Victoria makes Spinach gold discovery at Dublin

 

Last updated 1/11/2018 at 4:53pm

John McConnell

Victoria Gold Corp. Sep. 18 reported results from the first 11 holes drilled at the Spinach target, a previously untested area north of the Olive-Shamrock deposit at the Dublin Gulch gold property in the Yukon.

Highlights from this drilling include 14.3 meters of 1.04 grams per metric ton gold in hole DG17-866C; 6.1 meters of 2.38 g/t gold in DG17-860C; and 5 meters of 4.26 g/t gold in DG17-857C.

"These first drill holes from the Spinach target underscore the high-grade potential of this new area which lies within 500 meters of the Olive-Shamrock deposit," said Victoria President and CEO John McConnell.

Victoria also reported the discovery of Bluto, a large gold anomaly about 6,000 meters east of Eagle. During the course of cutting an access trail to Bluto, a six-meter-long heavily fractured quartz vein was uncovered near the headwaters of Indicator Creek. A trench here, TR17-16, returned 0.67 g/t gold across the entire 146 meters of the trench, including 30 meters of 2.44 g/t gold.

"Bluto has been a high-priority target on the Potato Hills Trend for many years, and with the exploration trail construction to the Nugget Zone in eastern Dublin Gulch underway this season, we were able to branch off from this corridor and bring the first modern, systematic mineral exploration to the Bluto target," said McConnell. "The fact that a high-grade gold vein was discovered early in this campaign demonstrates that our Potato Hills Trend mineralization model is working and we look forward to the first ever drill results from this highly prospective area."

–SHANE LASLEY

 

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