Mining News: Continued success west of Victoria’s Eagle Gold

Victoria Gold Corp. July 24 reported the results from an additional 17 holes drilled at Eagle West, a zone of gold mineralization situated 500 meters northwest of the main Eagle Gold deposit at the company’s Dublin Gulch project in the Yukon. Highlights from this latest batch of results include 31.5 meters of 0.99 g/t gold from 56.4 meters in hole DG17-809C; 35.3 meters of 1.03 g/t gold from 34.2 meters in hole DG17-821C; and 31.5 meters of 0.77 g/t gold from 7.6 meters in hole DG17-833C. These results are similar to and correlate well with the initial 22 holes from Eagle West released earlier this year, which included 21.3 meters of 2.11 g/t gold in hole DG17-805C; 58.5 meters of 0.87 g/t gold in hole DG17-805C; and 21 meters of 0.88 g/t gold in hole DG17-783C. Mineralization at Eagle West is geologically similar to Eagle and represents a potential satellite deposit accretive to the main Eagle deposit. "The Eagle West drilling this season clearly demonstrates that additional, near-Eagle gold mineralization exists at Dublin Gulch and underscores Victoria's ability to continue to build out new gold resources within the shadows of the Eagle Gold Mine infrastructure," said Victoria President and CEO John McConnell. A total of 3,682 meters of diamond drilling was completed at Eagle West in 2017, with assays from 39 of the 41 drill holes from the drill-out received to date. While the majority of holes were 60-70 meters in length, eight holes deeper than 100 meters targeted and found gold mineralization continuity to depth. Drilling west of Eagle continues with the focus now shifted to the Eagle Extension Zone, an area on the northern contact margin of the intrusive units immediately adjacent to the western pit wall of the Eagle Gold Mine. Victoria said this area, like Eagle West, had previously received only cursory exploration drilling and represents an under-tested area contiguous to the Eagle Gold Mine that fits into the Potato Hills Trend exploration model.

–SHANE LASLEY