Clara Hills Exploration Programme

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    VIC - Victory Mines Announces Clara Hills Exploration Program

    Victory Mines announced that additional geophysical surveys will be conducted at its Clara Hills project approximately 100km northeast of Derby, WA, following the very encouraging RC drill results from its maiden drilling program. This RC drill program tested two EM targets as well as the area immediately below the Jacks Hill gossan. Grades and intercepts close to surface encountered from the drill program included: 47m @ 0.15% Ni from 36m, including 11m @ 0.30% Ni from 52m; and 42m @ 0.22% Ni from 14m, including 5m @ 0.39% Ni from 38m. The company is planning an airborne Versatile Time-Domain Electromagnetic (VTEM) geophysical survey over an area of approximately 21sqkm of favourable geological units as soon as a contractor can be engaged. It is anticipated that the survey will occur either late March or early April 2013.

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