"The 2018 exploration program at Dublin Gulch resulted in a new discovery, the Raven target at Nugget. This discovery further validated the efforts to build out infrastructure along the growing Potato Hills Trend," President and CEO John McConnell said in the release.
At Nugget, highlight holes include NG18-007C, which returned 20.6 meters (20.6m) of 1.49 grams per ton (1.49 g/t) gold and 11.56 g/t silver, including 7.7m of 3.36 g/ton gold and 30.6 g/t silver. Hole NG18-008C returned 8.1m of 0.48 g/t gold and 1.06 g/t silver. Both of these holes were drilled proximally to the Raven discovery hole NG18-006C.
At Bluto, "an approximately 5 kilometer coincident arsenic-gold-bismuth in-soils anomaly," Victoria placed 10 diamond drill holes over 1,930m, the release indicated. In seven of the 10 holes, anomalous gold mineralization was encountered. Hole DG18-984C, for instance, intersected 16.8m of 3.6 g/t gold.
This year, 2019, Victoria Gold will concentrate its exploration efforts at Raven, where a rig remains mobilized.
Read what other experts are saying about:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Victoria Gold. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.