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Victoria Gold Corp.
Summary
| Project: | Eagle | |
|---|---|---|
| Deposit: | Olive-Shamrock | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/20/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-7-2016: Victoria Gold Corp. announces an Exploration/Drilling Update report for its Olive-Shamrock deposit at the Eagle project. Drilling results incl. 126.5m @ 0.76g/t Au from 6.1m. Toronto, ON / July 20, 2016 / Victoria Gold Corp. (TSX.V-VIT) “Victor | |
| Resources: | (Reserve, Prob.): 92Mt @ 0.78g/t Au for 2.3Moz Au contained at Eagle | |
| CP/QP: | [Overall Report]: Paul D. Gray (Not stated) | |
| ABSTRACT: | Toronto, ON / July 20, 2016 / Victoria Gold Corp. (TSX.V-VIT) “Victoria” or the “Company” is pleased to announce Shamrock Zone assay results from the Spring 2016 Olive-Shamrock Exploration Program. Mr. John McConnell, President and CEO of Victoria commented; "The results from the Shamrock Zone are extremely encouraging. While it is still early days for the Shamrock target, we are pleased to confirm additional exploration upside in close proximity to the main Eagle deposit. On the back of a successful Phase I program, we are currently following up with an IP geophysics program along strike from the Olive/Shamrock Zone. The geophysics program will assist in delineation of further drill targets for a Phase II drill campaign late this summer.” Gold assays from all diamond drill holes of the 2016 Olive-Shamrock program have now been received and released. Previous results released earlier this summer from the Olive Zone included 38.1m at 2.1 g/t Au, 144.5m at 1.2 g/t, 73.8m at 1.6 g/t gold and 167.5m at 0.92 g/t including 30.1m at 2.85 g/t gold. The Olive-Shamrock 2016 exploration program was designed to increase confidence in a potential gold resource estimate and expand the Olive-Shamrock Zone along strike and across the interpreted mineralization controlling structure. Currently, the Olive-Shamrock Zone has been tested over a strike length of 1.5 kilometres and approximately 300 metres in width, with the main focus of 2016 drilling concentrated within an area of approximately 500 metres by 300 metres. | |
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