Victory Nickel: Overview

Victory Nickel Inc. is a growth-oriented Canadian nickel company with over 900 million pounds of in-situ nickel in measured and indicated resources, and an additional 244 million pounds of in-situ nickel in inferred resources at its Minago, Lynn Lake, Mel and Lac Rocher sulphide nickel deposits. National Instrument 43-101-compliant resources (total nickel basis) are as follows:

Classification	Tonnes (Millions)	Grade (% Ni)	In-Situ Nickel (millions lb)
Minago*
Measured	11.1	0.56	136
Indicated	43.1	0.51	484
Total M&I	54.2	0.52	620
Inferred	14.6	0.53	170
Lynn Lake**
Measured	0.86	0.80	15
Indicated	13.7	0.65	196
Total M&I	14.6	0.66	211
Inferred	4.2	0.59	55
Lac Rocher**
Measured	0.29	1.23	8
Indicated	0.51	1.05	12
Total M&I	0.80	1.12	20
Inferred	0.44	0.65	6
Mel**
Indicated	4.3	0.875	83
Inferred	1.0	0.839	19

All of Victory Nickel's projects are under the supervision of Paul Jones, V.P. of Exploration, who is Victory Nickel's internal Qualified Person under National Instrument 43-101.

Overview

Projects