Victoria readies for busy Dublin Gulch exploration

Victoria Gold Corp. Jan. 19 announced that it plans to carry out a C$6.2-million initial phase of 2017 exploration at its Dublin Gulch property which hosts the Eagle Gold project and a number of outlying exploration targets.

The majority of the planned gold exploration activities will be focused on the Dublin Gulch claim block with a subordinate amount of exploration work set to be conducted on regional targets within the company's larger Yukon property holdings portfolio.

"2017 will be an exciting and busy exploration season for Victoria as we look to advance a series of high priority exploration targets previously identified on the large Dublin Gulch block," said Victoria President and CEO John McConnell. "Our exploration team has been working with minimal budgets for many years and has delivered high quality reserve ounces at the Olive-Shamrock target which were included in the updated Eagle feasibility study, filed in October 2016. The mineral endowment of the Dublin Gulch claim block is impressive, and management believes that 2017 represents a unique opportunity to underscore this through systematic exploration efforts in parallel to the development of our Eagle Gold Mine advances."

The phase-1 drill program will include infill and step-out drilling aimed at upgrading and expanding the Olive-Shamrock deposit.

Victoria said there are six other gold targets along the same trend that hosts Olive-Shamrock.

In addition to their geological potential, Victoria said these targets are proximal to the Eagle Mine project and largely accessible by existing access roads.

-SHANE LASLEY