Victory Ventures Acquires PDL Property, Keremeos, BC

Victory Ventures Inc. (TSX VENTURE:VVN)(FRANKFURT:VV0) (the "Company") is
pleased to report the recent acquisition of the PDL mineral property, located in
the Keremeos-Olalla region of southern British Columbia. Under the terms of the
Agreement and subject to regulatory approval, the Company has agreed to pay to
the Vendor $2,500 cash and issue 300,000 common shares. The Vendor shall retain
a 2% net smelter return ("NSR") of which each one-half percent of the NSR may be
purchasable by the Company at its discretion for a payment of $500,000. 


The PDL property has a recent 43-101 Technical Report, which will be filed with
the TSX Venture Exchange and posted on SEDAR upon receipt of regulatory approval
to the acquisition. 


The Company intends to investigate the epithermal-style gold-silver potential of
the Astro zone located on the east side of the PDL property, last explored by
QPX Minerals Inc. in 1989. In 2003, A. Travis staked the Astro 1-6 claims to
cover the Astro 34 claim area and completed prospecting with minor rock and soil
sampling. 


The PDL property has not seen any recent exploration and early exploration was
mainly carried out on the western side of the current property area by Placer
Dome Development Ltd. in 1984-85 and by QPX Minerals Inc. in 1987-89. The
earlier exploration work on the west side of the PDL property was carried out in
the vicinity of an old (1930's?) short adit (about 10 m long), which cross-cuts
a small massive sulphide lens, carrying anomalous gold and copper values. Narrow
pyrite-arsenopyrite stringers containing locally high grade gold values are
known on the west side of the PDL property, but do not present a viable
exploration target. From this area, grab sample PDL-556 in 1987, yielded 30.3
grams per tonne gold, 22.5 grams per tonne silver, 0.25 per cent copper, 0.14
per cent lead, 0.57 per cent zinc and 3.74 per cent arsenic (Assessment Report
16674).  


Following the discovery of a new argillic +/-silica alteration zone in 1988, QPX
Minerals Inc. conducted a preliminary exploration program on the previous Astro
34 claim, located on the eastern portion of the current PDL claim. 


At the Astro zone, magnetometer and VLF-EM surveys were carried out on 25-50
metre-spaced east-west lines over an area of 400 metres by 400 metres. Three
very well defined conductive north-south lineaments with corresponding magnetic
lows were identified, which were later tested by a limited program of trenching
and reverse-circulation drilling over a small (50 metres by 100 metres) portion
of the westernmost of the three linear anomalies. 


Five reverse-circulation drillholes totalling approximately 250 metres and five
trenches totalling 150 metres were completed on the Astro 34 claim. Trenching in
1988 was successful in exposing a zone of silicified and argillically altered
volcanics up to 20 metres in width over a strike length of 140 metres, which
remains open. Anomalous gold values were returned from this work and
recommendations included the future use of a larger backhoe to carry out further
trenching. 


Anomalous gold (up to 0.705 gram per tonne), silver (up to 14.8 grams per tonne)
and molybdenum (up to 0.15 per cent) were returned over 3 metre sections from
reverse-circulation drillhole PDL-89-RC-2. These anomalous values were found
associated with chalcedonic veinlets in argillically altered Kitley Member
volcanics of the Marron Formation. Reverse circulation drilling demonstrated
that the alteration extended to a depth of 47 metres below surface at which
point there was no evidence of a decrease in the strength or size of the
alteration system. 


This previous work has now laid the groundwork to quickly and efficiently build
upon the work of 25 years ago, that has never been followed up. Exploration
successes at the nearby Dusty Mac and Vault Projects, located to the east of the
PDL property, bode well for renewed exploration of the PDL-Astro mineral zone. A
model for the epithermal style of mineralization found on the PDL property can
also be found in several of the gold deposits found within the Republic District
of northeastern Washington State. These deposits include the Republic Mine and
the Kettle River Project (operated by Kinross Gold), which includes the Kettle,
K-2, Lamefoot and Overlook mines. 


The Republic District has accounted for roughly five million ounces of gold
production over the last century and contains some of the highest-grade,
bulk-tonnage gold deposits in the United States. In geology, a graben is a
depressed block of land bordered by parallel fault structures. Epithermal gold
deposits are found in and around these fault structures, which are believed to
extend northward into British Columbia, including the area of the PDL property. 


It is the intention of Victory Ventures to more fully evaluate the mineral
potential of the Astro mineral/alteration zone through immediate further
geological mapping, prospecting and sampling in areas of promising rock
alteration or geophysical anomalies. It is anticipated that further exploration
will lead to testing of the depth potential of the Astro zone through IP surveys
and with encouragement, a follow-up diamond drill program. 


Director Howard Milne stated, "The Company is excited to begin exploration work
on this prospective mineral target that has seen very limited exploration in the
past and looks forward to a possible new mineral discovery."


Qualified Person 

Mr. Greg Thomson, P.Geo., is the Qualified Person as defined by National
Instrument 43-101. Mr. Thomson is a director for the Company and has reviewed
and approved the technical information contained in this news release.


On behalf of the Board of Directors:  

Howard Milne, Director 

Victory Ventures Inc. is a Canadian-based junior mining exploration company
focused on the procurement, exploration and development of precious metal
properties in North America. The Company's shares are listed and posted for
trading on the TSX Venture Exchange under the symbol "VVN" and on the Frankfurt
Exchange under the symbol "VV0".


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Victory Ventures Inc.
Howard Milne
Director
[phone]
[e-mail]
www.victoryventures.ca