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Victory Resources to expand Rich Lake lithium property, ends Urban Mining JV

Victory Resources Corp. said Sept. 30 that it is in the process of increasing landholdings in its Rich Lake lithium property in Ontario.

The proposed landholdings to be added to the property, which is within the Fort Hope greenstone belt, are 360 kilometers north of Thunder Bay and within 20 kilometers of Fort Hope in north-central Ontario.

In addition, the company also said its joint venture with Urban Mining Ventures Inc. has been terminated due to nonperformance. Victory retained full ownership of the property.