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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA) -- Ignore unavailable to you. Want to Upgrade?


To: Rick who wrote (3750)2/2/1998 12:26:00 PM
From: Famularo  Read Replies (2) | Respond to of 7966
 
Rick, good luck, I hope it is good for your sakes...



To: Rick who wrote (3750)2/2/1998 2:46:00 PM
From: Bruce Lock  Respond to of 7966
 
Looks like Victory (VIP) are starting their "Ground Program".

February 2, 1998

TRADING SYMBOL: VIP:VSE

VIP COMMENCES GROUND EXPLORATION PROGRAM

Victory Ventures Inc. (VIP:VSE) announces the commencement of a ground exploration program on the Syd claims to the north of Lesser Slave Lake. Victory Ventures has a 100% interest in these claims which are centrally located in the Buffalo Head Craton in the Province of Alberta, Canada.

The program will begin with ground geophysics on the Syd 1 claim block where an airborne geophysical survey identified over 30 magnetic
profiles of interest. Initial aeromag data from the Syd 2 claim block
is expected the first week of February. The data will be analyzed
immediately and any high priority targets may be explored in this
initial ground program. Spectra Exploration has advised Victory that
the airborne survey of the Syd 3 claim block should be completed in a
day or two and data will be forthcoming.

Once target priority is determined by the ground program, Victory
intends to complete 1500 metres of core drilling on the Syd 1 to Syd 3 claim blocks to test for the possibilty of kimberlite pipes and their diamond bearing potential. The proposed drill program will require 30 days to complete and should be started by the end of the third week in February.

For additional information contact 800-370-4412 Cdn, 800-831-2956 US,
or 604-681-7210 direct. Internet web-site address is
victoryventures.com.

On Behalf of the Board of Directors Victory Ventures Inc.

Per: Charles Desjardins, President

The Vancouver Stock Exchange has neither approved nor disapproved the
information contained herein.