Victory Battery Metals Corp. announced its management team is targeting the uranium exploration sector, motivated by the robust market performance of uranium in 2023 and its bright prospects moving forward. The Company also provides an update on its highly prospective Stingray Lithium Properties a few km south of PMET's Corvette property and adjacent Rio Tinto-Azimut.

Victory controls a significant 347 non-contiguous claims, covering 17,792 hectares that stretch across 65 kilometers from east to west in the highly sought-after James Bay Lithium District. In a strategic development during July 2023, Rio Tinto Exploration Canada entered into two Option to Joint Venture Agreements with Azimut Exploration Inc. for the Kaanaayaa and Corvet lithium properties, which are contiguous to Victory's Lac Block and Riviere Block to the east and south, respectively. The Li values of a group of samples from the Lac Block (data from SIGEOM > Interactive Map - Geochemistry - Lake Sediments) are higher than those in the main western Li anomaly shown on the Kaanaayaa Property from Azimut's 23 January 2023 release.

The Company plans to closely monitor the outcomes of Rio Tinto-AzimUT's ongoing winter program to refine its own exploration strategy and target delineation. Furthermore, Victory's exploration team is set to conduct comprehensive geologic and surface geochemical surveys, complemented by satellite imagery and airborne geophysics, to further refine drill targets on the Stingray claims throughout 2024. Amidst the global recognition of Canada, and particularly Quebec, as a pivotal player in the electric vehicle (EV) revolution, Victory is strategically positioned in a region that is at the forefront of this transformative industry shift.