Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Victoria Gold (VGCX) is releasing results of its latest round of assays from the company’s Dublin Gulch Gold Camp
  • The 100-percent-owned property is located in the Yukon and covers approximately 555 square kilometres
  • The recent results stem from the project’s Raven Target, one of several priority gold targets on the property
  • Highlights included one drill hole which intersected 3.59 grams per tonne of gold over 83.5 metres
  • Victoria Gold is up 5.04 percent, trading at $9.38 at 11:19 a.m. EST

Victoria Gold (VGCX) is releasing results of its latest round of assays from the company’s Dublin Gulch Gold Camp.

The 100-percent-owned property is located in the Yukon and covers approximately 555 square kilometres.

The recent results stem from the project’s Raven Target, one of several priority gold targets on the property. It was the Toronto-based mineral exploration company’s primary focus during its 2022 exploration activities.

Highlights included one drill hole which intersected 3.59 grams per tonne of gold over 83.5 metres.

A total of 27,215 metres of diamond drilling were completed across the claim package, including 90 drill holes for 25,244 metres at the Raven Deposit in 2022.

The target’s mineralization remains open, in particular to the east, which will be the focus of the next phase of exploration.

“Exploration efforts at the Dublin Gulch Gold Camp continue to highlight the exceptional gold potential of the property and, in specific, the near-surface Raven Gold deposit,” said President and CEO, John McConnell.

“Raven exploration this past season was focused on testing the expansion potential from the maiden Mineral Resource Estimate. Notably, 2022 saw more holes collared in and around Raven than all previous campaigns combined. Of particular interest was the high-grade intersection in hole NG22-155C, which assayed 3.59 g/t over 83.5m, approximately 300 metres east along strike from the existing Raven Resource.”

Victoria Gold is up 5.04 percent, trading at $9.38 at 11:19 a.m. EST.


More From The Market Herald

" From corporate launch to upcoming initial resource estimate, here’s one of 2022’s top lithium performers

Lithium Ionic Corp. has been hailed as the multi-billion-dollar blueprint next door by analysts.

" Successful gold explorer makes NEW polymetallic discovery

Northstar Gold has been making headlines over the past couple of years advancing its high-grade flagship Miller Gold Property.

" @ the Bell: Growth-sensitive stocks fluctuate on mega jobs report

Canada’s main stock index ended on the higher side of flat on Friday trading as strength in the energy and technology sectors was weighed against

" Aimia (TSX:AIM) sells $7.36M in shares to Mithaq Capital

Aimia (AIM) has sold approximately $7.36 million of its common shares to investor company Mithaq Capital SPC.