Mining News: Victoria finds gold near Eagle deposit

Victoria Gold Corp. June 5 reported results from the first 22 holes drilled into the Eagle West zone, a new Dublin Gulch target immediately adjacent to the Eagle Gold deposit. Highlights from these initial holes include 21.3 meters of 2.11 grams per metric ton gold in hole DG17-805C; 21 meters of 0.88 g/t gold in DG17-783C; and 16.2 meters of 0.85 g/t gold in DG17-779C. The company said these results show the potential to add gold to the development phase Eagle Gold mine project. The 2017 Dublin Gulch exploration program has been underway since early April and is focused on the continued testing of the Potato Hills trend mineralization concept. While there are six first order drill targets, Eagle West is a second order target drilled early in the program due to its accessibility. "The Eagle West discovery demonstrates the exploration potential along the Potato Hills trend and another successful application of our new geological model developed from Olive-Shamrock definition drilling - shear zones related to the intrusive contact zones,” said Victoria Gold President and CEO John McConnell. “We currently have four diamond drills operating on the property and are focused on the Olive-Shamrock Zone and other first order Potato Hills trend drill targets.”

–SHANE LASLEY