Welcome to our dedicated page for Supreme Critical Metals news (Ticker: VRCFF), a resource for investors and traders seeking the latest updates and insights on Supreme Critical Metals stock.
Supreme Critical Metals Inc. (OTC Pink: VRCFF; CSE: CRIT; FSE: VR6) generates news primarily around mineral exploration, property transactions, and capital markets activity in the silver, copper, uranium, and gold space. As a diversified exploration and investment corporation, the company issues frequent updates on its North American project portfolio and related corporate developments.
News coverage for Supreme Critical Metals often includes announcements about work programs at the Silver Vista silver-copper property in British Columbia, such as site visits, geophysical and geochemical surveys, drilling plans, and till sampling campaigns conducted with technical consultants. Releases also describe the company’s option agreements and property acquisitions, including the Gold Springs 1 Property in the Stateline Mining District of Lincoln County, Nevada.
Investors following VRCFF can expect regular updates on non-brokered private placements, flow-through financings, and common share offerings, along with details on how proceeds are intended to be used for exploration and corporate purposes. The company also reports on incentive stock option grants and amendments to property option agreements, which can be relevant for understanding capital structure and project commitments.
Additional news items cover management changes, such as the appointment of a new President and Chief Executive Officer, as well as marketing and investor outreach arrangements with third-party media and communications firms. Together, these disclosures provide insight into Supreme Critical Metals’ exploration plans, financing activities, and corporate strategy. Readers interested in VRCFF news can use this page to review a chronological record of project updates, financing announcements, and other material events disclosed by the company.
Victory Resources Corporation has announced promising results from its sampling program at the Smokey Lithium property in Nevada, revealing lithium values up to 1500 ppm. Significant areas showed high concentrations, particularly in the southwest, where an anomalous zone spans approximately 1.5 km. The exploration team utilized advanced Laser Induced Breakdown Spectroscopy for analysis, with samples sent for verification. The Smokey Lithium project is strategically located near other active lithium properties, enhancing its potential.
Victory Resources Corporation has initiated an extensive geological sampling program on its Smokey Lithium property in Esmeralda County, Nevada. The two-week program aims to analyze claystones using Laser Induced Breakdown Spectroscopy (LIBS) and gather verification samples for lab analysis. Previous reconnaissance sampling indicated significant lithium presence (>300 ppm) on the property. This program will enhance understanding of the site and inform a potential drill program based on findings. The Smokey Lithium project is located in a region known for prolific lithium clay deposits.
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.