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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
Post by scissors14on Aug 09, 2004 9:08pm
225 Views
Post# 7792376

Today's Cannacord Morning Coffee

Today's Cannacord Morning CoffeeVictoria Resource (VIT : TSX-V : $1.55), Net Change: 0.04, % Change: 2.65%, Volume: 238,300 Discovering Victoria’s secrets. Victoria holds a 100% optioned interest in the Mill Canyon gold prospect in the Cortez Trend, Nevada subject to a 50% back-in option to Newmont Mining (NEM). Bema Gold (BGO) holds a 30.1% interest in the junior. The company is managed by the Bema Gold (BGO) team. In early July, the company reported that the deep drilling on a new target area, the RJR zone, located about 820 metres southeast of the Open Cut target, had returned up to 25.9 metres of 10.4 g/t Au. This hole, designated OC-36, has intersected a large decalcified and intensely altered horizon that at surface has dimensions of about 360 by 600 metres. Drilling intersected this horizon at about 265 metres vertical. Assays are received to 677 metres in depth. A step-out drill program is planned for this area. As well, follow-up drilling is to occur on the Open Cut target where drilling is to resume this month. Counter to many of the junior exploration names, Victoria shares have found bids at recent levels and shares look to trade higher.
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