Victory Ventures Inc. (TSX VENTURE:VVN)(FRANKFURT:VV0) (the "Company") is
pleased to report that it has completed a drill contract for its planned diamond
drilling program on the Copau Property, located in the Iskut District of
northern British Columbia (the "Property"). A contract for the upcoming drill
program has been signed with Blackhawk Drilling Ltd. of Smithers, BC. Victory
Ventures is exploring for copper-gold porphyry mineralization, similar to that
found at the nearby Red Chris copper-gold porphyry deposit, currently moving
towards mineral production by 2014.


The Property has been permitted for up to five diamond drill holes, to be
drilled from existing road access. Drill holes will be drilled to depths of
between 400 meters and 500 meters to test the full potential of the
depth-strengthening IP chargeability anomalies on the surveyed grid portion of
the property.


The drill program on the Property, planned for the first week of June, 2013,
will test a prospective IP chargeability anomaly, as discovered by survey work
carried out on the property by Frontier Geosciences Inc. in 2012. A
chargeability anomaly, increasing in strength with depth, was detected at 155 m
to 455 m depth against a background of overall lower resistivities. Between 205
metres to 455 metres chargeabilty measurements varied from 20ms to 40ms
(milliseconds) at 205 metres depth, increasing to 70ms to 100ms at 455 metres
depth. 


The newly defined deep IP chargeability anomaly forms a pattern similar to the
chargeability anomalies identified at Red Chris, 11.5 kilometers to the
southwest, where the bulk of the mineralization is hosted in the deeper,
stronger southern chargeability anomaly.


On the Copau Property, the main zone of anomalous chargeability is presently of
indeterminate size as it lies open to the south and west of the currently
surveyed grid area. The presently known anomaly covers an area of at least 600 m
long on a north-south axis and approximately 200 metres to 400 metres wide in an
east-west direction. It is postulated that the main zone of strong chargeability
is likely caused by increasing sulphide content within the interpreted southwest
dipping syenite body, possibly related to hydrothermal processes within the
syenite body.


Although there is little rock outcrop present on the Property, several
occurrences of sulphide mineralization have been located, including pyrite,
chalcopyrite as well as magnetite hosted in a syenite host rock. The syenite
body which is known to underlie the central part of the Property is likely an
important causative factor in the mineralizing process. Mineralization was first
discovered on the Property area in 1994 during a regional mapping program by the
BC Geological Survey. The showing was designated as Minfile B-31, with one
sample assaying 0.34% copper. 


The Property is located in the northern end of the prolific "Golden Triangle",
an area well known for its potential to host world-class alkalic-type
copper-gold porphyry deposits. The main driver for exploration in this region is
Imperial Metals Corporation's Red Chris development project, which lies 11.5
kilometres southwest of the Property.


The Red Chris Mine, with planned production of 30,000 tonnes per day, will be in
production by 2014, in conjunction with the completion of the Northwest
Transmission Line. From a 2012 technical report, Imperial Metals states that Red
Chris currently has measured and indicated resources of 1.22 billion tonnes with
an average grade of 0.327% copper and 0.327 g/t gold, using a 0.2% copper
equivalent cut-off. A similar size and grade resource also exists in the
inferred resource category.


Several other companies are actively pursuing copper-gold porphyry targets in
the Red Chris deposit region.


West Cirque Resources is actively carrying out exploration work on their Castle
Property, located 25 km northwest of the Red Chris deposit. West Cirque has
recently entered into an agreement with Freeport-McMoran of Canada Ltd., whereby
Freeport can earn a 51% interest in the Castle, Tanzilla and Pliny mineral
properties, following an $8,000,000 cumulative expenditure on the properties
over a 4 year period. The majority of the exploration expenditures will be
directed towards exploration of the Castle property.


Colorado Resources Ltd. are working on their Eldorado property, located 7
kilometers north of Red Chris, where plans are in place to drill test newly
discovered deep IP chargeability anomalies. 


Also active in the area is Teck Resources Ltd, carrying out an extensive
exploration program on their GJ (Kiniskan) property located 20 kilometers west
of Red Chris. 


Qualified Person

Mr. Greg Thomson, P.Geo. is the Qualified Person as defined by National
Instrument 43-101. Mr. Thomson is a director for the Company and has reviewed
and approved the technical information contained in this news release.


On behalf of the Board of Directors:

Howard Milne, Director

Victory Ventures Inc. is a Canadian-based junior mining exploration company
focused on the procurement, exploration and development of precious metal
properties in North America. The Company's Shares are listed and posted for
trading on the TSX Venture Exchange under the symbol "VVN" and on the Frankfurt
Exchange under the symbol "VV0".


FOR FURTHER INFORMATION PLEASE CONTACT: 
Victory Ventures Inc.
Howard Milne
Director
(604) 377-8994
hdmcap@shaw.ca
www.victoryventures.ca

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