The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Victoria Gold Corp. April 4 announced the start of a C$6.2 million initial phase of 2017 drilling at its Dublin Gulch gold property in the Yukon.
Roughly half of this phase 1 program will be focused on the rapid advancement of the Olive-Shamrock deposit, a satellite to the fully permitted and construction ready Eagle Gold Mine project.
The work here will include step-out and definition drilling targeting the expansion of known, near-surface, minable tonnage along the mineralized shear zone.
Five additional targets along a more than 13-kilometers (eight miles) stretch of the Potato Hills trend that hosts Olive-Shamrock will be drilled this year.
These targets are: East Potato Hills, a large intrusion related gold geochemical anomaly that has never been drilled; Nugget, an undrilled Eagle lookalike with exceptional geochemical and trench anomalies; Falcon, an intrusion related gold mineralized target; Rex-Peso, a past-producing high-grade silver zone not fully explored for gold mineralization; and Lynx Dome, another historic high-grade silver producer under-tested for gold mineralization.
Victoria said all of these targets, with the exception of Nugget and Falcon, lie within 5,000 meters of the Eagle Gold Mine footprint and are largely road accessible.
"Drilling has begun and will continue throughout 2017, with the aim of demonstrating additional, definable resource gold deposits across the highly prospective Dublin Gulch property," explained Victoria Gold President and CEO John McConnell.
Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.
Reader Comments(0)