PINK:VRCFF) has successfully staked the 735-hectare Tahlo Lake Property in British Columbia's Babine Copper-Gold Porphyry District. This area is known for its significant mineral deposits, with the property located near the NAK property and Morrison deposit. The Tahlo Lake Property exhibits promising geological findings, including elevated copper and zinc concentrations from recent sampling. The company aims to leverage historical data and recent geological insights to develop this property further.
Victory Resources Corporation has closed a non-brokered private placement, raising $172,150 through the sale of 7,825,000 units at $0.022 per unit. Each unit comprises one common share and a warrant, exercisable at $0.05 for two years. The company incurred finders fees of $3,520 and issued 160,000 broker warrants. Proceeds will fund working capital and exploration activities. The securities are subject to a hold period until March 8, 2023.
Victory Resources Corporation has successfully delineated significant lithium mineralization at the Smokey Lithium Property in Nevada, covering an area of approximately 2-3 square kilometers. Utilizing detailed geological mapping, surface sampling, and drilling, the exploration team has identified a high-confidence area and staked an additional 91 claims. One of the three drilled holes confirmed mineralization, supporting theories of widespread buried clays. Next steps include amending existing permits to facilitate further exploration.
Victory Resources Corporation (OTC PINK: VRCFF) announced a non-brokered private placement seeking to raise up to $2,000,000. The offering includes flow-through units priced at $0.05 with a warrant at $0.07, and non-flow-through units priced at $0.022 with a warrant at $0.05. The proceeds from the non-flow-through units will support working capital, while funds from flow-through units will finance exploration projects. The Company may pay finders' commissions of 8% for both offerings.