Victoria Gold Corp. (TSXV:VIT) reported drill results from 14 holes over 2,467m targeting the Eagle Extension Zone, located west of the proposed Eagle
Gold Mine, hosting similar geology as Eagle. Results were highlighted by 0.64 g/t Au over 21.3m (DG17-852C) and 0.76 g/t Au over 26.7m (DG17-879C),
in an area that previously had been underexplored. In addition, the company completed a surface trench, which returned 0.41 g/t Au over 104m, the full
length of the trench. Importantly, the results suggest that mineralization intersected during drilling extends to the surface. Exploration at Dublin
Gulch continues to successfully test the Potato Hills Trend exploration model, and highlight the properties exploration upside. Victoria currently
trades at a discount on a per ounce basis, or C$29/oz versus peers at C$48/oz, which we believe does not take into account the exploration potential
of the Dublin Gulch property or that the project has just transitioned from shovel ready to under-construction.
Derek Macpherson | VP Mining Analysis
Victoria Ellis Hayes | Associate
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Victoria Gold Corp. - TSXV:VIT- 1,2,4
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