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Last C$0.01 CAD
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VVN On Other Exchanges
As of 3:35 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

victory ventures inc (VVN) Snapshot

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01/9/15 - C$0.03
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victory ventures inc (VVN) Details

Victory Ventures Inc., a junior mining company, is engaged in the procurement, exploration, and development of precious metal properties in North America. It primarily explores for copper, gold, lead, and zinc deposits. The company has interests in the Copau property located in Iskut area; and the Fortuna property that covers an area of 608.9 hectares located to the north of Kamloops, British Columbia, Canada. It also has interests in the Vicotry Claims, which cover an area of 1733.5 hectares and are located in Telegraph Creek area, British Columbia. The company was incorporated in 2009 and is headquartered in Vancouver, Canada.

Founded in 2009

victory ventures inc (VVN) Top Compensated Officers

President, Director and Member of Audit Commi...
Total Annual Compensation: C$60.0K
Chief Financial Officer and Director
Total Annual Compensation: C$12.0K
Compensation as of Fiscal Year 2014.

victory ventures inc (VVN) Key Developments

Victory Ventures Inc. Confirms Goldsilver Values at PDL Property Astro Zone

Victory Ventures Inc. announced analytical results from its recent rock sampling program at the Astro Zone, located on the east side of the Company's PDL mineral property, located north of Keremeos, BC. Five rock samples were sampled from an area of outcrop exposures across an area of approximately 25 metres wide and down a slope exposure of approximately 20 metres. Sampling was carried out in this area of the Astro zone to test outcrop exposures exhibiting overall silicification with localized fine chalcedonic quartz veining. The company to validate the previous QPX Minerals 1988 rock sampling results, in the current Astro zone sampling area. Although the recent sampling by the Company did not attempt to duplicate the same QPX sample locations, it did demonstrate the overall gold and silver bearing nature of the outcrop area. The 1988 QPX rock sampling program returned anomalous gold and silver values, with five samples respectively returning (gold ppb/silver ppm) of 185/11.1, 245/12.7, 1,030/6, 175/34.1 and 330/0.6. As with the current sampling program by Victory Ventures, anomalous arsenic values were returned from the QPX sampling program, which is a characteristic feature of the upper levels of an epithermal gold system. The elevated molybdenum values that are also present at the Astro zone, can occur above the ore zone as well. Examination of the analytical results indicate that the subclass of epithermal style of mineralization present at the Astro zone is that of a LowSulphidation deposit form. In the case of the Astro zone, the main area of interest is that of a silicified core zone, likely related to a controlling fault structure and surrounded by welldefined outlying shells of strong argillic (clay) alteration of the volcanic hostrocks.

Victory Seeks Acquisitions

Victory Ventures Inc. (TSXV:VVN) is seeking acquisitions. Victory Board of Directors feel that the current volatile market conditions are an opportune time for strategic acquisitions therefore the Company plans to attend the upcoming 2015 Mineral Exploration Roundup from January 26 to 29, 2015.

Victory Ventures Inc. Auditor Raises 'Going Concern' Doubt

Victory Ventures Inc. filed its Annual on Dec 09, 2014 for the period ending Sep 30, 2014. In this report its auditor, Dale Matheson Carr-Hilton, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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