110 meters grading 0.27% V 2O 5 in hole VM-33.

91 meters grading 0.36% V 2O 5 in hole VM-26i.True thickness intercepts of this broader envelope include: 26 meters grading 0.46% V 2O 5 (including 3 meters grading 0.83% V 2O 5 ) in VM-48Īs indicated by the initial sets of holes, these latest intercepts are consistent with two flat-lying higher grade vanadiferous horizons, referred to as the Upper High Grade and New High Grade Zones, which occur within a broader and extensive envelope of lower grade mineralization that starts at surface and extends down to a depth of at least 175 meters.24 meters grading 0.48% V 2O 5 in VM-34.26 meters grading 0.42% V 2O 5 in VM-33.14 meters grading 0.63% V 2O 5 (including 4 meters grading 1.00% V 2O 5 ) in VM-26j.37 meters grading 0.55% V 2O 5 (including 5 meters grading 0.80% V 2O 5 ) in VM-26i.New, true thickness high-grade RC drill results include:.Section line F-F' partially overlays the holes previously released on Section line B-B' (see Figure 1), and also bisects the east-south holes on cross Section lines C-C' and D-D' (see Figure 1), the results for which were previously released (see Victory's February 28, 2019, March 6, 2019, and March 19, 2019, news releases). Several of the holes are shown in a north-south cross section (see Figure 2, Section F-F'), which continues to demonstrate the strong continuity and the flat lying nature of shallow vanadium mineralization over a large and expanding area. The 14 drill holes reported today include both vertical and angle holes and are focused in the central to southern extent of the historical vanadium mineralized zone (see Figure 1). Victory has now released results for 52 RC holes from a planned program of 69 RC holes and 4 diamond drill holes. (' TSX-V:VMX') (' Victory' or the ' Company') is pleased to announce assay results from an additional 14 reverse circulation (' RC') holes completed at its Iron Point Vanadium Project, located 22 miles east of Winnemucca, Nevada.

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