Victory Project, Mongolia

Target with an arrow through the bulls-eye.

Large, underexplored system concealed under shallow cover.

Multiple High Impact Targets

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~632km² landholding on the Central Asian Orogenic Belt, with multiple untested copper gold targets across the licence.

District Scale Potential

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First 2,000m diamond program fully designed, permitted, and ready to commence.

Never Drilled At-Depth

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Only 24km from the Chinese border, providing future direct access to buyers, smelters, and infrastructure.

Strategic Location

Drill Plan

  • Six diamond holes, (2,000m) targeting the most exciting copper gold anomalies.

  • This consists of:

    • Three holes into a concealed 2km × 1km high chargeability + low resistivity zone along a major NE fault that has never been drilled.

    • Three holes testing >300 ppm copper anomalies (in shallow auger drilling) directly overlapping with high chargeability + low resistivity geophysics.

  • Drilling ready to commence.

  • First results expected soon after drilling start.

Map of Mongolia highlighting a recent victory, showing various mineral deposits including magmatic Cu-Ni, epithermal Au, porphyry Cu-Au/Mo, and VMS Au deposits, with key cities, railways, and borders indicated.

Trinity One holds 80% of the Victory Copper-Gold project, with joint-venture partner Lithium ION Energy Ltd.

Following exploration work by both parties in 2022 and 2023, the parties agreed to formally separate their ownership of the Victory Copper-Gold Project previously wholly owned by Lithium ION. The split of the Baavhai Uul license was approved by the Mineral Resource and Petroleum Authority of Mongolia on November 26, 2023. Under the arrangement, Trinity One owns 80% of the Victory Copper Project and relinquished exploration rights to the remainder of the license comprising the Baavhai Uul project. Lithium ION will retain a 20% free carried interest in the Victory Copper Project until commercial production.

The Victory Discovery is one of approximately 25 copper geochemical discoveries on the Baavhai Uul Exploration Licence associated with ultramafic and mafic intrusives (differentiated mafic sills) and is only the first to be followed up by 50m x 50m grid spaced shallow auger geochemical drilling. This type of mineralization and host lithology hosts many known deposits in northern China, including the Tier-1 Jinchuan Deposit.

On January 10, 2024, the Company completed analysis of auger geochemical and ground geophysical data across the Victory intrusive at the Victory Copper Discovery in Mongolia. This has highlighted numerous targets for further exploration.