Proactive investorsLogo Proactive Investors UK Website

Search field
Additional information
Additional Information
Market: TSX-V
Sector: Gold Mining
Epic: .VIT
News: Latest news
Web Site: Victoria Gold Corp
Other Articles: 04-02-201012-01-201023-10-2009

RSS - Subscribe to the News Today on Proactive UK ▼

Saturday March 13, 09:47Premium risk at Prudential

Insurance giant Prudential has stolen the headlines this week, after their decision to buy AIA, the Asian life business of US insurer AIG, has attracted a mixed response from shareholders.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive AU ▼

Friday March 12, 01:39Circadian Technologies to present at Ultimate Healthcare & Biotechnology Event, March 24

Robert Klupacs, CEO of Circadian Technologies, recommended by US Investment Bank Merriman Curhan Ford, as "the Cheapest Little Antibody Company on the Planet" will present in Sydney.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Friday March 12, 08:51White Energy enters coal deal with China Guodian Group

White Energy Company (ASX: WEC; OTCQX: WECFY) has inked a non-binding heads of agreement with state owned Guodian Inner Mongolian Energy Sources Co Limited to develop a coal upgrading [...]

FULL ARTICLE ►
Victoria Gold Corp

Victoria Gold Corp

Victoria Gold Corp (TSX.V: VIT) is a gold growth company focused on value creation for shareholders through efficient exploration and accretive acquisition. The company has an unparalleled project pipeline relative to its peers with a gold inventory of over 4.4 million ounces pro-forma the recent acquisitions of Gateway Gold Corp. and StrataGold Corp.  In addition, the company's Cove project has recently returned very positive gold exploration results placing it amongst the best gold discoveries in Nevada in several decades.  The gold mineral assets are located in areas of lower political risk and are at the development stage.

CLICK HERE FOR FULL ANLAYSIS OF VICTORIA GOLD CORP
Friday, October 23, 2009

Victoria Gold Corp cuts 309 meters at 2.25 grams per tonne gold from surface

by Jamie Ashcroft company news image

Victoria Gold Corp. (TSX-V: VIT) announced assay results from diamond drill hole the BH-2 at the Santa Fe gold exploration project, Nevada. The gold assay results exceed the Company’s expectations and are ‘especially encouraging’ as the BH-2 drill hole is only the second to be drilled on the Santa Fe property. BH-2 was consistently mineralized with almost continuous gold values for a minimum of 385 meters.


The Santa Fe property is located in South Western Nevada, within the Walker Lane physiographic province. The Walker Lane, one of the prime exploration terrains in Nevada, is host to over 45m ounces of gold and 436m ounces of silver. The property consists of 24 patented claims and 226 unpatented claims.


BH-2’s ‘almost continuous’ mineralization intersected varied grading, with the most meaningful mineralization holding an average grade of 2.25 grams per tonne along 309 meters starting at the surface,  including a more concentrated 3.93 grams per tonne along 49m from a depth of 104 meters.


Victoria's exploration activities on the Santa Fe property started this summer. The previously disclosed findings of the first drill hole returned 1.34 grams per tonne over 47.6m. Victoria Gold Corp is exploring the property through an earn-in agreement with Barrick Gold Corporation, Victoria can earn up to a 70% interest in the Santa Fe gold property, by incurring exploration expenses in an at least $6.5m 9 (USD) over a six year period.


BH-2 was drilled in the southeast corner, and close to the bottom of the main pit. This pit was mined to a depth of approximately 75meters to the top elevation of BH-2. The company targeted one of three intersection zones mapped by its exploration team, in and close to the open pit.


The Company believes that the gold system continues to depth. The true thickness of the mineralization intersected by BH-2 is not known at this time due to insufficient drilling to date at this depth in this target zone.


Victoria's geologists are currently compiling and analyzing the information generated by BH-2 including its structural geology characteristics. This will help determine the true orientation and size potential of the mineralized zones in the area near BH-2.


According to Victoria Gold Corp the results provide evidence that its justified in its commitment to continue exploring for gold in Nevada The timing of further drilling at Santa Fe will be based on the prioritization of work on this property relative to potential activity on Victoria's other quality gold exploration projects in Nevada and elsewhere.

AddThis Feed Button
Register here to be notified of future Victoria Gold Corp articles.

Other Victoria Gold Corp articles


Other Victoria Gold Corp news

More news ►

Investors interested in Victoria Gold Corp recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.