1517081 B.C. Ltd. (Victory Exploration) is a mineral exploration company based in Vancouver, British Columbia. The Company proposes a small, short-term exploration program to check past results and test new targets.To protect caribou, the company will stop all work during the calving period from May 15 to July 15.The program may include:•Diamond drilling: up to about 20 small drill holes (total across the project area)•Mapping and sampling: basic geology mapping and small rock and soil samples•Geophysics: downhole surveys in a few holesNo permanent buildings will be built. No new camp will be built in the project area. Workers will stay in existing accommodations in nearby communities and/or in an existing permitted seasonal camp, and travel to work sites daily.Transportation will mainly use:•Winter overland travel on snow/ice by snowmobile and/or snowcat (to avoid ground disturbance)•Helicopter and fixed-wing aircraft when needed, using existing landing areas and natural snow/ice surfaces where allowedThe goal is to confirm historic exploration results and collect new information to better understand the potential for minerals, including silver, zinc, lead, copper, and gold. If results are positive, the company may plan more work in future years. Any future work would require additional planning and approvals.The Victory Lake Project is in the Kivalliq Region of Nunavut, about 180 km west of Rankin Inlet. The project area is about 178 km² and includes 11 mineral claims.The claims are on two land types:•Crown Land: about 51.6%•Kivalliq Inuit Owned Land (IOL): about 48.4%Some claims partly or fully overlap IOL parcels AR-26, AR-29, and WC-11. The project is within travel range of the communities of Whale Cove, Rankin Inlet, and Baker Lake, and several established seasonal camps.The proposed program is planned for 2026. Most travel and work is expected to occur when there is snow and ice cover (winter conditions).