Toronto, ON / December 17, 2020 / Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”), herein, provides a corporate update.

GDXJ Index Inclusion
Victoria is pleased to announce that the Company will be added to the VanEck Vectors Junior Gold Miners ETF (“GDXJ”). Victoria will be added to the GDXJ Index after the close of markets on December 18, 2020.
Mr. John McConnell, President and CEO commented, “Inclusion in the GDXJ is a noteworthy milestone for Victoria as it is an indication of the Company’s ongoing growth. Graduating to the Toronto Stock Exchange earlier this year along with becoming a constituent of the GDXJ and other major exchange traded funds provides Victoria’s investors with improved liquidity, trading flexibility and value.”

About the Dublin Gulch Property
Victoria Gold's 100%-owned Dublin Gulch gold property (the “Property”) is situated in central Yukon Territory, Canada, approximately 375 kilometers north of the capital city of Whitehorse, and approximately 85 kilometers from the town of Mayo. The Property is accessible by road year round, and is located within Yukon Energy's electrical grid.
The Property covers an area of approximately 555 square kilometers, and is the site of the Company's Eagle and Olive Gold Deposits. The Eagle Gold Mine is Yukon's newest operating gold mine. The Eagle and Olive deposits include Proven and Probable Reserves of 3.3 million ounces of gold from 155 million tonnes of ore with a grade of 0.65 grams of gold per tonne, as outlined in a National Instrument 43-101 Technical Report for the Eagle Gold Mine dated December 3, 2019. The Mineral Resource under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) for the Eagle and Olive deposits has been estimated to host 227 million tonnes averaging 0.67 grams of gold per tonne, containing 4.7 million ounces of gold in the "Measured and Indicated" category, inclusive of Proven and Probable Reserves, and a further 28 million tonnes averaging 0.65 grams of gold per tonne, containing 0.6 million ounces of gold in the "Inferred" category.

Qualified Person
The technical content of this news release has been reviewed and approved by Paul D. Gray, P.Geo, as the “Qualified Person” as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
Cautionary Language and Forward-Looking Statements
This press release includes certain statements that may be deemed "forward-looking statements". Except for statements of historical fact relating to Victoria, information contained herein constitutes forward-looking information, including any information related to Victoria's strategy, plans or future financial or operating performance. see & read more on
https://vgcx.com/site/assets/files/6628/nr_corp_update_2020-12-17_final.pdf