Markets

Victory Resources Climbs After Saying Underground Equipment to Set to Go

Victory Resources Corp (VR.V) is up 5 cents, climbing 16% to 36 cents a share after saying equipment is now on site for underground rehabilitation and diamond drilling on the main adit at the Remora mine in Mexico. Repairs also are slated for the Reforma South underground workings.

The main adit was originally constructed by Grupo Bal, which operated the mine between 1968 to 1980. Victory said rehabilitation of the main adit should take several weeks to complete, allowing the company to then begin a deeper diamond drill program.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos