WHITEHORSE, Yukon, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) is pleased to announce the first analytical results from the 2023 exploration campaign at the Raven deposit. Raven was the primary focus of this season’s exploration efforts with over 13,200 meters (“m”) of diamond drilling completed. The drilling campaign consisted of systematic fence drilling to the east of the current deposit bounds coupled with exploratory drillholes around the promising high-grade mineralization identified last season in drillhole NG22-155C (20.24 g/t Au over 14.5m; see Company News Release dated January 19, 2023). Victoria anticipates releasing an updated Raven Mineral Resource Estimate after the completion of the 2023 field season including receipt and analysis of all results.
Assays for 16 of the 39 drillholes collared in 2023 have been received – highlighted results are presented below:
7.80 g/t Au over 6.0m from 235.5m in NG23-167C
3.03 g/t Au over 11.3m from 256.3m in NG23-168C
20.20 g/t Au over 1.1m from 292.3m in NG23-170C
3.45 g/t Au over 27.5m from 239.0m in NG23-172C
3.47 g/t Au over 18.5m from 170.5m in NG23-179C
“A busy 2023 exploration program served to validate and expand the mineralized footprint of Raven while increasing overall confidence in the Raven deposit,” stated John McConnell, President and CEO of Victoria. “With each successive season, Raven has grown in size and 2023 should prove no different as we focused exploration towards growth of the deposit along strike - particularly to the east where 2023 results underscore the development of a high-grade trend.”
During the 2023 field season, 13,220m of diamond drilling was completed at the Raven deposit (39 holes), along with 1,282m of surface trenches (16 trenches), detailed structural/geological mapping and prospecting. Drilling in 2022 and 2023 tested an additional 400m of strike length from the 2022 Resource eastern limits.
see & read more on
https://www.globenewswire.com/news-release/2023/09/14/2743062/0/en/Victoria-Gold-3-5-g-t-Au-over-27-5m-at-Raven-Deposit-Dublin-Gulch-Gold-Camp-Yukon.html |
