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Victoria Gold Corp.
Summary
| Project: | Eagle | |
|---|---|---|
| Deposit: | Eagle Deep | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/23/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-10-2017: Victoria Gold Corp. announces an Exploration/Drilling Update report for its Eagle Deep deposit at the Eagle project. Drilling results incl. 624.1m @ 0.50g/t Au from 0.0m. Toronto, ON / October 23, 2017 / Victoria Gold Corp. (TSX.V-VIT) (“Victo | |
| Resources: | (Reserve, P+P): 123Mt @ 0.67g/t Au for 2.7Moz Au contained at Eagle Gold Mine | |
| CP/QP: | [Overall Report]: Paul D. Gray (Not stated) | |
| ABSTRACT: | Toronto, ON / October 23, 2017 / Victoria Gold Corp. (TSX.V-VIT) (“Victoria” or the “Company”) is pleased to announce the receipt of assays from the second of four drillholes that targeted previously untested areas adjacent to, and below the 2016 Eagle Gold Mine Feasibility Study pit boundary, the Eagle Deep targets. The Eagle Deep drillholes were designed to highlight the upside mineralization potential of the Eagle Deposit by testing the consistency of the mineralization beyond the currently envisioned pit walls at the Eagle Gold Mine. Drillhole DG17-910C, the first of the Eagle Deep holes drilled, successfully demonstrated the concept with 423m of 0.59 g/t Au from 221.0m (See Company News Release dated October 10, 2017). This second Eagle Deep hole returned a similar tenor of grade and intersection, further validating the positive impacts that previously undrilled areas proximal to the Eagle pit may bring to the Eagle Gold Mine. "Eagle Deep assay results continue to impress,” commented John McConnell, President and CEO of Victoria. “These newest results from alongside and beneath the current Eagle pit walls drive home the fact that there is more to Eagle than just what was captured in the Feasibility Study. 2017 continues to be an exciting exploration season for us. Diamond drilling and exploration activities are still in full swing and we look forward to additional exploration results throughout Q4, 2017.” | |
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