The 41.6 km IP survey, announced in November and completed in December, over the area of the Mal and Wen Prospects has outlined several significant chargeability anomalies. The exploration target is alkalic Cu-Au Porphyry style mineralization.
The northern anomaly (the
To the south, in the area of the Wen Prospect, are a pair of chargeability anomalies. The southernmost anomaly appears to be related to the mudstones mapped in that area. However, the chargeability high to the west of the Wen Prospect (the
None of these anomalies have been drill tested. An inversion will be performed on the data to provide more accurate drill targeting. An application to drill has been submitted and it is expected a permit will be granted by the spring.
'In light of earlier work by Victory, which determined that the Mal and Wen Prospects are essentially similar Cu-Au bearing zones that appear to be structurally linked, the Mal East IP anomaly is an excellent drill target in an area with little outcrop and no previous drilling. Similarly, the large chargeability anomaly west of the Wen Prospect is also in an area of sparse outcrop and has never been drill tested,' noted Victory President and CEO, Mr.
About The Mal-Wen Exploration Property
The Mal-Wen Property consists of 7 mineral claims with a total area of 1205.97 hectares that is located about 30 km southeast of
Contact:
Tel: +1 (236) 317 2822
Email: IR@victoryresourcescorp.com
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