TORONTO, ON--(Marketwired - February 15, 2017) - Victoria Gold Corp. (TSX VENTURE: VIT) "Victoria" or the "Company" is pleased to announce that Anthony (Tony) George has been
named Vice President, Project Execution. Mr. George has been involved in several successful mine builds, having managed the
development of Lucara Diamond Corp's Karowe Mine and De Beers' Victor Mine. Most recently, Mr. George was Vice President -
Project Development at Lundin Gold, responsible for all aspects of the feasibility study for the advancement and development of
the Fruta del Norte project.
"I am delighted to have someone of Tony's caliber join Victoria's management team," said John McConnell, President & CEO. "We
were colleagues at De Beers and I very much look forward to working with Tony again."
About the Dublin Gulch Property
Victoria Gold's 100%-owned Dublin Gulch gold property is situated in the central Yukon Territory, Canada, approximately 375
kilometers north of the capital city of Whitehorse, and approximately 85 kilometers from the town of Mayo. The Property is
accessible by road year-round, and is located within Yukon Energy's electrical grid. The Company has constructed and maintains a
100 person all-season camp at the project site.
The Property covers an area of approximately 555 square kilometers, and is the site of the Company's Eagle Gold Deposit. The
Eagle Gold Mine is expected to be Yukon's next operating gold mine and, between the Eagle and Olive deposits, include Proven and
Probable Reserves of 2.7 million ounces of gold from 123 million tonnes of ore with a grade of 0.67 grams of gold per tonne, as
outlined in a National Instrument 43-101 feasibility study. The NI 43-101 Mineral Resource for the Eagle and Olive deposits has
been estimated to host 191 million tonnes averaging 0.65 grams of gold per tonne, containing 4.0 million ounces of gold in the
"Measured and Indicated" category, inclusive of Proven and Probable Reserves, and a further 24 million tonnes averaging 0.61
grams of gold per tonne, containing 0.5 million ounces of gold in the "Inferred" category.
Qualified Person
The technical content of this news release has been reviewed and approved by Paul D. Gray, P.Geo., as the Qualified
Person.
Cautionary Language and Forward-Looking Statements
Neither the TSX Venture Exchange, nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of
this release. This press release includes certain statements that may be deemed "forward-looking statements". All statements in
this discussion, other than statements of historical facts, that address future exploration drilling, exploration activities,
anticipated metal production, internal rate of return, estimated ore grades, commencement of production estimates and projected
exploration and capital expenditures (including costs and other estimates upon which such projections are based) and events or
developments that the Company expects, are forward-looking statements. Although the Company believes the expectations expressed
in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance
and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause
actual results to differ materially from those in forward-looking statements include metal prices, exploration successes,
continued availability of capital and financing, and general economic, market or business conditions. Accordingly, readers should
not place undue reliance on forward-looking statements.