Ann: Victory Bore Vanadium Project Drilling to Advance PFS, page-10

Yes thats correct.
Information from XRF supplier
The lab results could be another 12 weeks but XRF gives them accurate results to proceed the project faster rather than wait.


Rapid results, defensible data, increased productivity for mining & exploration From a volatile commodities market to financing, safety, and employment issues, the pressure on mining companies to increase efficiency and productivity has never been greater. With a fierce competitive landscape and substantial capital investments at stake, mining companies need to quickly identify and recover the most economically viable resources.
Our mineral analysers provide miners solutions for rapid geochemical analysis that increase discovery success rates, identify drill targets quickly, make on-site decisions about whether to stop or continue drilling, and decide where to focus on the grid. Handheld mineral analysers enable creation of accurate report to the capital markets as fast as possible.Thermo Scientific™ Niton™ portable X-ray fluorescence (XRF) mineral and elemental analysers are making a critical difference in mining exploration and production. Designed for rugged field environments, our handheld analysers provide rapid, on-site qualitative screening directly in-situ or lab-quality quantitative analysis on prepared samples, bypassing the costly and time-consuming process of sending samples to off-site laboratories and waiting days, or even months, for critical data. With rapid sample analysis, you get real-time geochemical data to guide drilling decisions, enable high-productivity operations, and gain a competitive advantage.Learn how we can help guide every step of the exploration and mining process.