Victory Battery adds fourth hole to Smokey program

Apr 25, 2023

2023-04-25 09:13 ET – News Release

Mr. Mark Ireton reports

VICTORY EXPANDS ITS SMOKEY LITHIUM DRILLING PROGRAM BUILDING ON ENCOURAGING IN-FIELD ASSESSMENT

Victory Battery Metals Corp.’s exploration team has completed three holes of drilling on its Smokey lithium Nevada property and, based on positive in-field analysis, has extended the program to include a fourth hole.

“In what was originally planned as a 3-hole program, our team has assessed the core and made significant correlations between holes 22-09 and holes 23-01/23-03, determining that that information to be gained by drilling a 4th hole with our assets on site now is the most prudent move,” said Mr. Mark Ireton, Victory President, and CEO. “Our team has observed clays on each of the first three holes drilled, varying from grey, to green to very dark, containing abundant fine-grained calcite as noted by using hydrochloric acid during the logging process.”

Drill hole locations have been selected to extend strong lithium mineralization, intersected on initial drill program in 2022 in Hole-09 within the area of interest. The fourth hole on this program has been selected specifically in an effort to determine the strength of lithological correlation between holes 22-09. 23-01, 23-02 and 23-03. Victory’s Exploration team determined that the most compelling hole location to drill would be hole 23-05, 1km to the west southwest of hole 23-03.

Core material from the completed holes are being processed and shipped to ALS Reno for assay on a continuing basis in order of hole completion, with the core from hole 23-01 having been shipped as previously announced.

About Smokey Lithium, Nevada

Victory’s Smokey Lithium project is a clay lithium property that lies approximately 20 miles north of Clayton Valley, to the west of American Lithium’s flagship lithium project. Smokey Lithium is located northwest of Cypress’ Clayton Valley Lithium Project and to the southwest of American Lithium Corporation’s Tonopah Lithium Claims Property in southwest Nevada. Esmeralda County Nevada is a prolific region for lithium clay deposits, (Noram, Cypress, American Lithium, Spearmint, Enertopia, and Jindalee).

The technical information contained in this news release has been reviewed and approved by Bob Marvin (PGeo), who is a Qualified Person as defined under National Instrument 43-101.

For further information, please contact:

Mark Ireton, PresidentTelephone: +1 (236) 317 2822 or TOLL FREE 1 (855) 665-GOLD (4653)E-mail: [email protected]

About Victory Battery Metals

VICTORY BATTERY METALS (CSE:VR) is a publicly traded diversified investment corporation with mineral interests in North America. The Company is also actively seeking other exploration opportunities.

We seek Safe Harbor.

https://www.victorybatterymetals.com/