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Additional Information
Market: TSX-V
Sector: Gold Mining
EPIC: VIT
Latest Price: 0.23  (-4.17% Descending)
52-week High: 0.74
52-week Low: 0.23
Market Cap: 63.72M
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Victoria Gold Corp
www.vitgoldcorp.com

Victoria Gold Corp. is an exploration company with interests in 17 gold projects located in North Central Nevada covering over 50,000 hectares (120,000 acres).

The Company’s strategy is to add value per share through efficient exploration, accretive acquisitions and effective marketing.

Maintaining a low risk profile through project diversification sound financial management and operating in secure jurisdictions are key priorities for Victoria’s management team.

Full Victoria Gold Corp profile here
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Victoria Gold Corp signs MoU with local First Nation over Eagle gold project in Yukon

21st May 2010, 12:00 pm
Victoria Gold Corp signs MoU with local First Nation over Eagle gold project in Yukon

Victoria Gold Corp (TSX-V: VIT) has signed a MoU (memorandum of understanding) with the Na-cho Nyak Dun First Nation over the Eagle gold project in Yukon, with the sides now expecting to sign an impact benefits (IB) agreement by the end of the current year.

The MoU was called an “important first step” towards the completion of a detailed IB to address the socio-economic and impact benefits associated with mine construction and operation at the Dublin Gulch property containing the large Eagle deposit and other gold exploration targets.

The Dublin Gulch property is located within the traditional lands of the Na-cho Nyak Dun and is approximately 85 kilometres northeast of the village of Mayo.

The self governing First Nation has had an exploration cooperation agreement in place with Victoria since 2008.
“We have been getting to know the residents of Mayo, and we hope many will come to work with us in the future; we look forward to a mutually beneficial relationship,” said executive vice president and director of Victoria Gold Corp John McConnell.

The Dublin Gulch property contains the Eagle Gold Deposit which hosts a NI 43-101 compliant probable reserve of 1,751,000 oz (ounces) of gold contained in 66,141,000 tonnes of ore grading 0.823 g/t calculated using a gold price of US$900/oz.

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