PRNewsWire
22 Jun 2026, 06:22 UTC · 2h ago
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Rock Tech Lithium has entered an option agreement to acquire a 100% interest in the Victory Project, a 9,875-hectare lithium exploration property in Ontario. — Acquisition of new assets expands the company's resource pipeline and potential for future growth.
+0.40The Victory Project contains two spodumene-bearing pegmatite occurrences with surface grab samples returning up to 5.11% Li2O. — High-grade surface samples provide a positive signal for exploration potential, though they are not yet drill-tested.
+0.30The Victory Project is strategically located near the Trans-Canada Highway and CPKC rail infrastructure, intended to feed Rock Tech's proposed Red Rock Converter. — Proximity to infrastructure reduces future capital expenditure and logistical risk for feedstock transport.
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The company expanded its Ontario lithium supply chain through a strategic acquisition of the Victory Project.
Mentioned as providing necessary rail infrastructure for the new project, which is a minor operational positive.
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