Minago nickel project update

Victory Nickel Inc. has provided an update on activities that are ongoing at its 100%-owned Minago nickel project in Manitoba, Canada. The first blast on the limestone outcrop has been completed and diamond drilling has begun with two rigs on site and a third scheduled to arrive shortly. Two rigs are drilling now in the Nose Deposit proposed pit area. A third is being prepared for mobilization, and with the drilling and construction work ongoing there will be about 60 personnel working at the Minago site this winter. In addition to site activities, the company is actively engaged in evaluating several financing structures in an effort to ensure that mine development at Minago proceeds uninterrupted.
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