VANCOUVER, Feb. 16, 2012 /CNW/ - Victory Resources Corporation (the
"Company") is pleased to announce that it has established a geological
Advisory Board and that it has appointed Tim Hawthorne, P. Eng. as the
Tim Hawthorne has over 40 years' experience in several of the world's
largest mining operations including senior level positions with major
projects that include Cananea Copper, Homestake Mining, Kennecott
Copper, Magma Copper, and Olympic Dam. Tim Hawthorne established
Hawthorne Engineering, Inc. in 1998 which became a leader in new mining
and reclamation project consulting. Prior to this, Tim held senior
management positions at Bateman Engineering which included work in the
same region as the Reforma mine.
"The establishment of the Advisory Board and the addition of Tim
Hawthorne are important corporate events as Victory Resources looks
forward to completing the current drill program and to plan the next
phase of development," stated Wally Boguski, President and CEO. "The
combination of John Thornton, V.P. Project and Development and Tim
Hawthorne already places Victory Resources as having a world class
geology and mining team."
About Victory Resources Corporation
The company's main focus is on the Reforma property located at the
common boundary of Sinaloa and Chihuahua States in west central Mexico.
The concessions cover a total area of 7,226 hectares. Victory Resources
will earn a 70% undivided interest in the Reforma property as part of
an option agreement. Formerly owned by Penoles in Mexico, documentation
showed that between the years 1968 to 1980, the Reforma mine processed
1.8 million tonnes grading an average of 91.62 grams per tonne Ag, 1.90
per cent Pb, 7.44 per cent Zn and 0.63 per cent Cu.
On behalf of The Board of Directors of Victory Resources Corporation.
Paul Lee, Director
This news release contains certain forward looking statements which
involve known and unknown risks, delays, and uncertainties not under
the control of Victory Resources Corp. which may cause actual results,
performance or achievements of Victory Resources Corporation to be
materially different from the results, performance or expectation
implied by these forward looking statements. Neither TSX Venture
Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this press release, which has been prepared
SOURCE Victory Resources Corporation
For further information:
Wally Boguski at 604-580-9605