More drilling, gold at Dublin Gulch, Yukon

 

Last updated 9/3/2017 at Noon



Victoria Gold Corp. Aug. 28 reported results from 12 additional holes drilled at the Shamrock deposit at its Dublin Gulch gold property in the Yukon.

Highlights from this latest batch of results include 39.6 meters of 1.04 grams per metric ton gold in hole DG17-818C; 22.5 meters of 2.78 g/t gold in DG17-848C; and 16.5 meters of 2.24 g/t gold in DG17-845C. So far, Victoria has completed more than 23,000 meters of drilling at Dublin Gulch this year - encountering gold at multiple targets across the property.

Given this success, Victoria has expanded its 2017 exploration budget to C$12.5 million, more than double the original C$6.2 million budget.

More than 5,000 meters in 24 holes have been completed at the Olive-Shamrock Zone so far this year.

Assays for the final nine holes are pending.

This year's drilling includes in-fill and step-out drilling within the core Shamrock Zone, as well as areas southwest of the Olive-Shamrock open-pit as envisioned in a feasibility study completed last year.

The 2017 Olive-Shamrock drilling is now complete and Victoria is now focused on Spinach, a zone north of Shamrock where a fault-related, high-grade shear zone has been interpreted to exist.

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