Whitehorse, YT / November 16, 2020 / Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) is pleased to provide the analytical results from the final set of 2020 Raven drillholes. The 2020 Raven exploration campaign increased the mineralized strike length of the Raven target by more than 750 meters, tripling the previously known strike length. Gold assay results from all drillholes collared in Raven this past season have been received, with this release representing the final thirteen (13) drillholes from the 2020 Raven drill campaign.

Once again, multiple long intersections of gold, typical of Raven-style mineralization have been identified from these holes, including:
•3.95 g/t Au over 19.0 m in hole NG20-037C
•3.05 g/t Au over 13.2 m in hole NG20-037C
•2.13 g/t Au over 10.5 m in hole NG20-038C
•4.48 g/t Au over 13.7 m in hole NG20-045C
•1.63 g/t Au over 50.8 m in hole NG20-045C

“Raven continues to deliver high-grade, near-surface gold intervals.” stated John McConnell, President & CEO. “Raven is one of several targets identified through application of the Potato Hills Trend Mineralization Model. Results from this geological model highlight the extensive mineral potential of the Dublin Gulch Gold Camp. Anomalous gold mineralization was intercepted in each of these Raven drillholes, underpinning the fact mineralization remains open to the north, south, east, west and to depth. Raven will be a major focus for next season’s exploration work.”

Other notable high-grade intercepts of gold mineralization from this suite of holes include:
•19.40 g/t Au over 0.9 m in hole NG20-043C
•25.10 g/t Au over 1.0 m in hole NG20-047C
•15.20 g/t Au over 1.3 m in hole NG20-048C

Raven, Victoria’s newest gold discovery, was the main focus of 2020 Dublin Gulch Gold Camp exploration efforts. Diamond drilling in conjunction with detailed surface trenches, geologic mapping and soils geochemical surveys were utilized during the course of the campaign. Oriented core was collected over Raven this past season and, in unison with the detailed core logging and surface mapping, will be utilized to help vector in on mineralization controls.

The 2020 Dublin Gulch Exploration Program culminated in the collaring of 35 diamond drill holes totalling over 8,040 meters; over 3,000 meters of surface trenches, the collection of 3,700 soil samples and the shipment of more than 6,000 core and trench samples.

A summary table of highlights from the final 13 Raven drillholes of 2020 is presented in the table below:

Hole ID From (m) To (m) Length* (m) Gold (g/t) Silver (g/t)
NG20-036C 115.6 128.0 12.4 0.59 1.23
NG20-037C 35.7 209.9 174.2 0.76 2.33
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