RE:RE:RE:RE:RE:RE:RE:RE:RE:Kinross numbers ar 2018This is the news release in June regarding the Raven Target.
certainly looks promising. WHITEHORSE, Yukon, June 05, 2019 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX.V-VIT) “Victoria” or the “Company” is pleased to announce that the 2019 Dublin Gulch exploration campaign has begun. Diamond drills and all required heavy equipment to support planned 2019 exploration are currently on the property and work will be focused on the Nugget Zone which hosts the Raven Target. The goal of the 2019 Raven diamond drill program is to define a mineable gold deposit through surface trenches and drill testing. "The 2019 exploration program will be focused on testing of the Raven Target discovery of 2018.” stated John McConnell, President & CEO. “The exploration team, led by Paul Gray, VP Exploration, are excited by the late season trench results at Raven, and by the potential of this high-grade area as an emerging gold district.”
The Raven Target received minimal geophysics, geochemical and surface trenching exploration last year, yet results exceeded expectations; including the following surface trench results:
- TR18-33 which returned 124.0 meters of 3.51 g/t Au;
- TR18-37 which returned 50.0 meters of 4.15 g/t Au; and
- TR18-38 which returned 4.0 meters of 7.25 g/t Au
(See Company News Release of January 18, 2019).
The diamond drill hole program planned at Raven for 2019 is designed to test an approximately one square kilometer coincident gold, arsenic and bismuth in soils anomaly that was defined from the 2018 soils geochemical program. Raven is centered in this large 1.8 kilometer long by 900 meter wide soil anomaly that remains open to the south and east. The 2018 Raven trenches covered an area of over 200 linear meters and returned scorodite, bismuth and siderite related sulphide vein exposures over the length of the trenches. Additionally, the 2018 induced polarization and VLF-EM geophysical surveys have defined a series of chargeability anomalies and conductors that coalesce at Raven and extend across the soils anomaly. These targets will be evaluated by surface trenches and drilling this season.
An important part of the 2018 Nugget exploration program was the establishment of infrastructure; including a tote trail and a 25 person exploration camp and associated facilities. This allows for exploration to proceed with minimum impact on the construction and production activities at the Eagle Gold Mine.