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TORONTO, ONTARIO--(Marketwire - Jan. 10, 2011) - Victory Nickel Inc. (the "Company") (TSX:NI) (


Mr. Young has been a Board member since the Company's creation in 2007, and was instrumental in the advancement of the Company's Minago, Mel and Lac Rocher sulphide nickel deposits.


Chair Cynthia Thomas, stated: "Mike has been an important member of the board since Victory Nickel's inception. Mike's contribution will be missed and, on behalf of the entire board, I would like to offer our sincere thanks for his wise counsel and guidance, and to wish him and his family the best in the future."


The Board is identifying candidates to fill the vacancy created by Mr. Young's resignation and expects to be in a position to announce his replacement in the coming weeks.



About Victory Nickel



Victory Nickel Inc. is a Canadian company with four sulphide nickel deposits containing significant NI 43-101-compliant nickel resources. Victory Nickel is focused on becoming a mid-tier nickel producer by developing its existing properties, Minago, Mel and Lynn Lake in Manitoba, and Lac Rocher in northwestern Quebec, and by evaluating opportunities to expand its nickel asset base. Victory Nickel also owns shares in Prophecy Resource Corp. (TSX VENTURE:PCY) and Wallbridge Mining Company Limited (TSX:WM), the third largest landholder in the Sudbury Basin, which in turn owns approximately 12% of Duluth Metals Limited.


Please visit the Company's website at http://www.victorynickel.ca/">www.victorynickel.ca. Should you wish to receive Company news via email, please email nadine@chfir.com and specify "Victory Nickel" in the subject line.