Victoria Gold Corp. Oct. 17 said it has identified another zone of gold mineralization between Eagle Gold and Olive-Shamrock, the first two deposits slated for development at the Eagle Gold Mine at the Dublin Gulch property, Yukon.

Known as Catto, this newly drilled zone is the site of historic high-grade gold mines but has seen only cursory modern exploration.

Highlighted from 11 holes drilled by Victoria this year include: 24.4 meters of 1.64 grams per metric ton gold from a depth of 33.5 meters in hole DG17-867C; 21.4 meters of 0.99 g/t gold from 138 meter in DG17-892C; 7.4 meters of 1.19 g/t from 119.6 meters in DG17-888C; and 1.4 meters of 4.51 g/t from 160 meters in DG17-873C. The Catto zone lies just southwest of the Olive-Shamrock deposit.

The 2017 exploration, which included drilling and trenching, was designed to test for potential on-strike extensions to the Olive-Shamrock mineralized shear zone.

"Catto has long been a target we were looking forward to test," commented John McConnell, President and CEO of Victoria. "Not only does this zone fit well into the Potato Hills Trend model, it hosts several historic past gold producers and has not seen any modern, systematic drill efforts to test for additional gold ounces."

-SHANE LASLEY