 Victory Resources Inc told investors it had completed its previously announced extensive 45 kilometer km induced polarization IP survey at its Mal-Wen project in British Columbia and terminated its agreement with Silver Range Resources Ltd TSX-V:SNG, OTC:SLRRF over the Loner property in Nevada. Preliminary results from the survey at Mal-Wen indicate that two significant anomalies lie around 600 to 900 meters m east of the Mal prospect, and a 500m drill program is proposed to test these Mal East and far East anomalies. 