The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Mining Explorers 2020 - Published January 19, 2021
One 2020 hole drilled at Raven cut 65.7 meters averaging 2.77 g/t gold, expanding this target about 13 kilometers east of the Eagle Gold Mine.
Geologists inspect core from this year's drilling at Lynx, a high priority gold target about 5.6 miles southeast of Eagle Mine.
As Victoria Gold Corp. ramped up to commercial production at its Eagle Gold Mine in the Yukon, the company continued to explore for new lodes of gold across the 555-square-kilometer (214 square miles) Dublin Gulch property where the recently constructed operation is located.
"We remain bullish on the geological potential of the broader Dublin Gulch property and while the Eagle Gold Mine is the first to production, we hold strong conviction other deposits will follow," said Victoria Gold President and CEO John McConnell.
The company is particularly bullish about Raven, a near surface gold target at the Nugget zone about 13 kilometers (eight miles) east of the Eagle Mine.
Nugget hosts the second largest known intrusive body on the Dublin Gulch property – the Dublin Gulch stock that hosts the Eagle Gold deposit is the largest.
Since the 2018 discovery of Raven, trenching encountered strong gold mineralization. Highlights from this work include 124 meters of 3.51 grams per metric ton gold in TR18-33; 50 meters of 4.15 g/t gold in TR18-37; and 12 meters of 7.91 g/t gold in TR19-15.
Drilling completed at Raven during 2019 showed high-grade gold within wider bulk tonnage. This included 88.1 meters of 0.6 g/t gold in NG19-011C, including 2.8 meters of 7.72 g/t gold; 166.4 meters of 0.46 g/t gold in NG19-12C, including 5.9 meters of 4.48 g/t gold; and 139.3 meters of 0.41 g/t gold in NG19-13C, including one meter of 9.9 g/t gold.
The 2020 program at Dublin Gulch included 8,040 meters of diamond drilling in 35 holes, most of which targeted Raven.
The most exciting intercepts of the 2020 season came in NG20-033C, a hole that cut 65.7 meters of 2.77 g/t gold about 250 meters east of previous drilling.
Other highlights from the 2020 drilling at Raven include 16 meters of 2.31 g/t gold in NG20-034C; 19 meters of 3.95 g/t gold in NG20-037C; 10.5 meters of 2.13 g/t gold in NG20-038C; and 13.7 meters of 4.48 g/t gold in NG20-045C.
Overall, the 2020 drilling expanded Raven to 750 meters along strike, tripling the extent of known mineralization from 2019.
"Raven remains open in all directions and to depth, representing a highly prospective target as we continue to define the Dublin Gulch Camp," said McConnell.
In addition to drilling, the 2020 Dublin Gulch exploration program included more than 3,000 meters of trenching and the collection of 3,700 soil samples.
Lynx, a high priority prospect about nine kilometers (5.6 miles) southeast of the Eagle Mine, was the target of 590 meters of the drilling, 720 meters of the trenching, and more than 1,600 of the soil samples collected at Dublin Gulch during 2020.
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.
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