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Re: PhisHD post# 211

Thursday, 07/12/2012 1:09:50 PM

Thursday, July 12, 2012 1:09:50 PM

Post# of 378
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$VRCFF - About Us




http://www.victoryresourcescorp.com/about.html









Victory Resources Corporation is a growth focused mineral exploration company creating value through the exploration and development of the Reforma property in Sinoala, Mexico and the AU-WEN project in Merritt, British Colombia.




The most advanced project is the Reforma property which was formally owned and operated by “Industrias Peñoles S.A.B. de C.V. (Peñoles), of Mexico. The Reforma property is a 6,987 hectare land package, located within a regional northwest trending graben structure which extends through eastern portion of Sinaloa State, Mexico in the Choix Mining District.




A drilling program is underway and ongoing to confirm the mineralization that Penoles experienced while the mine was in operation from 1968-1980. The drilling program will include geochemical testing on other highly prospective mineral deposits including the southern extension of the Reforma mine, the Reforma South property and the Chapote property. The company expects to announce the results of the drill program on a regular basis throughout the drill program.




Between 1968 to 1980 Peñoles produced 2 million tons grading 91.62 g/t Ag, 1.90% Pb, 7.44% Zn & 0.63% Cu on the Reforma property. The management of Victory Resources believes that these results will be confirmed for the Reforma mine property and also on significant extensions that will prove the Reforma property to be a world-class economically viable mine.

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