Additional Assays At Minago North Limb

TORONTO, ON - Victory Nickel Inc. announced additional assays, grading up to 13.4% over 0.13m, that continue to indicate the potential for resource expansion in the North Limb of Victory Nickel's 100%-owned Minago nickel deposit.
"The most recent results from the North Limb in DDH V-10-21 build upon an earlier intersection obtained from DDH V-10-13 and DDH N-5 and continue to demonstrate continuity in the North Limb and the potential to expand the nickel resource at the Minago Project beyond that presently defined at the Nose Deposit," said Paul Jones, Vice-President, Exploration.
DDH V-10-21 is located approximately 900m north of the northern limit of the Minago Nose Deposit resource and approximately 70m north of DDH V-10-13 (see map attached). The North Limb is a north-trending linear domain of nickel mineralization at least 1.5km in length that extends north from the Minago Nose Deposit, where the entire reported Minago nickel resource is located.
Of particular interest are the intervals of higher grade nickel mineralization, tabulated below, that further enhance the potential of the North Limb. A noteworthy, narrow, shallow, intercept of sulphide-bearing metasediment between 88.59m and 88.72m and immediately adjacent to the sulphide-bearing serpentinite rock that comprises the North Limb, returned an assay grading 13.35% Ni (as well as 2.18g/t Pt and 7.05g/t Pd). Also of significance is the intercept between 482.56m and 486.77m, grading 1.394% Ni, which provides firm evidence of the depth potential of the North Limb mineralization.
The company's address is 80 Richmond Street West, Suite 1802, Toronto, ON M5H 2A4, 416.363.8527, Fax: 416.626.0890, email:Ę[email protected].