Victoria Gold Corp VITFF

Metals & Mining Gold

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

Victoria Gold Corp

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Post by valuekingon Sep 12, 2011 10:45am

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Post# 19032556

Opinion from this morning

Victoria Gold (VIT-V) is exploring Mill Canyon, where 9,000m are to be drilled in 2011.

VIT announced results of further regional exploration work from its Dublin Gulch property, host to the advanced-stage 6.3Moz Eagle Project (production start in 2014 subject to positive feasibility study expected in Q411). Results from targets along the Potato Hills Trend (PHT) include 16.77m grading 2.11g/t at Steiner (adjacent to Eagle), 15.16m grading 3.64g/t at Olive (3km NE of Eagle), and 3.05m grading 21.59g/t at Shamrock (4km NE of Eagle). Regional programs are becoming more advanced and we believe initial inferred resources could be reported in late-2011, in particular at the Olive target where management has indicated specific optimism. Ongoing regional programs cover both the 10km by 3km PHT (Olive, Shamrock, Popeye) and numerous other targets on the 28km by 15km Dublin Gulch property (including the drill-ready Rex-Peso area). VIT is executing a $9M program in C2011 that includes 17,000m of
drilling in the Yukon.

Outperform $1.45 target

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