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Victoria Gold Corp.
Summary
| Project: | Eagle | |
|---|---|---|
| Deposit: | Eagle Deep | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/30/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-10-2017: Victoria Gold Corp. announces an Exploration/Drilling Update report for its Eagle Deep deposit at the Eagle project. Drilling results incl. 607.8m @ 0.56g/t Au from 47.2m. Toronto, ON / October 30, 2017 / Victoria Gold Corp. (TSX.V-VIT) (“Vict | |
| 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 30, 2017 / Victoria Gold Corp. (TSX.V-VIT) (“Victoria” or the “Company”) is pleased to announce the receipt of assays from the final two drillholes of a four hole drill program that targeted previously untested areas adjacent to, and below the 2016 Eagle Gold Mine Feasibility Study pit boundary, the Eagle Deep targets. These additional Eagle Deep holes returned a similar tenor of grade and intersection lengths as the first two Eagle Deep drillholes, demonstrating long runs of consistent gold mineralization and higher grade at depth. "The Eagle Deep drill campaign has demonstrated strong continuity of mineralization below the Eagle Reserve and Resource Pits.” commented John McConnell, President and CEO of Victoria. “These are the deepest holes ever drilled at Dublin Gulch and highlight the mineral endowment of the project and the property. We are greatly encouraged by the higher than average gold grades observed at depth, particularly given the low strip ratio of the Eagle pit which bodes well for future pit expansion potential and extended mine life.” | |
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