Supreme Critical Metals Inc. Stock Price, News & Analysis

Victory Resources Corporation (CSE:VR)(OTC PINK:VRCFF) has completed a sampling program at its Black Diablo property in Nevada, collecting 72 soil and 22 rock samples. The purpose was to evaluate manganese oxide deposits for copper anomalies in the area, which is geologically favorable for Cyprus-style VMS deposits. Notably, a previous USGS assay indicated a copper level of 10,000 ppm. The exploration team aims to maximize resources for advancing Nevada properties, including Smokey Lithium, as announced by CEO Mark Ireton.

Victory Resources Corporation has completed a 10-hole, 496 metre drill program at the Loner Property in Nevada, targeting gold in soil anomalies. The drilling revealed intensely altered granite with quartz and limonite veinlets, suggesting potential gold-bearing zones. Assays are pending, which will inform future exploration strategies. The company is optimistic about the results, as they may indicate a larger gold system. Victory is also advancing opportunities in the vicinity, including staking the Black Diablo property.

Victory Resources Corporation has successfully completed a non-brokered private placement, raising $1,233,722 by selling 17,624,593 units at $0.070 per unit. The company incurred finders' fees of $67,649.33 and issued 966,419 broker warrants. Each unit includes one common share and one warrant, which can be converted at $0.10 until May 14, 2023. Proceeds will be allocated for working capital, acquisitions, and exploration program enhancement across properties in Nevada, British Columbia, and Quebec.

Victory Resources Corporation (CSE:VR, OTC PINK:VRCFF) has announced a non-brokered private placement to raise up to $2,000,000 by issuing units priced at $0.07. Each unit will comprise one common share and one warrant, allowing purchase of an additional common share at $0.10 for two years. The funds will support general working capital, acquisitions, and ongoing exploration in Nevada and British Columbia. Victory reserves the right to accelerate the expiry date of warrants if shares trade above $0.25 for 10 days.

Victory Resources Corporation has initiated a diamond drilling program at the Loner Property in Nevada as of April 6, 2021. The program will include 7 to 10 drill holes, ranging from 50 to 70 meters, aimed at better characterizing mineralized zones and testing areas with anomalous soil and rock samples. The drilling is expected to clarify existing gold-bearing quartz veins associated with historical mining activities. The entire program is anticipated to take about 30-35 days, with a focus on broadening the understanding of mineralization.

Victory Resources Corporation has completed site preparations for drilling on the Loner Property in Nevada, having optioned it from Silver Range Resources. A 7-10 short-hole diamond drill program will commence early this month, aiming to confirm gold-bearing quartz vein intersections correlating with historical mining. The site is now fully ready for drilling, following minor road repairs and mobilization of the drill rig. The program is expected to provide insights into the area’s mineralization and assess the extent of gold anomalies.

Victory Resources Corporation has appointed Mark Ireton as the new President and CEO, succeeding David Lane, who remains a director. Ireton brings extensive mining and finance experience, previously leading Noram Ventures in lithium exploration. Victory has expanded its portfolio with properties in Nevada, including the Smokey Lithium, Black Diablo, and Loner projects, and plans to initiate drilling. The company issued 3.4 million stock options priced at $0.10 each and engaged Stockwatch for investor awareness services.

Victory Resources Corporation has initiated a 2-day reconnaissance geological program on the Smokey Lithium property, which was conducted on March 19-20, 2021. The program aimed to evaluate the geology and assess sample areas, with mudstones observed yielding assays up to 930 ppm Li. Samples were sent to ALS Laboratories for analysis. The property is strategically located near other significant lithium projects in Nevada. Victory has also engaged Venturecap Consultants Corp. for investor awareness services valued at $30,000 for one month.

Victory Resources Corporation announced the staking of the Black Diablo property in Nevada, complementing its Loner Property. The Black Diablo property, located near significant copper deposits, allows for efficient evaluation alongside ongoing drilling activities at Loner. It comprises 16 claims south of Winnemucca, exploring for VMS copper deposits in proximity to the Coronada VMS Project. Additionally, the company has engaged Dig Media Inc. for investor awareness services valued at $49,300 annually.