Victory Resources Corp Provides an Update on Work Program

Victory Resources Corp Provides an Update on Work Program

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Victory Resources Corp Provides an Update on Work Program

PR Newswire

VANCOUVER, Jan. 9, 2013

Symbol:-TSX-V:VR



OTCQX:VRCFF

VANCOUVER, Jan. 9, 2013 /PRNewswire/ - Victory Resources Corp. (the "Company") is pleased to provide a 2012 Summary update on the companies Mexican
properties to date.

Recent results from a work program on the Reforma were announced on
August 7, 2012 where the company reported the results of 29 samples
taken along a drift over a length of 80 metres that showed a weighted
average of 231.48 g/t silver, 0.84% copper, 6.00% lead and 14.12% zinc.
Each sample weighed between 5kg and 10kg and the average interval
between samples was approximately 3 meters.

The samples were collected from channels cut across vein material in
skarn at the 690 level. This initial underground sampling is part of a
continuing program of the company to evaluate the resource potential of
the La Reforma property. Additional sampling is planned for the lower
levels at Level 680, Level 650 and Level 620 over a cumulative strike
length of 350m and average backs (height) of some 60m. These levels are
presently accessible through existing portals. This sampling program
will be augmented by surface and underground diamond drilling.
Underground drilling stations can be constructed at minimum cost.

"We expect 2013 to be a pivotal year for the company as we advance the
current work/development program and seek strategic alliances with
financial and operating partners for the Reforma property," stated
Wally Boguski, President and CEO. "2012 was a challenging environment
for the junior mining sector stemming from concerns with the global
economy. The company is continuing to execute its corporate strategy
and we look forward to reporting our company's progress in 2013."

Mr. Ruben Verzosa, P. Eng., a Qualified Person (QP) as defined by NI
43-101 has approved the geological content of this Press Release

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
has earned 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.

The recently optioned Boleo property is situated on the western
foothills of the Sierra Madre Occidental mountain range, at the common
boundary of the northeastern Mexican States of Sinaloa and Chihuahua
and expands the resource potential of Victory with 20,460 hectares of
contiguous property. This area is characterized by a northerly prolific
mineralized belt hosting the multi-million-tonne porphyry copper and
gold deposits of Santo Tomas and Bahuerachi.

Corporate Responsibility

Victory Resources Corp has a stated commitment of supporting the
properties' neighboring communities through dedicated programs with a
goal to improve the quality of life for all of its local citizens.
Supported by our corporate values, our corporate philosophy promotes
the creation of a positive work environment, which is crucial to the
success of our company. We uphold our values through policies and
envoirmental programs that foster employee commitment to sustainable
development. We endeavour to protect human dignity and individual
beliefs, and strive to create an environment that promotes mutual
respect for our employees, subcontractors, neighbouring communities,
host governments and the general population. In keeping with our
commitment to promote the development of the communities neighboring
our properties, our recruitment initiatives focus on hiring local
employees. We believe in the importance providing training to local
employees so they can eventually benefit from positions of greater
responsibility.

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
by management.

SOURCE Victory Resources Corporation