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Victoria Gold Corp VITFF

Victoria Gold Corp. is a gold mining company. The Company’s flagship asset is its 100% owned Dublin Gulch property, which hosts the Eagle, Olive and Raven gold deposits along with numerous targets along the Potato Hills Trend including Nugget, Lynx and Rex Peso. Dublin Gulch is situated in the central Yukon, Canada, approximately 375 kilometers (km) north of the capital city of Whitehorse. The property covers an area of approximately 555 square kilometers and is the site of the Company's Eagle and Olive Gold Deposits. It also holds a suite of other development and exploration properties in the Yukon, including Brewery Creek, Clear Creek, Gold Dome and Grew Creek. The Eagle West target area lies as close as 500 meters northwest of the main Eagle Gold Deposit and hosts the exposures of the granodiorite. The Raven target is located at the contact zone at the extreme southeastern portion of the Nugget Stock. The Brewery Creek Project is a past producing heap leach gold mining operation.


GREY:VITFF - Post by User

Bullboard Posts
Comment by cigarsailoron Nov 10, 2010 10:14pm
656 Views
Post# 17690235

RE: Results should be released when???

RE: Results should be released when???Bajanjohn - my guess is they are compiling several holes for a more comprehensive release.  Single drillholes are sometimes released if they are noteworthy but for larger systems it makes more sense for a company to compile several holes to demonstrate a trend or continuity of grade and potential size.  There is also the possibility of some strong structural issues related to the results to be able tie the zones together that may need to be addressed before an official release of information. You may be right that they are conducting some re-testing as well.  But since the Olive and Shamrock zones may have some potential impact on the total gold resource of Eagle - staff may be developing a model that can associate the zones to present a better sense of the size of the system.  I would expect a news release fairly soon outlining their efforts and results to-date.  I have considerable confidence in their staff and you are right in suggesting these are honest folks - I am sure they will release only data that is truly representative of their discoveries as opposed to less reputable companies that just release data without regard to what it really means for the future of their project.
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