- Partner News
- Media Releases
- Mainstream News
Press Release –
August 13, 2014
Toronto, ON / Victoria Gold Corp. (TSX.V-VIT) “Victoria” or the “Company” is pleased to announce the results of the final 6 drill holes of the of the 2014 Phase 1 Olive exploration program, adjacent to Victoria’s Eagle Gold deposit, Yukon Canada.
Mr. John McConnell, President and CEO of Victoria commented; “These final holes from the Phase 1 2014 Olive drilling program underscore the success of the near surface Olive Zone mineralization model we developed and tested. Moreover, these final exploration holes were designed as large step-outs along the projected strike of the Olive shear zone and lead us to believe the Olive target may be larger than we originally anticipated. We look forward to the results from the Phase 2 program which is progressing well.”
Phase 1 Program
Victoria’s 2014 Phase 1 Olive Exploration program included 20 diamond drill holes, 3 of which were used solely for metallurgical testing. The first 14 diamond drill holes from the Phase 1 program yielded highly encouraging results including 69.7m of 2.29 g/t gold, 96.1m of 1.22 g/t gold and 99m of 1.02 g/t Au (see News Releases dated June 24, 2014 and July 28, 2014).
Victoria has received assay results for the final 6 holes of the Phase I program including 89.6m of 1.18 g/t Au including 42.5m of 2.36 g/t and 22.7m of 1.43 g/t. A summary of mineralized intervals from assay results from the final six (6) holes is presented below.
446 total views, 2 views today