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Victoria Gold Corp.
Summary
| Project: | Eagle | |
|---|---|---|
| Deposit: | Dublin Gulch | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/17/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-1-2019: Victoria Gold Corp. announces an Exploration/Drilling Update report for its Dublin Gulch deposit at the Eagle project. Drilling results incl. 20.6m @ 1.49g/t Au, 11.56g/t Ag from 67.7m. TORONTO, Jan. 17, 2019 -- Victoria Gold Corp. (TSX.V-VIT) | |
| Resources: | (Resource, M+I): 198Mt @ 0.639g/t Au for 4.082Moz Au contained | |
| CP/QP: | [Overall Report]: Paul Gray (Not stated) | |
| ABSTRACT: | TORONTO, Jan. 17, 2019 -- Victoria Gold Corp. (TSX.V-VIT) (“Victoria” or the “Company”) is pleased to report the assay results from 2018 Nugget and Bluto drillholes on the Dublin Gulch Property, Yukon. "The 2018 exploration program at Dublin Gulch resulted in a new discovery, the Raven Target at Nugget. This discovery further validated the efforts to build out infrastructure along the growing Potato Hills Trend,” stated John McConnell, President & CEO. “A drill rig remains on site at Raven which will be a main focus of 2019 exploration.” Holes NG18-007C and NG18-008C were drilled proximal to the Raven discovery hole NG18-006C (See Company News Release of December 3, 2018) in order to gain geometry on gold mineralization. A geochemical soils program conducted by Victoria over Nugget has defined an approximately 1 kilometer2 coincident Arsenic+Gold+Bismuth-in-soils anomaly that is centered on the Raven Target. Together, the three diamond drillholes collared at Raven last season tested approximately 225 linear meters of this large 1,800 meter long by 900 meter wide soil anomaly that remains open to the south and east. 2,448 soils samples were collected over the Nugget in 2018 on nominal 100 meter spaced lines on 50 meter centres: Au-in-soils results ranged from trace to 5.18 g/t Au and averaged 37 ppb Au; As-in-soils results ranged from trace to 4,838 ppm As and averaged 18 ppm As. | |
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